Total Credit — Value US$, 2015 prices in India
India: Total Credit — Value US$, 2015 prices was 2.02 million million USD in 2024. ◆ Volatile
Total Credit — Value US$, 2015 prices in India, 1996–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$, 2015 prices in India stood at 2.02 million million USD. That is the highest value across all 29 years on record.
That represents a change of up 14.8% on the previous year and up 99.2% over ten years.
Over the whole period, total credit — value us$, 2015 prices in India peaked at 2.02 million million USD in 2024 and was at its lowest, 119,459 million USD, in 1996.
That places India 3rd out of 166 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$, 2015 prices in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1996 | 119,459 million USD | — |
| 1997 | 125,268 million USD | +4.9% |
| 1998 | 134,563 million USD | +7.4% |
| 1999 | 151,324 million USD | +12.5% |
| 2000 | 175,649 million USD | +16.1% |
| 2001 | 199,158 million USD | +13.4% |
| 2002 | 233,949 million USD | +17.5% |
| 2003 | 259,564 million USD | +10.9% |
| 2004 | 285,890 million USD | +10.1% |
| 2005 | 354,353 million USD | +23.9% |
| 2006 | 429,393 million USD | +21.2% |
| 2007 | 516,422 million USD | +20.3% |
| 2008 | 587,078 million USD | +13.7% |
| 2009 | 646,199 million USD | +10.1% |
| 2010 | 686,790 million USD | +6.3% |
| 2011 | 769,553 million USD | +12.1% |
| 2012 | 840,270 million USD | +9.2% |
| 2013 | 910,270 million USD | +8.3% |
| 2014 | 1.01 million million USD | +11.3% |
| 2015 | 1.09 million million USD | +7.2% |
| 2016 | 1.11 million million USD | +2.0% |
| 2017 | 1.17 million million USD | +5.7% |
| 2018 | 1.29 million million USD | +9.9% |
| 2019 | 1.35 million million USD | +4.9% |
| 2020 | 1.36 million million USD | +0.5% |
| 2021 | 1.35 million million USD | -0.3% |
| 2022 | 1.48 million million USD | +9.4% |
| 2023 | 1.76 million million USD | +18.7% |
| 2024 | 2.02 million million USD | +14.8% |
India compared with similar countries
- India's 2.02 million million USD is above the median for lower middle income countries, which is 3,952 million USD, 510.4× the median. (38 countries reporting)
- India's 2.02 million million USD is above the median for South Asia, which is 28,209 million USD, 71.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 132,654 million USD | 119,459 million USD | 151,324 million USD | 4 |
| 2000s | 368,766 million USD | 175,649 million USD | 646,199 million USD | 10 |
| 2010s | 1.02 million million USD | 686,790 million USD | 1.35 million million USD | 10 |
| 2020s | 1.59 million million USD | 1.35 million million USD | 2.02 million million USD | 5 |
Countries ranked near India
- 1 China, mainland 21.64 million million USD compare
- 2 Japan 4.77 million million USD compare
- 3 Viet Nam 554,855 million USD compare
- 4 Germany 1.62 million million USD compare
- 4 Türkiye 421,748 million USD compare
- 5 Republic of Korea 1.50 million million USD compare
- 6 Iran (Islamic Republic of) 241,946 million USD compare
- 6 Switzerland 1.37 million million USD compare
More agriculture & rural data for India
- Agriculture, forestry, and fishing, value added (current US$), annual -2.83 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1623 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 438.73 current US$ per person (2025)
- Rural population, annual growth rate 0.4067 % change on previous year (2025)
- Rural population, per unit of GDP 0.0002 units per US$ of GDP (2025)
- Rural population, per capita 0.6431 units per person (2025)
- Share of GDP from agriculture 16.2% (2025)
- Agriculture as a share of GDP vs. GDP per capita 16.2% (2025)
- Agricultural raw materials exports 0.9% (2024)
- Agricultural raw materials imports 1.5% (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in India?
- Total credit — value us$, 2015 prices in India was 2.02 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in India?
- The highest recorded value was 2.02 million million USD in 2024.
- What is the lowest total credit — value us$, 2015 prices recorded in India?
- The lowest recorded value was 119,459 million USD in 1996.
- How does India rank for total credit — value us$, 2015 prices?
- India ranks 3rd out of 166 countries with data for 2024.
- Is total credit — value us$, 2015 prices rising or falling in India?
- Over the last ten years it is up 99.2%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.