External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in India
India: External debt stocks, private nonguaranteed (PNG) (DOD, current US$) was 337.18 billion DOD, current US$ in 2025. ◆ Volatile
Latest (2025)
337.18 billion DOD, current US$
Change on year
up 6.6%
World rank
2nd
of 98 countries
All-time high
337.18 billion DOD, current US$
in 2025
All-time low
100.00 million DOD, current US$
in 1970
Years of data
56
1970–2025
External debt stocks, private nonguaranteed (PNG) in India, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
India recorded 337.18 billion DOD, current US$ for external debt stocks, private nonguaranteed (png) in 2025. That is the highest value across all 56 years on record.
That represents a change of up 6.6% on the previous year and up 47.0% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in India peaked at 337.18 billion DOD, current US$ in 2025 and was at its lowest, 100.00 million DOD, current US$, in 1970.
That places India 2nd out of 98 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in India, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 100.00 million DOD, current US$ | — |
| 1971 | 100.00 million DOD, current US$ | +0.0% |
| 1972 | 100.00 million DOD, current US$ | +0.0% |
| 1973 | 139.10 million DOD, current US$ | +39.1% |
| 1974 | 267.00 million DOD, current US$ | +91.9% |
| 1975 | 277.00 million DOD, current US$ | +3.7% |
| 1976 | 295.00 million DOD, current US$ | +6.5% |
| 1977 | 295.00 million DOD, current US$ | +0.0% |
| 1978 | 348.00 million DOD, current US$ | +18.0% |
| 1979 | 335.00 million DOD, current US$ | -3.7% |
| 1980 | 336.00 million DOD, current US$ | +0.3% |
| 1981 | 873.00 million DOD, current US$ | +159.8% |
| 1982 | 1.03 billion DOD, current US$ | +17.9% |
| 1983 | 1.19 billion DOD, current US$ | +15.2% |
| 1984 | 1.34 billion DOD, current US$ | +13.2% |
| 1985 | 1.50 billion DOD, current US$ | +11.6% |
| 1986 | 1.39 billion DOD, current US$ | -7.3% |
| 1987 | 1.65 billion DOD, current US$ | +19.0% |
| 1988 | 1.47 billion DOD, current US$ | -10.8% |
| 1989 | 1.55 billion DOD, current US$ | +5.3% |
| 1990 | 1.49 billion DOD, current US$ | -4.1% |
| 1991 | 1.55 billion DOD, current US$ | +3.9% |
| 1992 | 1.20 billion DOD, current US$ | -22.0% |
| 1993 | 1.77 billion DOD, current US$ | +46.9% |
| 1994 | 6.43 billion DOD, current US$ | +263.1% |
| 1995 | 6.62 billion DOD, current US$ | +3.0% |
| 1996 | 7.38 billion DOD, current US$ | +11.5% |
| 1997 | 9.21 billion DOD, current US$ | +24.7% |
| 1998 | 8.41 billion DOD, current US$ | -8.7% |
| 1999 | 7.94 billion DOD, current US$ | -5.5% |
| 2000 | 15.59 billion DOD, current US$ | +96.2% |
| 2001 | 16.92 billion DOD, current US$ | +8.6% |
| 2002 | 18.67 billion DOD, current US$ | +10.3% |
| 2003 | 47.87 billion DOD, current US$ | +156.4% |
| 2004 | 50.84 billion DOD, current US$ | +6.2% |
| 2005 | 56.68 billion DOD, current US$ | +11.5% |
| 2006 | 73.36 billion DOD, current US$ | +29.4% |
| 2007 | 96.98 billion DOD, current US$ | +32.2% |
| 2008 | 105.92 billion DOD, current US$ | +9.2% |
| 2009 | 118.18 billion DOD, current US$ | +11.6% |
| 2010 | 127.29 billion DOD, current US$ | +7.7% |
| 2011 | 142.31 billion DOD, current US$ | +11.8% |
| 2012 | 173.22 billion DOD, current US$ | +21.7% |
| 2013 | 206.95 billion DOD, current US$ | +19.5% |
| 2014 | 213.65 billion DOD, current US$ | +3.2% |
| 2015 | 229.44 billion DOD, current US$ | +7.4% |
| 2016 | 213.25 billion DOD, current US$ | -7.1% |
| 2017 | 225.28 billion DOD, current US$ | +5.6% |
| 2018 | 231.18 billion DOD, current US$ | +2.6% |
| 2019 | 256.73 billion DOD, current US$ | +11.1% |
| 2020 | 262.91 billion DOD, current US$ | +2.4% |
| 2021 | 268.90 billion DOD, current US$ | +2.3% |
| 2022 | 260.40 billion DOD, current US$ | -3.2% |
| 2023 | 283.35 billion DOD, current US$ | +8.8% |
| 2024 | 316.36 billion DOD, current US$ | +11.6% |
| 2025 | 337.18 billion DOD, current US$ | +6.6% |
India compared with similar countries
- India's 337.18 billion DOD, current US$ is above the median for lower middle income countries, which is 2.86 billion DOD, current US$, 117.8× the median. (36 countries reporting)
- India's 337.18 billion DOD, current US$ is above the median for South Asia, which is 4.46 billion DOD, current US$, 75.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +263.1% | 1.77 billion DOD, current US$ | 6.43 billion DOD, current US$ |
| 1981 | +159.8% | 336.00 million DOD, current US$ | 873.00 million DOD, current US$ |
| 2003 | +156.4% | 18.67 billion DOD, current US$ | 47.87 billion DOD, current US$ |
| 2000 | +96.2% | 7.94 billion DOD, current US$ | 15.59 billion DOD, current US$ |
| 1974 | +91.9% | 139.10 million DOD, current US$ | 267.00 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 225.61 million DOD, current US$ | 100.00 million DOD, current US$ | 348.00 million DOD, current US$ | 10 |
| 1980s | 1.23 billion DOD, current US$ | 336.00 million DOD, current US$ | 1.65 billion DOD, current US$ | 10 |
| 1990s | 5.20 billion DOD, current US$ | 1.20 billion DOD, current US$ | 9.21 billion DOD, current US$ | 10 |
| 2000s | 60.10 billion DOD, current US$ | 15.59 billion DOD, current US$ | 118.18 billion DOD, current US$ | 10 |
| 2010s | 201.93 billion DOD, current US$ | 127.29 billion DOD, current US$ | 256.73 billion DOD, current US$ | 10 |
| 2020s | 288.18 billion DOD, current US$ | 260.40 billion DOD, current US$ | 337.18 billion DOD, current US$ | 6 |
Countries ranked near India
More external debt data for India
- Net financial flows, IBRD -778.70 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -611.93 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 22.66 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 252.90 billion DOD, current US$ (2025)
- External debt stocks, long-term 590.08 billion DOD, current US$ (2025)
Frequently asked questions
- What is external debt stocks, private nonguaranteed (png) in India?
- External debt stocks, private nonguaranteed (png) in India was 337.18 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in India?
- The highest recorded value was 337.18 billion DOD, current US$ in 2025.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in India?
- The lowest recorded value was 100.00 million DOD, current US$ in 1970.
- How does India rank for external debt stocks, private nonguaranteed (png)?
- India ranks 2nd out of 98 countries with data for 2025.
- Is external debt stocks, private nonguaranteed (png) rising or falling in India?
- Over the last ten years it is up 47.0%. 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 External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.