{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"in-private-credit-financial-institutions-gdp","url":"https://apiardata.com/statistics/in-private-credit-financial-institutions-gdp","html_url":"https://apiardata.com/statistics/in-private-credit-financial-institutions-gdp/","title":"India Private Credit by All Financial Institutions (% of GDP) (2020)","description":"India's Private Credit by All Financial Institutions (% of GDP): 54.7 % of GDP in 2020, +3.9pp YoY. World Bank (GFDD.DI.14), 1971–2020.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","India","2020"],"publisher":"World Bank","frequency":"Annual","geography":"India","temporal_coverage":"1971/2020","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2020","variable_measured":"India Private Credit by All Financial Institutions (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GFDD.DI.14?locations=IN"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1971–2020"},{"label":"Observations","value":"50"},{"label":"Geography","value":"India"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"India (2020)","value":"54.7","unit":"% of GDP","trend":{"direction":"up","value":"+3.9pp YoY"}},{"label":"YoY Change","value":"+3.9pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"India Private Credit by All Financial Institutions (% of GDP)"}],"observation_count":50,"observations":[{"period":"1971","value":12.4934},{"period":"1972","value":12.9224},{"period":"1973","value":13.0939},{"period":"1974","value":12.9138},{"period":"1975","value":14.9337},{"period":"1976","value":17.8877},{"period":"1977","value":18.0418},{"period":"1978","value":19.6954},{"period":"1979","value":20.9567},{"period":"1980","value":20.5435},{"period":"1981","value":21.2255},{"period":"1982","value":22.6879},{"period":"1983","value":22.8927},{"period":"1984","value":24.2826},{"period":"1985","value":24.5637},{"period":"1986","value":25.801},{"period":"1987","value":25.3824},{"period":"1988","value":25.2751},{"period":"1989","value":26.5898},{"period":"1990","value":24.9165},{"period":"1991","value":23.8217},{"period":"1992","value":24.6982},{"period":"1993","value":23.8321},{"period":"1994","value":23.6473},{"period":"1995","value":22.5108},{"period":"1996","value":23.4024},{"period":"1997","value":23.5553},{"period":"1998","value":23.6777},{"period":"1999","value":25.4229},{"period":"2000","value":28.3396},{"period":"2001","value":28.6194},{"period":"2002","value":32.3065},{"period":"2003","value":31.6263},{"period":"2004","value":36.1918},{"period":"2005","value":40.068},{"period":"2006","value":43.6278},{"period":"2007","value":45.6278},{"period":"2008","value":49.5594},{"period":"2009","value":48.1244},{"period":"2010","value":50.5554},{"period":"2011","value":51.2892},{"period":"2012","value":51.8885},{"period":"2013","value":52.3857},{"period":"2014","value":51.8822},{"period":"2015","value":51.8675},{"period":"2016","value":49.1012},{"period":"2017","value":48.794},{"period":"2018","value":50.3382},{"period":"2019","value":50.8151},{"period":"2020","value":54.6517}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2020","value":"54.7","yoyChange":"+3.9pp"},{"year":"2019","value":"50.8","yoyChange":"+0.5pp"},{"year":"2018","value":"50.3","yoyChange":"+1.5pp"},{"year":"2017","value":"48.8","yoyChange":"-0.3pp"},{"year":"2016","value":"49.1","yoyChange":"-2.8pp"},{"year":"2015","value":"51.9","yoyChange":"unchanged"},{"year":"2014","value":"51.9","yoyChange":"-0.5pp"},{"year":"2013","value":"52.4","yoyChange":"+0.5pp"},{"year":"2012","value":"51.9","yoyChange":"+0.6pp"},{"year":"2011","value":"51.3","yoyChange":"+0.7pp"},{"year":"2010","value":"50.6","yoyChange":"+2.5pp"},{"year":"2009","value":"48.1","yoyChange":"-1.5pp"},{"year":"2008","value":"49.6","yoyChange":"+4pp"},{"year":"2007","value":"45.6","yoyChange":"+2.0pp"},{"year":"2006","value":"43.6","yoyChange":"+3.5pp"},{"year":"2005","value":"40.1","yoyChange":"+3.9pp"},{"year":"2004","value":"36.2","yoyChange":"+4.6pp"},{"year":"2003","value":"31.6","yoyChange":"-0.7pp"},{"year":"2002","value":"32.3","yoyChange":"+3.7pp"},{"year":"2001","value":"28.6","yoyChange":"+0.3pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total private sector credit (bank + non-bank financial institutions) as a share of GDP in India from 1990 to present. This broader measure captures shadow banking and non-bank credit channels beyond deposit money banks. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2020. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1971–2020 (50 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 54.7 % of GDP in 2020 and reached its lowest recorded value of 12.5 in 1971. The latest reading of 54.7 in 2020 represents a change of +3.9pp."}]}