Total Credit to Non-Financial Corporations, Adjusted for Breaks, for India
QINNAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.10
Year-over-Year Change
-0.78%
Date Range
4/1/2007 - 10/1/2024
Summary
This economic trend measures the total credit extended to non-financial corporations in India, adjusted for statistical breaks. It provides insights into the level of debt financing and investment activity within the private sector.
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 Non-Financial Corporations, Adjusted for Breaks, for India is an important indicator of the financial health and investment climate of the country's private sector. It reflects the overall availability and usage of credit by businesses, which is crucial for economic growth and development.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS) based on information provided by the Reserve Bank of India.
Historical Context
This trend is closely monitored by policymakers, investors, and analysts to assess the financing conditions and investment dynamics in the Indian economy.
Key Facts
- India's total credit to non-financial corporations reached a record high in 2020.
- Credit growth has decelerated in recent years due to the COVID-19 pandemic.
- The trend is a key indicator of investment and financial stability in the Indian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to non-financial corporations in India, adjusted for statistical breaks or changes in data collection methodology.
Q: Why is this trend relevant for users or analysts?
A: The level of credit to non-financial corporations is an important indicator of investment activity, financial health, and the overall business environment in the Indian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS) based on information provided by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and economic analysts closely monitor this trend to assess financing conditions, investment dynamics, and the overall health of the private sector in India.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the BIS, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Adjusted for Breaks, for India (QINNAM770A), retrieved from FRED.