India—Govt Gross Debt (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #41 of 190
Latest Value
80.0%
2027
YoY Change
-1.0%
2026 → 2027
Global Rank
#41
of 190 countries
Maximum
88.4%
2020
Minimum
67.1%
2014
CAGR
+0.2%
28 years
Last
80.0%
Previous
80.8%
Highest
88.4%
Lowest
67.1%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | 80.0% | -1.0% |
| 2026 | 80.8% | -0.7% |
| 2025 | 81.4% | -0.2% |
| 2024 | 81.6% | +1.1% |
| 2023 | 80.7% | -1.8% |
| 2022 | 82.2% | -1.6% |
| 2021 | 83.5% | -5.5% |
| 2020 | 88.4% | +17.7% |
| 2019 | 75.1% | +6.7% |
| 2018 | 70.4% | +1.0% |
| 2017 | 69.7% | +1.2% |
| 2016 | 68.9% | -0.1% |
| 2015 | 69.0% | +2.8% |
| 2014 | 67.1% | -0.9% |
| 2013 | 67.7% | -0.4% |
| 2012 | 68.0% | -1.0% |
| 2011 | 68.7% | +1.5% |
| 2010 | 67.7% | -6.9% |
| 2009 | 72.7% | -2.2% |
| 2008 | 74.3% | -1.5% |
| 2007 | 75.4% | -3.2% |
| 2006 | 77.9% | -5.5% |
| 2005 | 82.4% | -2.9% |
| 2004 | 84.9% | -1.2% |
| 2003 | 85.9% | +1.9% |
| 2002 | 84.3% | +5.2% |
| 2001 | 80.1% | +6.9% |
| 2000 | 74.9% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 80.8% | -0.7% |
| 2027Forecast | 80.0% | -1.0% |
Top Countries — Govt Gross Debt (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Japan | 226.8% | 2026 |
| 2 | Singapore | 176.3% | 2026 |
| 3 | Sudan | 172.4% | 2026 |
| 4 | Venezuela, RB | 164.3% | 2024 |
| 5 | Lebanon | 163.8% | 2024 |
| 6 | Bahrain | 146.4% | 2026 |
| 7 | Greece | 141.9% | 2026 |
| 8 | Italy | 138.3% | 2026 |
| 9 | Maldives | 135.9% | 2026 |
| 10 | United States | 128.7% | 2026 |
About This Indicator
Definition
Total gross government debt as a percentage of GDP. This indicator measures the total outstanding liabilities of the general government sector, including central, state/provincial, and local governments.
Methodology
Government debt includes all liabilities that require payment of interest and/or principal by the debtor in the future. This includes debt securities, loans, and other accounts payable. The IMF follows the Government Finance Statistics Manual (GFSM 2014) framework. Debt is reported on a gross basis (not netted against government assets).
Unit
Percent of GDP