India recorded a Government Debt to GDP of 89.26 percent of the country's GDP in the 2021-22 fiscal year. source: Reserve Bank of India
Government Debt to GDP in India averaged 69.40 percent of GDP from 1980 until 2021, reaching an all time high of 89.41 percent of GDP in 2020 and a record low of 47.94 percent of GDP in 1980. This page provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Debt to GDP - values, historical data and charts - was last updated on August of 2023.
Government Debt to GDP in India is expected to reach 88.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Debt to GDP is projected to trend around 87.50 percent of GDP in 2024 and 87.00 percent of GDP in 2025, according to our econometric models.