Interest payments in India
India: Interest payments was 23.2% in 2022. ▲ Rising
Interest payments in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in India is 23.2%, measured in 2022.
The figure is up 19.4% over ten years.
Over the whole period, interest payments in India peaked at 29.6% in 2000 and was at its lowest, 11.2%, in 1975.
That places India 9th out of 152 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.1% | 11.2% | 13.2% | 6 |
| 1980s | 17.1% | 13.1% | 21.0% | 10 |
| 1990s | 26.7% | 22.4% | 29.5% | 10 |
| 2000s | 24.8% | 19.4% | 29.6% | 10 |
| 2010s | 19.7% | 18.2% | 21.2% | 9 |
| 2020s | 23.2% | 23.2% | 23.2% | 1 |
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)
- Other taxes 1.0% (2022)
- Compensation of employees 12.1% (2022)
Frequently asked questions
- What is interest payments in India?
- Interest payments in India was 23.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in India?
- The highest recorded value was 29.6% in 2000.
- What is the lowest interest payments recorded in India?
- The lowest recorded value was 11.2% in 1975.
- How does India rank for interest payments?
- India ranks 9th out of 152 countries with data for 2022.
- Is interest payments rising or falling in India?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.