India: Credit gap

(measure: percent, source: Bank for International Settlements (BIS))
* indicates monthly or quarterly data series

Credit gap in India, March, 2020: For that indicator, we provide data for India from Q1 1988 to Q1 2020. The average value for India during that period was 0.2 percent with a minimum of -9.5 percent in Q2 2017 and a maximum of 11.8 percent in Q1 2007. Click on the following link to see the values of Credit gap around the world.
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Measure: percent
Source: Bank for International Settlements (BIS)

Definition: The credit-to-GDP gap is defined as the difference between the credit-to-GDP ratio and its long-run trend, and captures the build-up of excessive credit in a reduced form fashion.
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