Debt to GSDP ratio India 2018-2023

Published by Statista Research Department, Feb 1, 2024
In 2023, the debt of states as a share of gross state domestic product (GSDP) was 33.25. There was a 12.5 percent increase in the period between 2018 and 2023. A higher debt-to-GSDP ratio means higher debt obligations for states. The ratio is a fiscal indicator of a state and also its ability to repay debt.

Debt to gross state domestic product (GSDP) ratio in India from 2018 to 2023

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Release date

January 2024

Region

India

Survey time period

2018 to 2023

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