India: Small firms with bank credit

India: Small firms with bank credit, percent of all small firms

: For that indicator, we provide data for India from 2014 to 2014. The average value for India during that period was 16.3 percent with a minimum of 16.3 percent in 2014 and a maximum of 16.3 percent in 2014. The latest value from 2014 is 16.3 percent. For comparison, the world average in 2014 based on 11 countries is 17.51 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.