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At a glance/Money and RBI/Credit to the private sector
Money and RBI · annual

Domestic credit to the private sector (% of GDP)

Financial resources provided to the private sector (loans, purchases of securities) by financial corporations, as a share of GDP, by financial year.

2025-26● Fresh
44.0%
Next release expected around 2027-10-17.
Previous41.62024-25
Average, last 5 years40.32021-22 to 2025-26
Highest52.42013-14
Lowest7.81960-61

Over time

010203040506044.052.4 · Taper tantrum1960-611970-711980-811990-912000-012010-112025-26
World Bank, World Development IndicatorsCSV

Circled points are the largest swings, labelled with the nearest event in our timeline. That is when it happened, not proof of cause.

View as a table
PeriodValueStatusBase
2025-2644.0
2024-2541.6
2023-2440.9
2022-2338.2
2021-2236.9
2020-2140.8
2019-2038.7
2018-1938.9
2017-1838.2
2016-1738.2
2015-1651.9
2014-1551.9
2013-1452.4
2012-1351.9
2011-1251.3
2010-1150.6
2009-1048.1
2008-0949.6
2007-0845.6
2006-0743.6
2005-0640.1
2004-0536.2
2003-0431.6
2002-0332.3
2001-0228.6
2000-0128.3
1999-0025.4
1998-9923.7
1997-9823.6
1996-9723.4
1995-9622.5
1994-9523.6
1993-9423.8
1992-9324.7
1991-9223.8
1990-9124.9
1989-9026.6
1988-8925.3
1987-8825.4
1986-8725.8
1985-8624.6
1984-8524.3
1983-8422.9
1982-8322.7
1981-8221.2
1980-8120.5
1979-8021.0
1978-7919.7
1977-7818.0
1976-7717.9
1975-7614.9
1974-7512.9
1973-7413.1
1972-7312.9
1971-7212.5
1970-7111.2
1969-7010.4
1968-699.8
1967-689.1
1966-679.5
1965-669.3
1964-658.5
1963-649.1
1962-639.0
1961-628.5
1960-617.8
Why it matters

How deep finance runs: private credit has gone from 8% of GDP in 1960-61 to 44% now.

What it leaves out

A stock measure at the end of the year relative to GDP. It does not say who gets the credit or whether it is productive; broad money and bank credit growth from RBI are not shown.

RelatedRepo rate →Size of the economy →
Past-paper questionsMoney, banking and financial markets in India →Fiscal and monetary policy effectiveness →Money supply and the banking multiplier →
Source · World Bank, World Development Indicators · CC BY 4.0
Unit · % of GDP · as published
Release · World Bank updates a few times a year.
Last checked · 2026-11-08 · freshness of every number →
Series id · money.credit.private