External Debt / India
India External Debt
India external debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 18.58%.
COUNTRY: India
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-06-13 04:01:56
GM ECONOMY RATING
India · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
73 / 100
Good stability
Fiscal stability
9.1 / 25
Macroeconomic stability
19.0 / 20
External stability
11.0 / 15
Financial robustness
15.0 / 15
Structural stability
10.0 / 15
Future capacity
10.0 / 10
Demographic capacity
2.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
India · external debt data as percent of GDP.
Latest
18.58%
Previous
18.04%
Range avg.
19.83%
Rank
26
Countries by external debt
full rankingGM ECONOMY
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Countries, indicators and comparisons
CountryIndia
IndicatorExternal Debt
18.58%2024 · Rank 26
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
India recorded 18.58% for External Debt in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.54 percentage points, from 18.04% to 18.58%.
The latest observation is below the average of the last 10 available observations (19.83%).
Across the five latest available observations (2020–2024), the pattern is predominantly downward.
Within the last 10 available observations, the low was 18.04% in 2023 and the high was 23.03% in 2015.
Comparison
Related indicators
Current Account BalanceBN.CAB.XOKA.GD.ZS
FDI InflowsBX.KLT.DINV.WD.GD.ZS
Foreign ReservesFI.RES.TOTL.CD
Personal RemittancesBX.TRF.PWKR.DT.GD.ZS