Debt service as a share of exports of good and services in India
India: Debt service as a share of exports of good and services was 2.8% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in India, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
India recorded 2.8% for debt service as a share of exports of good and services in 2023.
The figure is up 25.3% on the previous year and up 24.8% over ten years.
Over the whole period, debt service as a share of exports of good and services in India peaked at 20.4% in 2003 and was at its lowest, 1.7%, in 2012.
India ranks 100th of 116 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in India, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 15.4% | — |
| 2001 | 12.8% | -16.8% |
| 2002 | 16.1% | +25.8% |
| 2003 | 20.4% | +27.0% |
| 2004 | 7.7% | -62.2% |
| 2005 | 9.7% | +25.5% |
| 2006 | 3.0% | -68.6% |
| 2007 | 4.1% | +34.5% |
| 2008 | 4.7% | +14.2% |
| 2009 | 2.4% | -48.0% |
| 2010 | 1.7% | -28.4% |
| 2011 | 1.8% | +1.1% |
| 2012 | 1.7% | -4.5% |
| 2013 | 2.3% | +34.5% |
| 2014 | 2.7% | +19.9% |
| 2015 | 3.1% | +14.0% |
| 2016 | 5.1% | +63.8% |
| 2017 | 2.8% | -45.1% |
| 2018 | 4.2% | +52.2% |
| 2019 | 2.9% | -31.2% |
| 2020 | 5.1% | +76.3% |
| 2021 | 2.4% | -52.6% |
| 2022 | 2.2% | -7.4% |
| 2023 | 2.8% | +25.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.6% | 2.4% | 20.4% | 10 |
| 2010s | 2.8% | 1.7% | 5.1% | 10 |
| 2020s | 3.2% | 2.2% | 5.1% | 4 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 1.21 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1457 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 393.78 current US$ per person (2025)
- General government final consumption expenditure (current US$) 6.13 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1077 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 291.04 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 9.58 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 9.4 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in India?
- Debt service as a share of exports of good and services in India was 2.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in India?
- The highest recorded value was 20.4% in 2003.
- What is the lowest debt service as a share of exports of good and services recorded in India?
- The lowest recorded value was 1.7% in 2012.
- How does India rank for debt service as a share of exports of good and services?
- India ranks 100th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in India?
- Over the last ten years it is up 24.8%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).