Number of Household Sector Borrowers at All Microfinance Institutions in India
India: Number of Household Sector Borrowers at All Microfinance Institutions was 39.16 in 2024. ▲ Rising
Number of Household Sector Borrowers at All Microfinance Institutions in India, 2011–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector borrowers at all microfinance institutions in India stood at 39.16. That is the highest value across all 14 years on record.
The figure is up 7.6% on the previous year and up 22.7% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in India peaked at 39.16 in 2024 and was at its lowest, 25.76, in 2017.
That places India 30th out of 60 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Number of Household Sector Borrowers at All Microfinance Institutions in India, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 26.11 | — |
| 2012 | 27.47 | +5.2% |
| 2013 | 30.89 | +12.5% |
| 2014 | 31.92 | +3.3% |
| 2015 | 34.4 | +7.8% |
| 2016 | 28.58 | -16.9% |
| 2017 | 25.76 | -9.9% |
| 2018 | 29.38 | +14.1% |
| 2019 | 31.2 | +6.2% |
| 2020 | 31.19 | -0.0% |
| 2021 | 29.87 | -4.2% |
| 2022 | 31.63 | +5.9% |
| 2023 | 36.4 | +15.1% |
| 2024 | 39.16 | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.52 | 25.76 | 34.4 | 9 |
| 2020s | 33.65 | 29.87 | 39.16 | 5 |
Countries ranked near India
More gender data for India
- Child population (UN estimates and projections) 341,454 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -0.5667 % change on previous year (2030)
- Population 1.18 million (2030)
- Working-age population (UN estimates and projections) 1.18 million (2030)
- Population (UN estimates and projections), annual growth rate 1.17 % change on previous year (2030)
- Age population, age 00, female, interpolated 10.96 million (2025)
- Age population, age 00, male, interpolated 11.71 million (2025)
- Age population, age 01, female, interpolated 10.92 million (2025)
- Age population, age 01, male, interpolated 11.70 million (2025)
- Age population, age 02, female, interpolated 10.89 million (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in India?
- Number of household sector borrowers at all microfinance institutions in India was 39.16 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in India?
- The highest recorded value was 39.16 in 2024.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in India?
- The lowest recorded value was 25.76 in 2017.
- How does India rank for number of household sector borrowers at all microfinance institutions?
- India ranks 30th out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in India?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.