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Number of cards with a credit function per inhabitant in India: Stagnancy in 2017

Number of cards with a credit function hasn't changed in comparison with the prior year, according to adjusted numbers released by Bank for International Settlements. For the 6th consecutive year, the variable remained the same at 0.02. India saw a drop of 0% in number of cards with a credit function over the past 11 years. Compared with its average, the number of cards with a credit function is now higher as the mean equals 0.02 and the indicator pinpoints a overall stagnation since the start of observations. It reached its minimum of 0.01 in 2011.

Number of cards with a credit function per inhabitant in India: Stagnancy in 2017
Date Number Variation
2017 0.02 =
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 =

Related Statistics

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.