India vs Upper middle income: External debt stocks, public and publicly guaranteed (PPG)

India
238.95 billion DOD, current US$
in 2024
Upper middle income
2.20 trillion DOD, current US$
in 2024
India rank
4th
Upper middle income rank
3rd

External debt stocks, public and publicly guaranteed (PPG) over time

  • India
  • Upper middle income
0500.0B1.0T1.5T2.0T197019972024

How they compare

Upper middle income currently reports 2.20 trillion DOD, current US$ against 238.95 billion DOD, current US$ in India, a difference of 1.96 trillion DOD, current US$.

That makes Upper middle income's figure about 9.2 times India's.

Across all 55 years both countries report, Upper middle income has been ahead every year.

India ranks 4th and Upper middle income ranks 3rd of 122 countries.

Upper middle income has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade India Upper middle income Difference Ahead
1970s 12.11 billion DOD, current US$ 63.90 billion DOD, current US$ 51.79 billion DOD, current US$ Upper middle income
1980s 31.76 billion DOD, current US$ 311.14 billion DOD, current US$ 279.37 billion DOD, current US$ Upper middle income
1990s 79.26 billion DOD, current US$ 569.10 billion DOD, current US$ 489.83 billion DOD, current US$ Upper middle income
2000s 71.71 billion DOD, current US$ 720.43 billion DOD, current US$ 648.73 billion DOD, current US$ Upper middle income
2010s 147.32 billion DOD, current US$ 1.34 trillion DOD, current US$ 1.19 trillion DOD, current US$ Upper middle income
2020s 211.43 billion DOD, current US$ 2.13 trillion DOD, current US$ 1.91 trillion DOD, current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external debt stocks, public and publicly guaranteed (ppg), India or Upper middle income?
Upper middle income, at 2.20 trillion DOD, current US$ against 238.95 billion DOD, current US$ in India as of 2024.
What is the difference in external debt stocks, public and publicly guaranteed (ppg) between India and Upper middle income?
1.96 trillion DOD, current US$, with Upper middle income ahead.
How many years of comparable data are there for India and Upper middle income?
55 years are reported by both, from 1970 to 2024.
How do India and Upper middle income rank globally for external debt stocks, public and publicly guaranteed (ppg)?
India ranks 4th and Upper middle income ranks 3rd of 122 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Upper middle income: External debt stocks, public and publicly guaranteed (PPG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 29 August 2026, from https://debt.statizoid.com/compare/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us/india/upper-middle-income/

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About this data

Indicator
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,457 data points, 1970–2024
Last refreshed

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.