PPG, commercial banks in India

India: PPG, commercial banks was 8.05 billion NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
8.05 billion NFL, current US$
Change on year
up 215.6%
World rank
2nd
of 116 countries
All-time high
8.05 billion NFL, current US$
in 2024
All-time low
-4.60 billion NFL, current US$
in 2016
Years of data
55
1970–2024

PPG, commercial banks in India, 1970–2024

-5.0B05.0B10.0B197019972024

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

India recorded 8.05 billion NFL, current US$ for ppg, commercial banks in 2024. That is the highest value across all 55 years on record.

The figure is up 215.6% on the previous year and up 85.0% over ten years.

Over the whole period, ppg, commercial banks in India peaked at 8.05 billion NFL, current US$ in 2024 and was at its lowest, -4.60 billion NFL, current US$, in 2016.

India ranks 2nd of 116 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

PPG, commercial banks in India, year by year

Annual values for PPG, commercial banks (NFL, current US$) in India, 1970 to 2024.
Year NFL, current US$ Change
1970 -6.78 million NFL, current US$ —
1971 3.47 million NFL, current US$ -151.2%
1972 -15.47 million NFL, current US$ -545.2%
1973 -23.43 million NFL, current US$ +51.5%
1974 -8.89 million NFL, current US$ -62.1%
1975 -2.94 million NFL, current US$ -66.9%
1976 -2.62 million NFL, current US$ -10.8%
1977 90.33 million NFL, current US$ -3543.8%
1978 22.94 million NFL, current US$ -74.6%
1979 33.38 million NFL, current US$ +45.5%
1980 605.68 million NFL, current US$ +1714.7%
1981 470.93 million NFL, current US$ -22.2%
1982 711.45 million NFL, current US$ +51.1%
1983 1.10 billion NFL, current US$ +54.7%
1984 1.12 billion NFL, current US$ +2.2%
1985 1.54 billion NFL, current US$ +36.9%
1986 2.09 billion NFL, current US$ +36.0%
1987 2.64 billion NFL, current US$ +26.0%
1988 2.93 billion NFL, current US$ +10.9%
1989 2.42 billion NFL, current US$ -17.4%
1990 1.73 billion NFL, current US$ -28.3%
1991 211.76 million NFL, current US$ -87.8%
1992 1.71 billion NFL, current US$ +706.7%
1993 883.93 million NFL, current US$ -48.3%
1994 -178.41 million NFL, current US$ -120.2%
1995 -86.92 million NFL, current US$ -51.3%
1996 216.04 million NFL, current US$ -348.5%
1997 -260.11 million NFL, current US$ -220.4%
1998 92.43 million NFL, current US$ -135.5%
1999 -130.72 million NFL, current US$ -241.4%
2000 -1.87 billion NFL, current US$ +1330.1%
2001 -1.07 billion NFL, current US$ -42.6%
2002 725.13 million NFL, current US$ -167.6%
2003 -552.99 million NFL, current US$ -176.3%
2004 -351.03 million NFL, current US$ -36.5%
2005 -90.10 million NFL, current US$ -74.3%
2006 1.61 billion NFL, current US$ -1882.3%
2007 2.71 billion NFL, current US$ +68.9%
2008 483.85 million NFL, current US$ -82.2%
2009 872.37 million NFL, current US$ +80.3%
2010 3.07 billion NFL, current US$ +252.0%
2011 2.29 billion NFL, current US$ -25.3%
2012 2.26 billion NFL, current US$ -1.4%
2013 5.52 billion NFL, current US$ +144.0%
2014 4.35 billion NFL, current US$ -21.1%
2015 1.21 billion NFL, current US$ -72.2%
2016 -4.60 billion NFL, current US$ -480.3%
2017 -3.71 billion NFL, current US$ -19.5%
2018 2.73 billion NFL, current US$ -173.5%
2019 552.91 million NFL, current US$ -79.7%
2020 -973.79 million NFL, current US$ -276.1%
2021 5.75 billion NFL, current US$ -690.2%
2022 1.23 billion NFL, current US$ -78.6%
2023 2.55 billion NFL, current US$ +107.8%
2024 8.05 billion NFL, current US$ +215.6%

India compared with similar countries

  • India's 8.05 billion NFL, current US$ is above the median for lower middle income countries, which is -1.17 million NFL, current US$. (40 countries reporting)
  • India's 8.05 billion NFL, current US$ is above the median for South Asia, which is -22,500 NFL, current US$. (6 countries reporting)

Biggest year-on-year movements

Years where PPG, commercial banks in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1977 +3543.8% -2.62 million NFL, current US$ 90.33 million NFL, current US$
2006 +1882.3% -90.10 million NFL, current US$ 1.61 billion NFL, current US$
1980 +1714.7% 33.38 million NFL, current US$ 605.68 million NFL, current US$
2000 -1330.1% -130.72 million NFL, current US$ -1.87 billion NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.00 million NFL, current US$ -23.43 million NFL, current US$ 90.33 million NFL, current US$ 10
1980s 1.56 billion NFL, current US$ 470.93 million NFL, current US$ 2.93 billion NFL, current US$ 10
1990s 419.01 million NFL, current US$ -260.11 million NFL, current US$ 1.73 billion NFL, current US$ 10
2000s 246.35 million NFL, current US$ -1.87 billion NFL, current US$ 2.71 billion NFL, current US$ 10
2010s 1.37 billion NFL, current US$ -4.60 billion NFL, current US$ 5.52 billion NFL, current US$ 10
2020s 3.32 billion NFL, current US$ -973.79 million NFL, current US$ 8.05 billion NFL, current US$ 5

Countries ranked near India

  1. 1 China 26.77 billion NFL, current US$ compare
  2. 3 Indonesia 3.90 billion NFL, current US$ compare
  3. 4 Senegal 2.12 billion NFL, current US$ compare
  4. 5 Serbia 1.65 billion NFL, current US$ compare

See the full ranking of 128 places →

More external debt data for India

All data for India →

Frequently asked questions

What is ppg, commercial banks in India?
Ppg, commercial banks in India was 8.05 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, commercial banks recorded in India?
The highest recorded value was 8.05 billion NFL, current US$ in 2024.
What is the lowest ppg, commercial banks recorded in India?
The lowest recorded value was -4.60 billion NFL, current US$ in 2016.
How does India rank for ppg, commercial banks?
India ranks 2nd out of 116 countries with data for 2024.
Is ppg, commercial banks rising or falling in India?
Over the last ten years it is up 85.0%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.

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PPG, commercial banks in India. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/ppg-commercial-banks-nfl-current-us/india/

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About this data

Indicator
PPG, commercial banks (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
128 places, 4,660 data points, 1970–2024
Last refreshed

Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.