India vs Japan: Gross debt, General government, Domestic currency

India
498.27 trillion
in 2031
Japan
1,506.42 trillion
in 2031
India rank
4th
Japan rank
3rd

Gross debt, General government, Domestic currency over time

  • India
  • Japan
0500.0T1,000.0T1,500.0T198020052031

How they compare

Japan currently reports 1,506.42 trillion against 498.27 trillion in India, a difference of 1,008.15 trillion.

That makes Japan's figure about 3.0 times India's.

Across all 41 years both countries report, Japan has been ahead every year.

India ranks 4th and Japan ranks 3rd of 26 countries.

Japan has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade India Japan Difference Ahead
1990s 8.96 trillion 426.30 trillion 417.34 trillion Japan
2000s 29.39 trillion 773.28 trillion 743.89 trillion Japan
2010s 94.30 trillion 1,068.27 trillion 973.96 trillion Japan
2020s 287.98 trillion 1,362.08 trillion 1,074.10 trillion Japan
2030s 479.18 trillion 1,490.64 trillion 1,011.46 trillion Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, general government, domestic currency, India or Japan?
Japan, at 1,506.42 trillion against 498.27 trillion in India as of 2031.
What is the difference in gross debt, general government, domestic currency between India and Japan?
1,008.15 trillion, with Japan ahead.
How many years of comparable data are there for India and Japan?
41 years are reported by both, from 1991 to 2031.
How do India and Japan rank globally for gross debt, general government, domestic currency?
India ranks 4th and Japan ranks 3rd of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross debt, General government, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Japan: Gross debt, General government, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 07 September 2026, from https://debt.statizoid.com/compare/gross-debt-general-government-domestic-currency-9-26-2025/india/japan/

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About this data

Indicator
Gross debt, General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 992 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.