India vs Russia: Central government debt, total

India
87.93 trillion current LCU
in 2018
Russia
36.11 trillion current LCU
in 2024
India rank
5th
Russia rank
7th

Central government debt, total over time

  • India
  • Russia
020.0T40.0T60.0T80.0T199020072024

How they compare

India currently reports 87.93 trillion current LCU against 36.11 trillion current LCU in Russia, a difference of 51.81 trillion current LCU.

That makes India's figure about 2.4 times Russia's.

Across all 19 years both countries report, India has been ahead every year.

Globally, India ranks 5th and Russia ranks 7th of 83 countries.

Individual pages

About this data

Indicator
Central government debt, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
83 places, 1,590 data points, 1970–2024
Last refreshed

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.