Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for India
CRDQINAPUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
299,475.92
Year-over-Year Change
45.17%
Date Range
4/1/1951 - 10/1/2024
Summary
This economic trend measures the total credit extended to the private non-financial sector in India, providing insights into the country's financial landscape and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for India metric tracks the total credit and loan volume provided to businesses, households, and other private entities, excluding the financial sector. This indicator is closely monitored by economists and policymakers to assess the health and access to financing within the Indian economy.
Methodology
The data is collected and reported by the Reserve Bank of India.
Historical Context
This trend is used to inform economic policy decisions and analyze private sector credit conditions in India.
Key Facts
- Credit to the private non-financial sector accounts for over 50% of India's GDP.
- Private sector credit growth has averaged around 10% annually in recent years.
- Access to financing is a key driver of investment and economic development in India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit and loans extended to the private non-financial sector in India, including businesses, households, and other private entities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the availability of financing and credit conditions for the private sector in India, which is a key driver of economic growth and investment.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess private sector credit conditions and inform decisions on monetary policy, lending regulations, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Reserve Bank of India, with minimal delays. However, the series may be subject to occasional revisions or breaks due to changes in data collection or reporting methods.
Related Trends
Real Broad Effective Exchange Rate for India
RBINBIS
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for India
INDCP050000GPM
Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for India
DDAM02INA156NWDB
Number of Identified Exporters to India from Texas
TXINDA475SCEN
Value of Exports to India from South Carolina
SCINDA052SCEN
Production: Manufacturing: Consumer Goods: Non-Durable Goods for India
INDPRMNCG03IXOBM
Citation
U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for India (CRDQINAPUBIS), retrieved from FRED.