External debt to GDP ratio in India FY 2015-2024

Published by
Manya Rathore,
Jul 23, 2024

In fiscal year 2024, the external debt to GDP ratio in India was 18.7 percent. This was a slight decrease compared to the previous fiscal year, when the country's external debt to GDP ratio was about 19 percent.

External debt to GDP ratio in India from financial year 2015 to 2023, with an estimate for 2024

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Release date

May 2024

Region

India

Survey time period

FY 2015 to FY 2023

Supplementary notes

*Until December 2023. 

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

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