Total Credit — Value US$ in India
India: Total Credit — Value US$ was 2.25 million million USD in 2024. ◆ Volatile
Total Credit — Value US$ in India, 1996–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
India recorded 2.25 million million USD for total credit — value us$ in 2024. That is the highest value across all 29 years on record.
The figure is up 17.3% on the previous year and up 115.7% over ten years.
Over the whole period, total credit — value us$ in India peaked at 2.25 million million USD in 2024 and was at its lowest, 71,880 million USD, in 1996.
India ranks 3rd of 166 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$ in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1996 | 71,880 million USD | — |
| 1997 | 78,311 million USD | +8.9% |
| 1998 | 79,968 million USD | +2.1% |
| 1999 | 88,822 million USD | +11.1% |
| 2000 | 102,373 million USD | +15.3% |
| 2001 | 114,108 million USD | +11.5% |
| 2002 | 134,949 million USD | +18.3% |
| 2003 | 162,283 million USD | +20.3% |
| 2004 | 194,259 million USD | +19.7% |
| 2005 | 261,331 million USD | +34.5% |
| 2006 | 334,130 million USD | +27.9% |
| 2007 | 470,899 million USD | +40.9% |
| 2008 | 555,568 million USD | +18.0% |
| 2009 | 588,306 million USD | +5.9% |
| 2010 | 731,571 million USD | +24.4% |
| 2011 | 873,282 million USD | +19.4% |
| 2012 | 898,861 million USD | +2.9% |
| 2013 | 942,922 million USD | +4.9% |
| 2014 | 1.04 million million USD | +10.4% |
| 2015 | 1.09 million million USD | +4.3% |
| 2016 | 1.09 million million USD | +0.6% |
| 2017 | 1.24 million million USD | +13.4% |
| 2018 | 1.35 million million USD | +8.8% |
| 2019 | 1.40 million million USD | +4.3% |
| 2020 | 1.41 million million USD | +0.1% |
| 2021 | 1.52 million million USD | +8.3% |
| 2022 | 1.67 million million USD | +9.8% |
| 2023 | 1.91 million million USD | +14.4% |
| 2024 | 2.25 million million USD | +17.3% |
India compared with similar countries
- India's 2.25 million million USD is above the median for lower middle income countries, which is 4,537 million USD, 494.9× the median. (38 countries reporting)
- India's 2.25 million million USD is above the median for South Asia, which is 34,388 million USD, 65.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 79,745 million USD | 71,880 million USD | 88,822 million USD | 4 |
| 2000s | 291,821 million USD | 102,373 million USD | 588,306 million USD | 10 |
| 2010s | 1.07 million million USD | 731,571 million USD | 1.40 million million USD | 10 |
| 2020s | 1.75 million million USD | 1.41 million million USD | 2.25 million million USD | 5 |
Countries ranked near India
- 1 China, mainland 22.36 million million USD compare
- 2 Japan 4.13 million million USD compare
- 3 Viet Nam 623,621 million USD compare
- 4 Germany 2.05 million million USD compare
- 5 Austria 1.63 million million USD compare
- 5 Türkiye 375,659 million USD compare
- 6 Iran (Islamic Republic of) 248,392 million USD compare
- 6 Switzerland 1.58 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$ in India?
- Total credit — value us$ in India was 2.25 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in India?
- The highest recorded value was 2.25 million million USD in 2024.
- What is the lowest total credit — value us$ recorded in India?
- The lowest recorded value was 71,880 million USD in 1996.
- How does India rank for total credit — value us$?
- India ranks 3rd out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in India?
- Over the last ten years it is up 115.7%. 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$. 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.