China vs India: External debt stocks, public and publicly guaranteed (PPG) (DOD)
External debt stocks, public and publicly guaranteed (PPG) (DOD) over time
- China
- India
How they compare
China currently reports 460.23 billion DOD, current US$ against 252.90 billion DOD, current US$ in India, a difference of 207.33 billion DOD, current US$.
That makes China's figure about 1.8 times India's.
The two have swapped places 3 times across 45 shared years of data; in 1981 it was India ahead.
China ranks 1st and India ranks 4th of 124 countries.
Across the 5 decades both report, China averaged higher in 4 and India in 1.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.98 billion DOD, current US$ | 33.28 billion DOD, current US$ | 17.30 billion DOD, current US$ | India |
| 1990s | 81.21 billion DOD, current US$ | 79.26 billion DOD, current US$ | 1.95 billion DOD, current US$ | China |
| 2000s | 91.12 billion DOD, current US$ | 71.71 billion DOD, current US$ | 19.42 billion DOD, current US$ | China |
| 2010s | 176.73 billion DOD, current US$ | 147.41 billion DOD, current US$ | 29.32 billion DOD, current US$ | China |
| 2020s | 489.35 billion DOD, current US$ | 218.54 billion DOD, current US$ | 270.81 billion DOD, current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external debt stocks, public and publicly guaranteed (ppg), China or India?
- China, at 460.23 billion DOD, current US$ against 252.90 billion DOD, current US$ in India as of 2025.
- What is the difference in external debt stocks, public and publicly guaranteed (ppg) between China and India?
- 207.33 billion DOD, current US$, with China ahead.
- How many years of comparable data are there for China and India?
- 45 years are reported by both, from 1981 to 2025.
- How do China and India rank globally for external debt stocks, public and publicly guaranteed (ppg)?
- China ranks 1st and India ranks 4th of 124 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.