Total Credit to Non-Financial Sector, Adjusted for Breaks, for India
QINCAMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
563,878.36
Year-over-Year Change
41.01%
Date Range
1/1/1981 - 10/1/2024
Summary
The 'Total Credit to Non-Financial Sector, Adjusted for Breaks, for India' metric measures the total credit extended to India's non-financial sector, including households and businesses. This is a key indicator of financial conditions 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
This series tracks the total credit provided to India's non-financial sector, which encompasses households, non-financial corporations, and the government. It is an important barometer of the overall health and lending capacity of the Indian financial system.
Methodology
The data is collected and reported by the Bank for International Settlements.
Historical Context
This metric is closely watched by policymakers and analysts to assess the flow of credit and its potential impact on economic growth and inflation.
Key Facts
- The data is reported on a quarterly basis.
- India's total credit to the non-financial sector was $3.2 trillion as of the latest report.
- Credit growth is a key indicator of economic momentum in India.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total credit extended to India's non-financial sector, including households, businesses, and the government.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched as it provides insights into the availability of credit and the overall health of the Indian financial system, which has implications for economic growth and inflation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank for International Settlements.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the flow of credit and its potential impact on the Indian economy, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Sector, Adjusted for Breaks, for India (QINCAMXDCA), retrieved from FRED.