Nominal Total Credit to General Government, Adjusted for Breaks, for India
QINGANUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,088.69
Year-over-Year Change
18.65%
Date Range
1/1/1981 - 10/1/2024
Summary
This economic trend measures India's nominal total credit to the general government, adjusted for statistical breaks. It provides insights into the government's financing and fiscal conditions.
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 nominal total credit to general government, adjusted for breaks, is a key indicator of India's public sector finances. It represents the total outstanding credit extended to the Indian government by the domestic banking system and other financial institutions.
Methodology
The data is collected and calculated by the Reserve Bank of India.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to assess the government's fiscal position and borrowing activities.
Key Facts
- India's nominal total credit to general government was $1.7 trillion as of 2021.
- The trend has increased by over 60% in the past decade.
- Government borrowing accounts for over 60% of India's total domestic credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding credit extended to the Indian government by domestic banks and financial institutions, adjusted for statistical breaks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the government's financing activities and fiscal conditions, which are closely monitored by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the government's borrowing, fiscal sustainability, and overall financial conditions.
Q: Are there update delays or limitations?
A: The data is released with a lag, and there may be occasional statistical breaks that require adjustments.
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Citation
U.S. Federal Reserve, Nominal Total Credit to General Government, Adjusted for Breaks, for India (QINGANUSDA), retrieved from FRED.