India: Bank credit to government

For that indicator, we provide data for India from 1980 to 2020. The average value for India during that period was 14.69 percent with a minimum of 6.01 percent in 1982 and a maximum of 23.6 percent in 2016. The latest value from 2020 is 22.79 percent. For comparison, the world average in 2020 based on 147 countries is 14.91 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.