Gross debt, General government, Percent of GDP (Gross Percent GDP) in India
India: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 76.87 in 2030. ▲ Rising
Latest (2030)
76.87
Change on year
down 1.5%
World rank
39th
of 193 countries
All-time high
88.43
in 2020
All-time low
67.11
in 2014
Years of data
39
1992–2030
Gross debt, General government, Percent of GDP in India, 1992–2030
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of gdp in India is 76.87, measured in 2030.
Compared with earlier readings it is down 1.5% on the previous year and down 13.1% over ten years.
Over the whole period, gross debt, general government, percent of gdp in India peaked at 88.43 in 2020 and was at its lowest, 67.11, in 2014.
That places India 39th out of 193 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in India, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 78.76 | — |
| 1993 | 78.33 | -0.6% |
| 1994 | 74.75 | -4.6% |
| 1995 | 70.88 | -5.2% |
| 1996 | 67.13 | -5.3% |
| 1997 | 69.01 | +2.8% |
| 1998 | 69.28 | +0.4% |
| 1999 | 71.27 | +2.9% |
| 2000 | 74.94 | +5.2% |
| 2001 | 80.11 | +6.9% |
| 2002 | 84.3 | +5.2% |
| 2003 | 85.88 | +1.9% |
| 2004 | 84.89 | -1.2% |
| 2005 | 82.38 | -3.0% |
| 2006 | 77.89 | -5.4% |
| 2007 | 75.41 | -3.2% |
| 2008 | 74.34 | -1.4% |
| 2009 | 72.73 | -2.2% |
| 2010 | 67.68 | -7.0% |
| 2011 | 68.7 | +1.5% |
| 2012 | 67.97 | -1.1% |
| 2013 | 67.66 | -0.4% |
| 2014 | 67.11 | -0.8% |
| 2015 | 69.03 | +2.9% |
| 2016 | 68.9 | -0.2% |
| 2017 | 69.67 | +1.1% |
| 2018 | 70.37 | +1.0% |
| 2019 | 75.06 | +6.7% |
| 2020 | 88.43 | +17.8% |
| 2021 | 83.47 | -5.6% |
| 2022 | 82.17 | -1.6% |
| 2023 | 80.72 | -1.8% |
| 2024 | 81.64 | +1.1% |
| 2025 | 81.36 | -0.3% |
| 2026 | 80.76 | -0.7% |
| 2027 | 79.96 | -1.0% |
| 2028 | 79.06 | -1.1% |
| 2029 | 78.06 | -1.3% |
| 2030 | 76.87 | -1.5% |
India compared with similar countries
- India's 76.87 is above the median for lower middle income countries, which is 47.18, 1.6× the median. (46 countries reporting)
- India's 76.87 is below the median for South Asia, which is 84.06, 91% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.43 | 67.13 | 78.76 | 8 |
| 2000s | 79.29 | 72.73 | 85.88 | 10 |
| 2010s | 69.21 | 67.11 | 75.06 | 10 |
| 2020s | 81.56 | 78.06 | 88.43 | 10 |
| 2030s | 76.87 | 76.87 | 76.87 | 1 |
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 gross debt, general government, percent of gdp in India?
- Gross debt, general government, percent of gdp in India was 76.87 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in India?
- The highest recorded value was 88.43 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in India?
- The lowest recorded value was 67.11 in 2014.
- How does India rank for gross debt, general government, percent of gdp?
- India ranks 39th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in India?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October