India recorded a government debt equivalent to 69.62 percent of the country's Gross Domestic Product in the 2019-20 fiscal year. source: Reserve Bank of India
Government Debt to GDP in India averaged 68.26 percent from 1980 until 2019, reaching an all time high of 83.23 percent in 2003 and a record low of 47.94 percent in 1980. This page provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.
Government Debt to GDP in India is expected to reach 85.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Debt to GDP is projected to trend around 84.00 percent in 2022, according to our econometric models.