External debt stocks, public and publicly guaranteed (PPG) (DOD) in India

India: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 11.19 % change on previous year in 2024. ◆ Volatile

Latest (2024)
11.19 % change on previous year
Change on year
up 136.8%
World rank
18th
of 122 countries
All-time high
29.33 % change on previous year
in 1989
All-time low
-22.4 % change on previous year
in 2003
Years of data
54
1971–2024

External debt stocks, public and publicly guaranteed (PPG) (DOD) in India, 1971–2024

-20020197119972024

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

Analysis

India recorded 11.19 % change on previous year for external debt stocks, public and publicly guaranteed (ppg) (dod) in 2024.

The figure is up 136.8% on the previous year and down 56.3% over ten years.

Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in India peaked at 29.33 % change on previous year in 1989 and was at its lowest, -22.4 % change on previous year, in 2003.

India ranks 18th of 122 countries on this measure, in the top quarter.

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

External debt stocks, public and publicly guaranteed (PPG) (DOD) in India, year by year

Annual values for External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), annual growth rate in India, 1971 to 2024.
Year % change on previous year Change
1971 10.8 % change on previous year
1972 7.5 % change on previous year -30.5%
1973 8.3 % change on previous year +10.6%
1974 9.74 % change on previous year +17.4%
1975 8.03 % change on previous year -17.6%
1976 8.31 % change on previous year +3.6%
1977 9.12 % change on previous year +9.8%
1978 6.78 % change on previous year -25.7%
1979 10.54 % change on previous year +55.5%
1980 5.51 % change on previous year -47.8%
1981 1.57 % change on previous year -71.5%
1982 8.74 % change on previous year +457.0%
1983 7.49 % change on previous year -14.2%
1984 8.63 % change on previous year +15.2%
1985 21.73 % change on previous year +151.8%
1986 19.78 % change on previous year -9.0%
1987 23.35 % change on previous year +18.0%
1988 16.18 % change on previous year -30.7%
1989 29.33 % change on previous year +81.3%
1990 12.02 % change on previous year -59.0%
1991 2.79 % change on previous year -76.8%
1992 3.95 % change on previous year +41.8%
1993 7.31 % change on previous year +85.0%
1994 2.64 % change on previous year -63.9%
1995 -4.15 % change on previous year -256.9%
1996 -1.54 % change on previous year -62.8%
1997 0.812 % change on previous year -152.7%
1998 7.79 % change on previous year +859.1%
1999 1.93 % change on previous year -75.3%
2000 -6.61 % change on previous year -442.9%
2001 -2.73 % change on previous year -58.7%
2002 3.89 % change on previous year -242.5%
2003 -22.4 % change on previous year -675.5%
2004 1.9 % change on previous year -108.5%
2005 -15.65 % change on previous year -925.6%
2006 9.72 % change on previous year -162.1%
2007 16.43 % change on previous year +69.1%
2008 9.17 % change on previous year -44.2%
2009 11.76 % change on previous year +28.3%
2010 17.9 % change on previous year +52.2%
2011 7.32 % change on previous year -59.1%
2012 11.09 % change on previous year +51.5%
2013 1.31 % change on previous year -88.2%
2014 25.57 % change on previous year +1856.1%
2015 6.42 % change on previous year -74.9%
2016 -5.73 % change on previous year -189.2%
2017 19.61 % change on previous year -442.3%
2018 -1.35 % change on previous year -106.9%
2019 6.35 % change on previous year -569.1%
2020 0.4156 % change on previous year -93.5%
2021 6.47 % change on previous year +1457.1%
2022 -0.0317 % change on previous year -100.5%
2023 4.72 % change on previous year -15020.1%
2024 11.19 % change on previous year +136.8%

India compared with similar countries

  • India's 11.19 % change on previous year is above the median for lower middle income countries, which is 1.44 % change on previous year, 7.8× the median. (43 countries reporting)
  • India's 11.19 % change on previous year is above the median for South Asia, which is 4.5 % change on previous year, 2.5× the median. (6 countries reporting)

Biggest year-on-year movements

Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) 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.

YearChange FromTo
2023 +15020.1% -0.0317 % change on previous year 4.72 % change on previous year
2014 +1856.1% 1.31 % change on previous year 25.57 % change on previous year
2021 +1457.1% 0.4156 % change on previous year 6.47 % change on previous year
2005 -925.6% 1.9 % change on previous year -15.65 % change on previous year
1998 +859.1% 0.812 % change on previous year 7.79 % change on previous year
2003 -675.5% 3.89 % change on previous year -22.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.79 % change on previous year 6.78 % change on previous year 10.8 % change on previous year 9
1980s 14.23 % change on previous year 1.57 % change on previous year 29.33 % change on previous year 10
1990s 3.36 % change on previous year -4.15 % change on previous year 12.02 % change on previous year 10
2000s 0.5473 % change on previous year -22.4 % change on previous year 16.43 % change on previous year 10
2010s 8.85 % change on previous year -5.73 % change on previous year 25.57 % change on previous year 10
2020s 4.55 % change on previous year -0.0317 % change on previous year 11.19 % change on previous year 5

Countries ranked near India

  1. 15 Saint Lucia 11.87 % change on previous year compare
  2. 16 El Salvador 11.7 % change on previous year compare
  3. 17 Chad 11.2 % change on previous year compare
  4. 19 Philippines 10.42 % change on previous year compare
  5. 20 Republic of Moldova 9.8 % change on previous year compare
  6. 21 Liberia 9.8 % change on previous year compare

See the full ranking of 134 places →

More external debt data for India

All data for India →

Frequently asked questions

What is external debt stocks, public and publicly guaranteed (ppg) (dod) in India?
External debt stocks, public and publicly guaranteed (ppg) (dod) in India was 11.19 % change on previous year in 2024, according to Statizoid (derived).
What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in India?
The highest recorded value was 29.33 % change on previous year in 1989.
What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in India?
The lowest recorded value was -22.4 % change on previous year in 2003.
How does India rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
India ranks 18th out of 122 countries with data for 2024.
Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in India?
Over the last ten years it is down 56.3%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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External debt stocks, public and publicly guaranteed (PPG) (DOD) in India. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://debt.statizoid.com/stat/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us-annual-growth-rate/india/

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How this figure is calculated

The year-on-year percentage change in External debt stocks, public and publicly guaranteed (PPG) (DOD, 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
External debt stocks, public and publicly guaranteed (PPG) (DOD, 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
134 places, 6,316 data points, 1971–2024
Last refreshed

The year-on-year percentage change in External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.