External debt as a share of gni in India
India: External debt as a share of gni was 18.4 in 2023. ▲ Rising
Latest (2023)
18.4
Change on year
down 1.1%
World rank
109th
of 118 countries
All-time high
23.3
in 2013
All-time low
14.88
in 2005
Years of data
24
2000–2023
External debt as a share of gni in India, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in India stood at 18.4.
Compared with earlier readings it is down 1.1% on the previous year and down 21.0% over ten years.
Over the whole period, external debt as a share of gni in India peaked at 23.3 in 2013 and was at its lowest, 14.88, in 2005.
That places India 109th out of 118 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 21.82 | — |
| 2001 | 20.68 | -5.2% |
| 2002 | 20.67 | -0.0% |
| 2003 | 19.71 | -4.6% |
| 2004 | 17.56 | -10.9% |
| 2005 | 14.88 | -15.3% |
| 2006 | 17.1 | +14.9% |
| 2007 | 16.84 | -1.5% |
| 2008 | 19.06 | +13.2% |
| 2009 | 19.22 | +0.8% |
| 2010 | 17.52 | -8.8% |
| 2011 | 18.51 | +5.7% |
| 2012 | 21.74 | +17.5% |
| 2013 | 23.3 | +7.2% |
| 2014 | 22.7 | -2.6% |
| 2015 | 23.03 | +1.5% |
| 2016 | 20.08 | -12.8% |
| 2017 | 19.5 | -2.9% |
| 2018 | 19.49 | -0.1% |
| 2019 | 19.98 | +2.5% |
| 2020 | 21.41 | +7.2% |
| 2021 | 19.55 | -8.7% |
| 2022 | 18.61 | -4.8% |
| 2023 | 18.4 | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.75 | 14.88 | 21.82 | 10 |
| 2010s | 20.59 | 17.52 | 23.3 | 10 |
| 2020s | 19.49 | 18.4 | 21.41 | 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)
- GNI, Atlas method (current US$), annual growth rate 9.05 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,757 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9875 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,669 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.66 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 86.24 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gni in India?
- External debt as a share of gni in India was 18.4 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in India?
- The highest recorded value was 23.3 in 2013.
- What is the lowest external debt as a share of gni recorded in India?
- The lowest recorded value was 14.88 in 2005.
- How does India rank for external debt as a share of gni?
- India ranks 109th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in India?
- Over the last ten years it is down 21.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).