Nonperforming Loans Statistics in India (2026)
As of 2023, bank nonperforming loans in India was 1.7% of total gross loans, per World Bank World Development Indicators data. Down from 4.8% in 2022 to 1.7% in 2023 (−3.1 percentage points). India ranks #1 of 6 economies in South Asia on this measure, and #31 of 144 globally.
Key Statistics
- Latest value (2023)
- 1.7% (2023)
- Nonperforming Loans in India as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −3.1 pp (2023)
- Down from 4.8% in 2022 to 1.7% in 2023 (−3.1 percentage points).
- Earliest value in this dataset (2005)
- 4.4% (2005)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 4.4% in 2005 to 1.7% in 2023.
- Peak value (2017)
- 10% (2017)
- Highest value in the available series; the 2023 value is 1.7%.
- Rank in South Asia (lower is better; rank 1 = lowest)
- #1 of 6 (2023)
- India ranks 1 of 6 countries in South Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #31 of 144 (2023)
- India ranks 31 of 144 countries with data globally. Ranked ascending because lower values are better for this metric.
- South Asia average
- 6.4% (2023)
- India (1.7%) is below the average of 6.4% across the 6 countries in South Asia with data.
- Domestic credit to private sector (% of GDP) (2024)
- 40% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in India (2025)
- 70% (2025)
- 70% of the population in India used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 1.5 billion (2024)
- India had a population of 1.5 billion in 2024 (World Bank); shown for scale only.
Trend, 2005–2023
| Year | % of total gross loans | Change |
|---|---|---|
| 2023 | 1.7% | −3.1 pp |
| 2022 | 4.8% | −1.7 pp |
| 2021 | 6.5% | −1.4 pp |
| 2020 | 7.9% | −1.3 pp |
| 2019 | 9.2% | −0.2 pp |
| 2018 | 9.5% | −0.5 pp |
| 2017 | 10% | +0.8 pp |
| 2016 | 9.2% | +3.3 pp |
| 2015 | 5.9% | +1.5 pp |
| 2014 | 4.3% | +0.3 pp |
| 2013 | 4% | +0.7 pp |
| 2012 | 3.4% | +0.7 pp |
| 2011 | 2.7% | +0.2 pp |
| 2008 | 2.4% | −2.0 pp |
| 2005 | 4.4% | — |
Frequently asked questions
What is the latest figure for bank nonperforming loans in India?
Bank nonperforming loans in India stood at 1.7% of total gross loans in 2023, according to World Bank World Development Indicators data.
How has nonperforming loans in India changed over time?
World Bank World Development Indicators data show a decline from 4.4% in 2005 to 1.7% in 2023.
How does India compare with other countries in South Asia?
India ranks 1 of 6 countries in South Asia with data (ranked ascending; lower is better), with 1.7% versus a regional average of 6.4% (latest values per country).
Where does India rank globally on nonperforming loans?
India ranks 31 of 144 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.AST.NPER.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .