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India: Government debt

Millions of local currency · 1870–2025 · 155 observations · forecasts to 2031 · govdebt

2025
291 trillionlocal currency
Change on 2024
+7.9%year on year
Average growth, 2015–2025
+12.0%a year

Government debt

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1B10B100B1T10T100T1,000T1875190019251950197520002025IndiaIndia
ForecastLocal currency

Compare with other countries →Definition of Government debt

Recent values

Millions of local currency

YearValue
2031488,768,984Forecast
2030451,319,163Forecast
2029413,326,889Forecast
2028377,985,562Forecast
2027344,955,113Forecast
2026315,946,768Forecast
2025290,871,259
2024269,667,990
2023246,393,577
2022220,949,204
2021196,446,519
2020174,634,559
2019149,695,225
2018131,584,650
2017117,480,538
2016104,369,231

Sources

This series is derived from other GMD variables.

India documentation (PDF)

More for India

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 74 series →

Government debt elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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