Central government debt, total in India
India: Central government debt, total was 87.93 trillion current LCU in 2018. ◆ Volatile
Central government debt, total in India, 1990–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for central government debt, total in India is 87.93 trillion current LCU, measured in 2018. That is the highest value across all 29 years on record.
That represents a change of up 8.1% on the previous year and up 178.3% over ten years.
Over the whole period, central government debt, total in India peaked at 87.93 trillion current LCU in 2018 and was at its lowest, 2.93 trillion current LCU, in 1990.
India ranks 5th of 83 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.87 trillion current LCU | 2.93 trillion current LCU | 10.21 trillion current LCU | 10 |
| 2000s | 22.13 trillion current LCU | 11.77 trillion current LCU | 35.18 trillion current LCU | 10 |
| 2010s | 62.77 trillion current LCU | 39.39 trillion current LCU | 87.93 trillion current LCU | 9 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Tax revenue 6.9% (2022)
- Taxes on income, profits and capital gains 34.8% (2022)
- Taxes on goods and services 32.6% (2022)
- Net investment in nonfinancial assets 0.9% (2022)
- Net lending (+) / net borrowing (-) -5.3% (2022)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
Frequently asked questions
- What is central government debt, total in India?
- Central government debt, total in India was 87.93 trillion current LCU in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in India?
- The highest recorded value was 87.93 trillion current LCU in 2018.
- What is the lowest central government debt, total recorded in India?
- The lowest recorded value was 2.93 trillion current LCU in 1990.
- How does India rank for central government debt, total?
- India ranks 5th out of 83 countries with data for 2018.
- Is central government debt, total rising or falling in India?
- Over the last ten years it is up 178.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
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.