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India: Central government debt (% of GDP)

Percent of GDP · 1841–2024 · 183 observations · cgovdebt_GDP

2024
53.8%percent of GDP
Change on 2023
−1.2 pointsfrom 55.0%
Average, 2015–2024
49.9%10 years
Record high and low
60.9% (2002)low 8.55% (1864)

Central government debt (% of GDP)

Report error
0%10%20%30%40%50%60%70%1850187519001925195019752000IndiaIndia
Percent of GDP

Compare with other countries →Definition of Central government debt (% of GDP)

Recent values

Percent of GDP

YearValue
202453.8
202355.0
202254.5
202154.4
202055.0
201946.7
201844.1
201744.3
201645.5
201545.8

Sources

  • Reinhart & Rogoff1841–2010
  • IMF Global Debt Database1950–2024
  • WDI (archive)1974–1997
  • World Development Indicators1990–2018

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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