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Government debt

India

India. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202584.3%History / IMF estimates
Debt, US$ bn · 20253,295.3History / IMF estimates
Per person, US$ · 20252,251History / IMF estimates
GDP, US$ bn · 20253,909.0History / IMF estimates

What the figures show

History / IMF estimates

India: IMF data and estimates put government debt at 84.3% of GDP in 2025. The derived debt amount is US$ 3,295.3 billion.

  • The debt-to-GDP ratio is 0.5 percentage points below its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 14.6 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time02550751002000200520102015202020252031India · 2000: 74.9% — History / IMF estimatesIndia · 2001: 80.1% — History / IMF estimatesIndia · 2002: 84.3% — History / IMF estimatesIndia · 2003: 85.9% — History / IMF estimatesIndia · 2004: 84.9% — History / IMF estimatesIndia · 2005: 82.4% — History / IMF estimatesIndia · 2006: 77.9% — History / IMF estimatesIndia · 2007: 75.4% — History / IMF estimatesIndia · 2008: 74.3% — History / IMF estimatesIndia · 2009: 72.7% — History / IMF estimatesIndia · 2010: 67.7% — History / IMF estimatesIndia · 2011: 68.7% — History / IMF estimatesIndia · 2012: 68.1% — History / IMF estimatesIndia · 2013: 68.0% — History / IMF estimatesIndia · 2014: 67.6% — History / IMF estimatesIndia · 2015: 69.7% — History / IMF estimatesIndia · 2016: 69.7% — History / IMF estimatesIndia · 2017: 70.7% — History / IMF estimatesIndia · 2018: 71.6% — History / IMF estimatesIndia · 2019: 76.5% — History / IMF estimatesIndia · 2020: 90.4% — History / IMF estimatesIndia · 2021: 85.5% — History / IMF estimatesIndia · 2022: 84.4% — History / IMF estimatesIndia · 2023: 84.7% — History / IMF estimatesIndia · 2024: 84.8% — History / IMF estimatesIndia · 2025: 84.3% — History / IMF estimatesIndia · 2026: 83.1% — IMF estimate / projectionIndia · 2027: 81.3% — IMF projectionIndia · 2028: 79.8% — IMF projectionIndia · 2029: 78.4% — IMF projectionIndia · 2030: 77.0% — IMF projectionIndia · 2031: 75.1% — IMF projection
Chart data table
YearIndia (%)Source
203175.1IMF projection
203077.0IMF projection
202978.4IMF projection
202879.8IMF projection
202781.3IMF projection
202683.1IMF estimate / projection
202584.3History / IMF estimates
202484.8History / IMF estimates
202384.7History / IMF estimates
202284.4History / IMF estimates
202185.5History / IMF estimates
202090.4History / IMF estimates
201976.5History / IMF estimates
201871.6History / IMF estimates
201770.7History / IMF estimates
201669.7History / IMF estimates
201569.7History / IMF estimates
201467.6History / IMF estimates
201368.0History / IMF estimates
201268.1History / IMF estimates
201168.7History / IMF estimates
201067.7History / IMF estimates
200972.7History / IMF estimates
200874.3History / IMF estimates
200775.4History / IMF estimates
200677.9History / IMF estimates
200582.4History / IMF estimates
200484.9History / IMF estimates
200385.9History / IMF estimates
200284.3History / IMF estimates
200180.1History / IMF estimates
200074.9History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data