India: Bank credit to government and public enterprises, percent of GDP, 1980 - 2017:
For that indicator, we provide data for India from 1980 to 2017. The average value for India during that period was 14.05 percent with a minimum of 5.82 percent in 1982 and a maximum of 23.77 percent in 2016.
The latest value from 2017 is 20.1 percent. For comparison, the world average in 2017 based on 153
countries is 12.06 percent.
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Definition: Bank credit is the amount of credit available to the government sector. It consists of the total amount of combined funds that are provided to the government by the bank sector.
