India - General government gross debt in % of GDP

84.2 (%) in 2021

In 2021, government debt (% of GDP) for India was 84.2 %. Though India government debt (% of GDP) fluctuated substantially in recent years, it tended to decrease through 2002 - 2021 period ending at 84.2 % in 2021.

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What is government debt (% of GDP)?

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).

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What is India government debt (% of GDP)?