Households Debt in India increased to 11.40 percent of GDP in the first quarter of 2018 from 11 percent of GDP in the fourth quarter of 2017. Households Debt To Gdp in India averaged 9.73 percent of GDP from 2007 until 2018, reaching an all time high of 11.40 percent of GDP in the first quarter of 2018 and a record low of 8.70 percent of GDP in the third quarter of 2012.
Households Debt To Gdp in India is expected to be 11.82 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To Gdp in India to stand at 12.20 in 12 months time. In the long-term, the India Households Debt To Gdp is projected to trend around 13.09 percent of GDP in 2020, according to our econometric models.