India: Household debt to GDP

* indicates monthly or quarterly data series
 India

Household debt to GDP, in percent

 Latest value 40.1
 Reference December 2023
 Measure percent
 Data availability June 2007 - December 2023
 Average 36.29
 Min - Max 31.3 - 43.2
 Source The Bank for International Settlements
For that indicator, we provide data for India from June 2007 to December 2023. The average value for India during that period was 36.29 percent with a minimum of 31.3 percent in September 2016 and a maximum of 43.2 percent in September 2007. Click on the following link to see the values of Household debt to GDP, in percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
India - Household debt to GDP - recent values

Historical chart
India - Household debt to GDP - historical chart - 2007-2023
Measure: percent
Source: The Bank for International Settlements


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Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.

 Related indicators Latest value Reference Measure
 Inflation 6.7 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 83.0799 9/2023 Local Currency Units per USD
 Money supply (broad money) 233,623.01 9/2023 billion
 Consumer Price Index (CPI) 184.1000 9/2023 index points
 Inflation, monthly -1.13 9/2023 percent
 Inflation, annual 5.02 9/2023 percent
 Private sector credit 141,525.00 9/2023 billion
 Business credit 93,256.67 9/2023 billion
 Household credit 48,268.33 9/2023 billion
 Mortgage credit 24,766.97 9/2023 billion
 Consumer credit 23,501.36 9/2023 billion
 Deposit interest rate 6.70 9/2023 percent
 Policy rate 6.50 9/2023 percent
 Household debt to GDP 39.00 9/2023 percent
 Debt service ratios for private non-financial sector 11.50 Q3/2023 percent
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