Multilateral debt service (TDS, current US$) in India
India: Multilateral debt service (TDS, current US$) was 10.46 billion TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in India, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, multilateral debt service in India stood at 10.46 billion TDS, current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 22.5% on the previous year and up 244.0% over ten years.
Over the whole period, multilateral debt service in India peaked at 10.46 billion TDS, current US$ in 2024 and was at its lowest, 91.31 million TDS, current US$, in 1971.
India ranks 1st of 123 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service (TDS, current US$) in India, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 145.74 million TDS, current US$ | — |
| 1971 | 91.31 million TDS, current US$ | -37.3% |
| 1972 | 96.01 million TDS, current US$ | +5.1% |
| 1973 | 100.08 million TDS, current US$ | +4.2% |
| 1974 | 105.12 million TDS, current US$ | +5.0% |
| 1975 | 112.52 million TDS, current US$ | +7.0% |
| 1976 | 117.34 million TDS, current US$ | +4.3% |
| 1977 | 137.35 million TDS, current US$ | +17.1% |
| 1978 | 150.72 million TDS, current US$ | +9.7% |
| 1979 | 148.68 million TDS, current US$ | -1.4% |
| 1980 | 154.11 million TDS, current US$ | +3.6% |
| 1981 | 145.62 million TDS, current US$ | -5.5% |
| 1982 | 160.19 million TDS, current US$ | +10.0% |
| 1983 | 191.01 million TDS, current US$ | +19.2% |
| 1984 | 224.45 million TDS, current US$ | +17.5% |
| 1985 | 264.41 million TDS, current US$ | +17.8% |
| 1986 | 352.99 million TDS, current US$ | +33.5% |
| 1987 | 542.26 million TDS, current US$ | +53.6% |
| 1988 | 499.88 million TDS, current US$ | -7.8% |
| 1989 | 674.80 million TDS, current US$ | +35.0% |
| 1990 | 898.83 million TDS, current US$ | +33.2% |
| 1991 | 1.08 billion TDS, current US$ | +19.6% |
| 1992 | 1.31 billion TDS, current US$ | +22.0% |
| 1993 | 1.54 billion TDS, current US$ | +17.3% |
| 1994 | 1.71 billion TDS, current US$ | +10.8% |
| 1995 | 2.12 billion TDS, current US$ | +24.3% |
| 1996 | 1.84 billion TDS, current US$ | -13.3% |
| 1997 | 1.84 billion TDS, current US$ | -0.1% |
| 1998 | 1.93 billion TDS, current US$ | +5.1% |
| 1999 | 2.07 billion TDS, current US$ | +7.5% |
| 2000 | 2.28 billion TDS, current US$ | +10.1% |
| 2001 | 2.19 billion TDS, current US$ | -3.9% |
| 2002 | 6.00 billion TDS, current US$ | +173.6% |
| 2003 | 6.42 billion TDS, current US$ | +7.0% |
| 2004 | 2.48 billion TDS, current US$ | -61.3% |
| 2005 | 1.40 billion TDS, current US$ | -43.5% |
| 2006 | 1.79 billion TDS, current US$ | +28.0% |
| 2007 | 1.97 billion TDS, current US$ | +10.0% |
| 2008 | 2.09 billion TDS, current US$ | +5.7% |
| 2009 | 2.03 billion TDS, current US$ | -2.8% |
| 2010 | 2.02 billion TDS, current US$ | -0.6% |
| 2011 | 2.27 billion TDS, current US$ | +12.5% |
| 2012 | 2.45 billion TDS, current US$ | +7.8% |
| 2013 | 2.72 billion TDS, current US$ | +11.3% |
| 2014 | 3.04 billion TDS, current US$ | +11.8% |
| 2015 | 3.50 billion TDS, current US$ | +15.1% |
| 2016 | 4.00 billion TDS, current US$ | +14.4% |
| 2017 | 4.21 billion TDS, current US$ | +5.2% |
| 2018 | 4.68 billion TDS, current US$ | +11.1% |
| 2019 | 5.45 billion TDS, current US$ | +16.4% |
| 2020 | 5.07 billion TDS, current US$ | -7.0% |
| 2021 | 4.81 billion TDS, current US$ | -5.1% |
| 2022 | 5.40 billion TDS, current US$ | +12.3% |
| 2023 | 8.54 billion TDS, current US$ | +58.1% |
| 2024 | 10.46 billion TDS, current US$ | +22.5% |
India compared with similar countries
- India's 10.46 billion TDS, current US$ is above the median for lower middle income countries, which is 200.14 million TDS, current US$, 52.3× the median. (43 countries reporting)
- India's 10.46 billion TDS, current US$ is above the median for South Asia, which is 670.18 million TDS, current US$, 15.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (TDS, current US$) 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 |
|---|---|---|---|
| 2002 | +173.6% | 2.19 billion TDS, current US$ | 6.00 billion TDS, current US$ |
| 2004 | -61.3% | 6.42 billion TDS, current US$ | 2.48 billion TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 120.49 million TDS, current US$ | 91.31 million TDS, current US$ | 150.72 million TDS, current US$ | 10 |
| 1980s | 320.97 million TDS, current US$ | 145.62 million TDS, current US$ | 674.80 million TDS, current US$ | 10 |
| 1990s | 1.63 billion TDS, current US$ | 898.83 million TDS, current US$ | 2.12 billion TDS, current US$ | 10 |
| 2000s | 2.87 billion TDS, current US$ | 1.40 billion TDS, current US$ | 6.42 billion TDS, current US$ | 10 |
| 2010s | 3.43 billion TDS, current US$ | 2.02 billion TDS, current US$ | 5.45 billion TDS, current US$ | 10 |
| 2020s | 6.86 billion TDS, current US$ | 4.81 billion TDS, current US$ | 10.46 billion TDS, 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 multilateral debt service in India?
- Multilateral debt service in India was 10.46 billion TDS, current US$ 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 10.46 billion TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in India?
- The lowest recorded value was 91.31 million TDS, current US$ in 1971.
- How does India rank for multilateral debt service?
- India ranks 1st 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 244.0%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.