Debt service on external debt, total (TDS, current US$), annual in India

India: Debt service on external debt, total (TDS, current US$), annual was 11.16 % change on previous year in 2024. ◆ Volatile

Latest (2024)
11.16 % change on previous year
Change on year
down 56.2%
World rank
54th
of 121 countries
All-time high
139.56 % change on previous year
in 2014
All-time low
-57.59 % change on previous year
in 1971
Years of data
54
1971–2024

Debt service on external debt, total (TDS, current US$), annual in India, 1971–2024

-50050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

India recorded 11.16 % change on previous year for debt service on external debt, total (tds, current us$), annual in 2024.

Compared with earlier readings it is down 56.2% on the previous year and down 92.0% over ten years.

Over the whole period, debt service on external debt, total (tds, current us$), annual in India peaked at 139.56 % change on previous year in 2014 and was at its lowest, -57.59 % change on previous year, in 1971.

India ranks 54th of 121 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Debt service on external debt, total (TDS, current US$), annual in India, year by year

Annual values for Debt service on external debt, total (TDS, current US$), annual growth rate in India, 1971 to 2024.
Year % change on previous year Change
1971 -57.59 % change on previous year
1972 11.02 % change on previous year -119.1%
1973 8.48 % change on previous year -23.0%
1974 17.37 % change on previous year +104.9%
1975 5.56 % change on previous year -68.0%
1976 40.08 % change on previous year +621.4%
1977 1.53 % change on previous year -96.2%
1978 6.62 % change on previous year +332.8%
1979 -1.84 % change on previous year -127.8%
1980 9.12 % change on previous year -595.6%
1981 10.95 % change on previous year +20.0%
1982 27.27 % change on previous year +149.2%
1983 25.62 % change on previous year -6.1%
1984 15.78 % change on previous year -38.4%
1985 18.55 % change on previous year +17.5%
1986 46.27 % change on previous year +149.5%
1987 5.16 % change on previous year -88.9%
1988 6.48 % change on previous year +25.7%
1989 17.1 % change on previous year +163.9%
1990 17.83 % change on previous year +4.3%
1991 -3.21 % change on previous year -118.0%
1992 -2.36 % change on previous year -26.4%
1993 9.05 % change on previous year -483.5%
1994 31.79 % change on previous year +251.1%
1995 25.71 % change on previous year -19.1%
1996 -10.9 % change on previous year -142.4%
1997 4.02 % change on previous year -136.9%
1998 -3.21 % change on previous year -179.8%
1999 -15.75 % change on previous year +390.5%
2000 7.44 % change on previous year -147.2%
2001 10.34 % change on previous year +39.0%
2002 31.21 % change on previous year +202.0%
2003 66.81 % change on previous year +114.1%
2004 -32.04 % change on previous year -148.0%
2005 36.63 % change on previous year -214.3%
2006 -27.26 % change on previous year -174.4%
2007 126.44 % change on previous year -563.8%
2008 -21.39 % change on previous year -116.9%
2009 -46.65 % change on previous year +118.1%
2010 47.73 % change on previous year -202.3%
2011 19.94 % change on previous year -58.2%
2012 4.05 % change on previous year -79.7%
2013 27.17 % change on previous year +571.5%
2014 139.56 % change on previous year +413.6%
2015 -46.49 % change on previous year -133.3%
2016 55.01 % change on previous year -218.3%
2017 -33.46 % change on previous year -160.8%
2018 24.25 % change on previous year -172.5%
2019 -19.47 % change on previous year -180.3%
2020 48.99 % change on previous year -351.6%
2021 -31.8 % change on previous year -164.9%
2022 26.16 % change on previous year -182.3%
2023 25.44 % change on previous year -2.7%
2024 11.16 % change on previous year -56.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.47 % change on previous year -57.59 % change on previous year 40.08 % change on previous year 9
1980s 18.23 % change on previous year 5.16 % change on previous year 46.27 % change on previous year 10
1990s 5.3 % change on previous year -15.75 % change on previous year 31.79 % change on previous year 10
2000s 15.15 % change on previous year -46.65 % change on previous year 126.44 % change on previous year 10
2010s 21.83 % change on previous year -46.49 % change on previous year 139.56 % change on previous year 10
2020s 15.99 % change on previous year -31.8 % change on previous year 48.99 % change on previous year 5

Countries ranked near India

  1. 51 Fiji 11.7 % change on previous year compare
  2. 52 Saint Vincent and the Grenadines 11.59 % change on previous year compare
  3. 53 Belize 11.44 % change on previous year compare
  4. 55 Botswana 11.01 % change on previous year compare
  5. 56 Madagascar 9.76 % change on previous year compare
  6. 57 Malawi 8.78 % change on previous year compare

See the full ranking of 133 places →

More external debt data for India

All data for India →

Frequently asked questions

What is debt service on external debt, total (tds, current us$), annual in India?
Debt service on external debt, total (tds, current us$), annual in India was 11.16 % change on previous year in 2024, according to Statizoid (derived).
What is the highest debt service on external debt, total (tds, current us$), annual recorded in India?
The highest recorded value was 139.56 % change on previous year in 2014.
What is the lowest debt service on external debt, total (tds, current us$), annual recorded in India?
The lowest recorded value was -57.59 % change on previous year in 1971.
How does India rank for debt service on external debt, total (tds, current us$), annual?
India ranks 54th out of 121 countries with data for 2024.
Is debt service on external debt, total (tds, current us$), annual rising or falling in India?
Over the last ten years it is down 92.0%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Debt service on external debt, total (TDS, current US$), annual in India. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://debt.statizoid.com/stat/debt-service-on-external-debt-total-tds-current-us-annual-growth-rate/india/

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How this figure is calculated

The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Debt service on external debt, total (TDS, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
133 places, 6,266 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.