India: Nonbank financial institutions assets to GDP

(measure: percent; Source: The International Monetary Fund )
* indicates monthly or quarterly data series

India: Nonbank financial institutions assets, percent of GDP

: For that indicator, we provide data for India from 1966 to 1988. The average value for India during that period was 2.58 percent with a minimum of 1.22 percent in 1966 and a maximum of 5.05 percent in 1987. The latest value from 1988 is 4.9 percent. For comparison, the world average in 1988 based on 39 countries is 12.26 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: ...Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the IMF’s International Financial Statistics.
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