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India - General government gross debt in current LCU

119,384 (billion LCU) in 2017

In 2017, government debt for India was 119,384 billion LCU. Between 1998 and 2017, government debt of India grew substantially from 12,279 to 119,384 billion LCU rising at an increasing annual rate that reached a maximum of 15.86 % in 2011 and then decreased to 12.59 % in 2017.

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What is government debt?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is India government debt?

Date Value Change, %
2017 119,384 12.59 %
2016 106,038 10.12 %
2015 96,296 13.90 %
2014 84,546 9.79 %
2013 77,004 12.03 %
2012 68,736 12.98 %
2011 60,840 15.86 %
2010 52,510 11.77 %
2009 46,982 11.96 %
2008 41,964 13.67 %
2007 36,918 11.48 %
2006 33,116