Debt service on external debt, public and publicly guaranteed (PPG) in India
India: Debt service on external debt, public and publicly guaranteed (PPG) was 26.79 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
26.79 billion TDS, current US$
Change on year
up 21.1%
World rank
6th
of 122 countries
All-time high
26.79 billion TDS, current US$
in 2024
All-time low
546.18 million TDS, current US$
in 1971
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in India, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in India is 26.79 billion TDS, current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 21.1% on the previous year and up 98.6% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in India peaked at 26.79 billion TDS, current US$ in 2024 and was at its lowest, 546.18 million TDS, current US$, in 1971.
That places India 6th out of 122 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in India, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 1.12 billion TDS, current US$ | — |
| 1971 | 546.18 million TDS, current US$ | -51.4% |
| 1972 | 609.65 million TDS, current US$ | +11.6% |
| 1973 | 647.26 million TDS, current US$ | +6.2% |
| 1974 | 725.15 million TDS, current US$ | +12.0% |
| 1975 | 762.15 million TDS, current US$ | +5.1% |
| 1976 | 759.13 million TDS, current US$ | -0.4% |
| 1977 | 800.26 million TDS, current US$ | +5.4% |
| 1978 | 950.86 million TDS, current US$ | +18.8% |
| 1979 | 1.01 billion TDS, current US$ | +6.6% |
| 1980 | 1.13 billion TDS, current US$ | +11.4% |
| 1981 | 1.17 billion TDS, current US$ | +3.3% |
| 1982 | 1.26 billion TDS, current US$ | +7.8% |
| 1983 | 1.48 billion TDS, current US$ | +17.5% |
| 1984 | 1.52 billion TDS, current US$ | +3.0% |
| 1985 | 1.96 billion TDS, current US$ | +28.7% |
| 1986 | 3.05 billion TDS, current US$ | +55.5% |
| 1987 | 3.02 billion TDS, current US$ | -0.9% |
| 1988 | 3.28 billion TDS, current US$ | +8.4% |
| 1989 | 4.31 billion TDS, current US$ | +31.5% |
| 1990 | 5.50 billion TDS, current US$ | +27.7% |
| 1991 | 5.56 billion TDS, current US$ | +1.1% |
| 1992 | 5.84 billion TDS, current US$ | +5.1% |
| 1993 | 6.52 billion TDS, current US$ | +11.8% |
| 1994 | 8.25 billion TDS, current US$ | +26.4% |
| 1995 | 10.16 billion TDS, current US$ | +23.1% |
| 1996 | 9.70 billion TDS, current US$ | -4.5% |
| 1997 | 10.69 billion TDS, current US$ | +10.3% |
| 1998 | 10.29 billion TDS, current US$ | -3.8% |
| 1999 | 8.00 billion TDS, current US$ | -22.2% |
| 2000 | 9.54 billion TDS, current US$ | +19.2% |
| 2001 | 8.38 billion TDS, current US$ | -12.2% |
| 2002 | 11.86 billion TDS, current US$ | +41.6% |
| 2003 | 18.03 billion TDS, current US$ | +52.0% |
| 2004 | 9.30 billion TDS, current US$ | -48.4% |
| 2005 | 15.49 billion TDS, current US$ | +66.6% |
| 2006 | 6.09 billion TDS, current US$ | -60.7% |
| 2007 | 10.29 billion TDS, current US$ | +69.1% |
| 2008 | 14.97 billion TDS, current US$ | +45.5% |
| 2009 | 6.66 billion TDS, current US$ | -55.5% |
| 2010 | 6.23 billion TDS, current US$ | -6.5% |
| 2011 | 8.03 billion TDS, current US$ | +29.0% |
| 2012 | 7.63 billion TDS, current US$ | -5.0% |
| 2013 | 10.83 billion TDS, current US$ | +42.0% |
| 2014 | 13.49 billion TDS, current US$ | +24.5% |
| 2015 | 13.67 billion TDS, current US$ | +1.4% |
| 2016 | 22.58 billion TDS, current US$ | +65.1% |
| 2017 | 14.13 billion TDS, current US$ | -37.4% |
| 2018 | 23.63 billion TDS, current US$ | +67.2% |
| 2019 | 16.50 billion TDS, current US$ | -30.2% |
| 2020 | 26.00 billion TDS, current US$ | +57.5% |
| 2021 | 16.21 billion TDS, current US$ | -37.7% |
| 2022 | 17.61 billion TDS, current US$ | +8.7% |
| 2023 | 22.13 billion TDS, current US$ | +25.6% |
| 2024 | 26.79 billion TDS, current US$ | +21.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 793.91 million TDS, current US$ | 546.18 million TDS, current US$ | 1.12 billion TDS, current US$ | 10 |
| 1980s | 2.22 billion TDS, current US$ | 1.13 billion TDS, current US$ | 4.31 billion TDS, current US$ | 10 |
| 1990s | 8.05 billion TDS, current US$ | 5.50 billion TDS, current US$ | 10.69 billion TDS, current US$ | 10 |
| 2000s | 11.06 billion TDS, current US$ | 6.09 billion TDS, current US$ | 18.03 billion TDS, current US$ | 10 |
| 2010s | 13.67 billion TDS, current US$ | 6.23 billion TDS, current US$ | 23.63 billion TDS, current US$ | 10 |
| 2020s | 21.75 billion TDS, current US$ | 16.21 billion TDS, current US$ | 26.79 billion TDS, current US$ | 5 |
Countries ranked near India
- 3 Mexico 38.81 billion TDS, current US$ compare
- 4 Indonesia 38.21 billion TDS, current US$ compare
- 5 Türkiye 29.66 billion TDS, current US$ compare
- 7 Egypt 24.27 billion TDS, current US$ compare
- 8 Russian Federation 20.09 billion TDS, current US$ compare
- 9 Colombia 14.87 billion TDS, current US$ compare
More external debt data for India
- IFC, private nonguaranteed 1.60 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.1 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 51.04 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.7% (2024)
- Net financial flows, IDA -2.06 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -1.42 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0005 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 1.88 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 3.1% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in India?
- Debt service on external debt, public and publicly guaranteed (ppg) in India was 26.79 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in India?
- The highest recorded value was 26.79 billion TDS, current US$ in 2024.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in India?
- The lowest recorded value was 546.18 million TDS, current US$ in 1971.
- How does India rank for debt service on external debt, public and publicly guaranteed (ppg)?
- India ranks 6th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in India?
- Over the last ten years it is up 98.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.