External debt — all countries

External debt — India

External debt in India in 2024 — 716,456,023,890 US$. Ranked 117 in the world out of 118. Since 1970, the indicator has risen by 8,403.8%.

2024 716B US$ +10.64% vs 2023
World rank 117of 118
Period maximum 716B US$2024
Period minimum 8.43B US$1970

Trend over time

1970–2024 · US$

External debt — India, 1970–20240200B400B600B800B19701976198219881994200020062012201820241970: 8,425,121,119 US$1971: 9,328,742,282 US$1972: 10,029,268,977 US$1973: 10,965,917,520 US$1974: 12,696,953,186 US$1975: 13,865,614,019 US$1976: 14,586,390,286 US$1977: 15,414,657,570 US$1978: 16,520,249,175 US$1979: 18,190,384,895 US$1980: 20,723,360,696 US$1981: 22,480,074,709 US$1982: 26,942,860,601 US$1983: 30,649,492,455 US$1984: 32,763,961,315 US$1985: 38,934,813,159 US$1986: 44,909,442,697 US$1987: 53,424,896,489 US$1988: 59,288,500,301 US$1989: 73,721,064,976 US$1990: 83,471,522,909 US$1991: 84,852,336,186 US$1992: 87,775,440,182 US$1993: 91,330,328,768 US$1994: 97,898,626,999 US$1995: 93,808,975,940 US$1996: 93,966,076,366 US$1997: 94,059,291,709 US$1998: 98,333,648,295 US$1999: 99,779,510,346 US$2000: 101,131,491,180 US$2001: 99,500,093,586 US$2002: 105,741,601,402 US$2003: 118,884,622,370 US$2004: 123,644,485,822 US$2005: 121,195,478,445 US$2006: 159,525,518,911 US$2007: 204,057,539,300 US$2008: 227,111,768,435 US$2009: 256,312,241,333 US$2010: 290,427,544,563 US$2011: 334,399,298,473 US$2012: 392,576,050,360 US$2013: 427,245,079,806 US$2014: 457,507,409,077 US$2015: 478,831,010,025 US$2016: 455,541,896,499 US$2017: 511,575,707,374 US$2018: 521,175,685,410 US$2019: 561,017,395,481 US$2020: 564,979,321,177 US$2021: 611,987,174,448 US$2022: 615,514,904,165 US$2023: 647,556,415,556 US$2024: 716,456,023,890 US$
Change over the period: +708B (+8,403.81%) Average annual rate: 8.58 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: India

India 716B US$
South Asia 896B US$
Southern Asia computed 1.04T US$
Lower-middle-income countries computed 2.61T US$
External debt — India, by year India All countries CSV XLSX
Year US$ Change Change, %
2024 716B +68.9B +10.64%
2023 648B +32.04B +5.21%
2022 616B +3.53B +0.58%
2021 612B +47.01B +8.32%
2020 565B +3.96B +0.71%
2019 561B +39.84B +7.64%
2018 521B +9.6B +1.88%
2017 512B +56.03B +12.3%
2016 456B −23.29B −4.86%
2015 479B +21.32B +4.66%
2014 458B +30.26B +7.08%
2013 427B +34.67B +8.83%
2012 393B +58.18B +17.4%
2011 334B +43.97B +15.14%
2010 290B +34.12B +13.31%
2009 256B +29.2B +12.86%
2008 227B +23.05B +11.3%
2007 204B +44.53B +27.92%
2006 160B +38.33B +31.63%
2005 121B −2.45B −1.98%
2004 124B +4.76B +4%
2003 119B +13.14B +12.43%
2002 106B +6.24B +6.27%
2001 99.5B −1.63B −1.61%
2000 101B +1.35B +1.35%
1999 99.78B +1.45B +1.47%
1998 98.33B +4.27B +4.54%
1997 94.06B +93.22M +0.1%
1996 93.97B +157M +0.17%
1995 93.81B −4.09B −4.18%
1994 97.9B +6.57B +7.19%
1993 91.33B +3.55B +4.05%
1992 87.78B +2.92B +3.44%
1991 84.85B +1.38B +1.65%
1990 83.47B +9.75B +13.23%
1989 73.72B +14.43B +24.34%
1988 59.29B +5.86B +10.98%
1987 53.42B +8.52B +18.96%
1986 44.91B +5.97B +15.35%
1985 38.93B +6.17B +18.83%
1984 32.76B +2.11B +6.9%
1983 30.65B +3.71B +13.76%
1982 26.94B +4.46B +19.85%
1981 22.48B +1.76B +8.48%
1980 20.72B +2.53B +13.92%
1979 18.19B +1.67B +10.11%
1978 16.52B +1.11B +7.17%
1977 15.41B +828M +5.68%
1976 14.59B +721M +5.2%
1975 13.87B +1.17B +9.2%
1974 12.7B +1.73B +15.79%
1973 10.97B +937M +9.34%
1972 10.03B +701M +7.51%
1971 9.33B +904M +10.73%
1970 8.43B

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.