External debt stocks, short-term in India
India: External debt stocks, short-term was 139.57 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
139.57 billion DOD, current US$
Change on year
up 9.8%
World rank
3rd
of 122 countries
All-time high
139.57 billion DOD, current US$
in 2024
All-time low
283.00 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, short-term in India, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, short-term in India stood at 139.57 billion DOD, current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 63.1% over ten years.
Over the whole period, external debt stocks, short-term in India peaked at 139.57 billion DOD, current US$ in 2024 and was at its lowest, 283.00 million DOD, current US$, in 1970.
That places India 3rd out of 122 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in India, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 283.00 million DOD, current US$ | — |
| 1971 | 318.00 million DOD, current US$ | +12.4% |
| 1972 | 350.00 million DOD, current US$ | +10.1% |
| 1973 | 378.00 million DOD, current US$ | +8.0% |
| 1974 | 437.00 million DOD, current US$ | +15.6% |
| 1975 | 473.00 million DOD, current US$ | +8.2% |
| 1976 | 499.00 million DOD, current US$ | +5.5% |
| 1977 | 432.00 million DOD, current US$ | -13.4% |
| 1978 | 651.00 million DOD, current US$ | +50.7% |
| 1979 | 698.00 million DOD, current US$ | +7.2% |
| 1980 | 1.27 billion DOD, current US$ | +82.1% |
| 1981 | 1.60 billion DOD, current US$ | +25.6% |
| 1982 | 2.40 billion DOD, current US$ | +50.1% |
| 1983 | 3.34 billion DOD, current US$ | +39.3% |
| 1984 | 3.67 billion DOD, current US$ | +10.0% |
| 1985 | 4.36 billion DOD, current US$ | +18.7% |
| 1986 | 4.95 billion DOD, current US$ | +13.5% |
| 1987 | 5.67 billion DOD, current US$ | +14.7% |
| 1988 | 6.36 billion DOD, current US$ | +12.1% |
| 1989 | 7.50 billion DOD, current US$ | +18.0% |
| 1990 | 8.54 billion DOD, current US$ | +13.9% |
| 1991 | 7.07 billion DOD, current US$ | -17.3% |
| 1992 | 6.34 billion DOD, current US$ | -10.3% |
| 1993 | 3.63 billion DOD, current US$ | -42.8% |
| 1994 | 4.26 billion DOD, current US$ | +17.6% |
| 1995 | 5.05 billion DOD, current US$ | +18.4% |
| 1996 | 6.73 billion DOD, current US$ | +33.2% |
| 1997 | 5.05 billion DOD, current US$ | -25.0% |
| 1998 | 4.33 billion DOD, current US$ | -14.2% |
| 1999 | 3.93 billion DOD, current US$ | -9.1% |
| 2000 | 3.46 billion DOD, current US$ | -12.0% |
| 2001 | 2.74 billion DOD, current US$ | -20.8% |
| 2002 | 4.09 billion DOD, current US$ | +49.3% |
| 2003 | 6.33 billion DOD, current US$ | +54.6% |
| 2004 | 6.86 billion DOD, current US$ | +8.5% |
| 2005 | 8.82 billion DOD, current US$ | +28.4% |
| 2006 | 25.10 billion DOD, current US$ | +184.7% |
| 2007 | 36.09 billion DOD, current US$ | +43.8% |
| 2008 | 43.82 billion DOD, current US$ | +21.4% |
| 2009 | 46.60 billion DOD, current US$ | +6.3% |
| 2010 | 56.45 billion DOD, current US$ | +21.1% |
| 2011 | 78.05 billion DOD, current US$ | +38.3% |
| 2012 | 93.35 billion DOD, current US$ | +19.6% |
| 2013 | 92.71 billion DOD, current US$ | -0.7% |
| 2014 | 85.57 billion DOD, current US$ | -7.7% |
| 2015 | 81.56 billion DOD, current US$ | -4.7% |
| 2016 | 83.93 billion DOD, current US$ | +2.9% |
| 2017 | 97.61 billion DOD, current US$ | +16.3% |
| 2018 | 103.92 billion DOD, current US$ | +6.5% |
| 2019 | 106.78 billion DOD, current US$ | +2.7% |
| 2020 | 103.53 billion DOD, current US$ | -3.0% |
| 2021 | 114.64 billion DOD, current US$ | +10.7% |
| 2022 | 127.87 billion DOD, current US$ | +11.5% |
| 2023 | 127.09 billion DOD, current US$ | -0.6% |
| 2024 | 139.57 billion DOD, current US$ | +9.8% |
India compared with similar countries
- India's 139.57 billion DOD, current US$ is above the median for lower middle income countries, which is 1.27 billion DOD, current US$, 109.9× the median. (43 countries reporting)
- India's 139.57 billion DOD, current US$ is above the median for South Asia, which is 3.12 billion DOD, current US$, 44.7× the median. (6 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +184.7% | 8.82 billion DOD, current US$ | 25.10 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 451.90 million DOD, current US$ | 283.00 million DOD, current US$ | 698.00 million DOD, current US$ | 10 |
| 1980s | 4.11 billion DOD, current US$ | 1.27 billion DOD, current US$ | 7.50 billion DOD, current US$ | 10 |
| 1990s | 5.49 billion DOD, current US$ | 3.63 billion DOD, current US$ | 8.54 billion DOD, current US$ | 10 |
| 2000s | 18.39 billion DOD, current US$ | 2.74 billion DOD, current US$ | 46.60 billion DOD, current US$ | 10 |
| 2010s | 87.99 billion DOD, current US$ | 56.45 billion DOD, current US$ | 106.78 billion DOD, current US$ | 10 |
| 2020s | 122.54 billion DOD, current US$ | 103.53 billion DOD, current US$ | 139.57 billion DOD, current US$ | 5 |
Countries ranked near India
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 external debt stocks, short-term in India?
- External debt stocks, short-term in India was 139.57 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in India?
- The highest recorded value was 139.57 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, short-term recorded in India?
- The lowest recorded value was 283.00 million DOD, current US$ in 1970.
- How does India rank for external debt stocks, short-term?
- India ranks 3rd out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in India?
- Over the last ten years it is up 63.1%. 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, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.