Fiatmap

MacroIndia

Government debt in India

How indebted is the state my taxes would go to?

India's government debt is 84.10 % — #97 of 124 countries on the atlas (lower is better). Period 2025.

84.10%

Checked 8 Sept 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.8 years' worth of the country's entire economic output.

Government debt in India over time

90.60 %78.85 %67.10 %90.60 % · 202067.10 % · 19961991: 76.70 %1992: 78.80 %1993: 78.30 %1994: 74.80 %1995: 70.90 %1996: 67.10 %1997: 69.00 %1998: 69.30 %1999: 71.30 %2000: 74.90 %2001: 80.10 %2002: 84.30 %2003: 85.90 %2004: 84.90 %2005: 82.40 %2006: 77.90 %2007: 75.40 %2008: 74.30 %2009: 72.70 %2010: 67.70 %2011: 68.70 %2012: 68.10 %2013: 68.00 %2014: 67.60 %2015: 69.80 %2016: 69.80 %2017: 70.80 %2018: 71.70 %2019: 76.70 %2020: 90.60 %2021: 85.70 %2022: 84.60 %2023: 85.00 %2024: 84.80 %2025: 84.10 %19912008202584.10 %
35 official observations, 1991 → 2025. Every point is a published value — never interpolated.
Rank
#97 of 124
lower is better
Ranked behind
22 %
27 of 124 countries
Latest move
▼ 0.70 pp
since 2024
Below its peak
6.50 pp
peak 90.60 % in 2020
Full series
▲ 7.40 pp
since 1991

In Asia: #31 of 37vs median 54.55 %: +29.55 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %India: ahead of 22 % of the 124 countries with a published government debtIndia 84.10 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. India is ahead of 22 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs India
95 Tunisia81.30 %−2.80 pp
96 Jordan82.80 %−1.30 pp
97 India84.10 %—
98 Trinidad and Tobago84.20 %+0.10 pp
99 Bolivia84.80 %+0.70 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about India

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare India with another country →Everything about India →
Did this answer your question?