Credit to Government and State-Owned Enterprises to GDP for India
DDEI08INA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.79
Year-over-Year Change
16.17%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic indicator measures the ratio of credit extended to the government and state-owned enterprises in India as a percentage of the country's gross domestic product (GDP). It provides insights into the role of the public sector in the Indian economy.
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 'Credit to Government and State-Owned Enterprises to GDP' metric tracks the flow of credit from the financial system to the government and state-owned enterprises in India. This data point is used by economists and policymakers to assess the government's reliance on credit and the overall role of the public sector in the country's economic activity.
Methodology
The data is compiled by the World Bank from official government sources.
Historical Context
This indicator is relevant for understanding India's fiscal and monetary policies, as well as the dynamics between the public and private sectors.
Key Facts
- India's credit to government and state-owned enterprises as a percentage of GDP was 49.4% in 2020.
- This metric has increased from 37.4% in 2010, indicating a growing role of the public sector in the Indian economy.
- The ratio peaked at 51.4% in 2017 before declining in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the ratio of credit extended to the government and state-owned enterprises in India as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the role of the public sector in the Indian economy and the government's reliance on credit, which is important for assessing fiscal and monetary policies.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from official government sources.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze the dynamics between the public and private sectors in India and to inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of official government reporting in India.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for India
INDFCBODCKNUM
Consumer Price Index: Health (COICOP 06): Total for India
INDCP060000IXNBQ
Number of Identified Exporters to India from Oregon
ORINDA475SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for India
INDFCLODCGGDPPT
Interest Rates, Government Securities, Government Bonds for India
INTGSBINM193N
Production: Manufacturing: Intermediate Goods: Total for India
PRMNIG01INQ661N
Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for India (DDEI08INA156NWDB), retrieved from FRED.