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Number of cards with a credit function per inhabitant in India: Stagnancy in 2016

The variable did not change in comparison to the previous year, according to figures issued by Bank for International Settlements. For the 5th consecutive year, the indicator was 0.02. India saw a fall of 0% in number of cards with a credit function over the past 10 years. Likewise, the number of cards with a credit function is now above average of 0.02 and the variable highlights a overall stagnancy since the start of time series. It reached its minimum of 0.01 in 2011.

Number of cards with a credit function per inhabitant in India: Stagnancy in 2016
Date Number Variation
2016 0.02 =
2015 0.02 =
2014 0.02 =
2013 0.02 =
2012 0.02 100
2011 0.01 -50
2010 0.02 =
2009 0.02 =
2008 0.02 =
2007 0.02 N/A

Bank for International Settlements

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Number Of Credit Cards

Last = 2016
Prev = 2015
Min 0.01 2011
Max 0.02 2016

Related Statistics

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Number Of Credit Cards in other Countries

Main Credit Card Indicators

  • Credit Card Transaction

    Value (million or billion US Dollars or any other national currency) or volume (number of transactions) of payment transactions performed with credit cards, i.e. cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.

  • Number Of Credit Cards

    Number of credit cards used by a given population. Credit cards are understood as cards indicating that the holder has been granted a line of credit. They enable him/her to make purchases and/or draw cash up to a prearranged ceiling. The credit granted may be settled in full by the end of a specific period, or may be settled in part, with the balance taken as extended credit. Interest is charged on the amount of extended credit and the holder is sometimes charged an annual fee. Based on: Bank for International Settlements.