Multilateral debt service in India
India: Multilateral debt service was 39.1% in 2024. ▲ Rising
Multilateral debt service in India, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in India stood at 39.1%.
That represents a change of up 1.2% on the previous year and up 73.2% over ten years.
Over the whole period, multilateral debt service in India peaked at 50.6% in 2002 and was at its lowest, 9.1%, in 2005.
India ranks 57th of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Multilateral debt service in India, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 13.0% | — |
| 1971 | 16.7% | +29.0% |
| 1972 | 15.7% | -5.8% |
| 1973 | 15.5% | -1.8% |
| 1974 | 14.5% | -6.3% |
| 1975 | 14.8% | +1.8% |
| 1976 | 15.5% | +4.7% |
| 1977 | 17.2% | +11.0% |
| 1978 | 15.9% | -7.6% |
| 1979 | 14.7% | -7.5% |
| 1980 | 13.6% | -7.0% |
| 1981 | 12.5% | -8.5% |
| 1982 | 12.7% | +2.0% |
| 1983 | 12.9% | +1.4% |
| 1984 | 14.7% | +14.1% |
| 1985 | 13.5% | -8.5% |
| 1986 | 11.6% | -14.1% |
| 1987 | 18.0% | +55.0% |
| 1988 | 15.3% | -15.0% |
| 1989 | 15.7% | +2.7% |
| 1990 | 16.3% | +4.3% |
| 1991 | 19.3% | +18.4% |
| 1992 | 22.5% | +16.2% |
| 1993 | 23.6% | +5.0% |
| 1994 | 20.7% | -12.3% |
| 1995 | 20.9% | +0.9% |
| 1996 | 18.9% | -9.2% |
| 1997 | 17.2% | -9.4% |
| 1998 | 18.7% | +9.2% |
| 1999 | 25.9% | +38.2% |
| 2000 | 23.9% | -7.6% |
| 2001 | 26.2% | +9.5% |
| 2002 | 50.6% | +93.2% |
| 2003 | 35.6% | -29.6% |
| 2004 | 26.7% | -25.0% |
| 2005 | 9.1% | -66.1% |
| 2006 | 29.5% | +225.7% |
| 2007 | 19.2% | -34.9% |
| 2008 | 13.9% | -27.4% |
| 2009 | 30.5% | +118.6% |
| 2010 | 32.4% | +6.3% |
| 2011 | 28.2% | -12.8% |
| 2012 | 32.0% | +13.5% |
| 2013 | 25.1% | -21.6% |
| 2014 | 22.5% | -10.2% |
| 2015 | 25.6% | +13.5% |
| 2016 | 17.7% | -30.7% |
| 2017 | 29.8% | +68.0% |
| 2018 | 19.8% | -33.5% |
| 2019 | 33.0% | +66.7% |
| 2020 | 19.5% | -40.9% |
| 2021 | 29.7% | +52.3% |
| 2022 | 30.7% | +3.3% |
| 2023 | 38.6% | +25.9% |
| 2024 | 39.1% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.3% | 13.0% | 17.2% | 10 |
| 1980s | 14.0% | 11.6% | 18.0% | 10 |
| 1990s | 20.4% | 16.3% | 25.9% | 10 |
| 2000s | 26.5% | 9.1% | 50.6% | 10 |
| 2010s | 26.6% | 17.7% | 33.0% | 10 |
| 2020s | 31.5% | 19.5% | 39.1% | 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 multilateral debt service in India?
- Multilateral debt service in India was 39.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in India?
- The highest recorded value was 50.6% in 2002.
- What is the lowest multilateral debt service recorded in India?
- The lowest recorded value was 9.1% in 2005.
- How does India rank for multilateral debt service?
- India ranks 57th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in India?
- Over the last ten years it is up 73.2%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.