Debt services ratio in India FY 2015-2024

Published by
Manya Rathore,
Jul 23, 2024

In fiscal year 2024, the debt services ratio in India was about 6.5 percent. This was a slight increase compared to the previous fiscal year, when the ratio stood at nearly 5.3 percent. Debt service ratio refers to the debt service payments (principal and interest) of a country to the export earnings of the country.

Debt services 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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