Prediction of the 5-Year Future of the Banking Sector in G20 Countries with ARIMA Method

In this study, it is aimed to predict the future size of the banking sector of G20 countries. In this context, 15 different countries whose data can be reached in the period of 1960-2018 were included in the scope of the study. These data were analyzed by ARIMA method and forecasts were made for 2019-2023. According to the results of the analysis, it is foreseen that the ratio of loans extended to private sector by the banks to the GDP will increase in the next 5 years for 14 different G20 countries. This result indicates that the banking sector will be more effective in the world in the future. However, it is estimated that this rate will decrease for India in the next 5 years. Therefore, it would be appropriate for the Indian government and authorities to take action on this issue