Total debt service in India
India: Total debt service was 2.3% in 2023. ▲ Rising
Latest (2023)
2.3%
Change on year
up 15.1%
World rank
87th
of 119 countries
All-time high
4.6%
in 2014
All-time low
0.7%
in 1980
Years of data
54
1970–2023
Total debt service in India, 1970–2023
Source: UNESCO Institute for Statistics. Measured in % of GNI.
Analysis
The most recent figure for total debt service in India is 2.3%, measured in 2023.
Compared with earlier readings it is up 15.1% on the previous year and up 8.5% over ten years.
Over the whole period, total debt service in India peaked at 4.6% in 2014 and was at its lowest, 0.7%, in 1980.
India ranks 87th of 119 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Total debt service in India, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.2% | — |
| 1971 | 0.9% | -60.7% |
| 1972 | 0.9% | +4.6% |
| 1973 | 0.8% | -9.4% |
| 1974 | 0.8% | +0.7% |
| 1975 | 0.9% | +6.6% |
| 1976 | 1.2% | +34.2% |
| 1977 | 1.0% | -14.2% |
| 1978 | 1.0% | -5.7% |
| 1979 | 0.8% | -12.1% |
| 1980 | 0.7% | -10.5% |
| 1981 | 0.8% | +7.1% |
| 1982 | 1.0% | +23.1% |
| 1983 | 1.1% | +15.6% |
| 1984 | 1.4% | +19.3% |
| 1985 | 1.5% | +8.1% |
| 1986 | 2.0% | +36.7% |
| 1987 | 1.9% | -6.0% |
| 1988 | 1.9% | +0.5% |
| 1989 | 2.2% | +17.5% |
| 1990 | 2.4% | +8.8% |
| 1991 | 2.8% | +15.3% |
| 1992 | 2.6% | -8.5% |
| 1993 | 2.9% | +12.4% |
| 1994 | 3.2% | +12.3% |
| 1995 | 3.7% | +14.0% |
| 1996 | 3.0% | -18.4% |
| 1997 | 3.0% | -1.8% |
| 1998 | 2.8% | -4.5% |
| 1999 | 2.2% | -22.7% |
| 2000 | 2.3% | +5.5% |
| 2001 | 2.4% | +6.3% |
| 2002 | 3.0% | +23.5% |
| 2003 | 4.3% | +41.5% |
| 2004 | 2.5% | -41.8% |
| 2005 | 2.9% | +18.1% |
| 2006 | 1.9% | -36.5% |
| 2007 | 3.3% | +74.3% |
| 2008 | 2.6% | -20.1% |
| 2009 | 1.2% | -52.3% |
| 2010 | 1.5% | +18.9% |
| 2011 | 1.6% | +10.0% |
| 2012 | 1.7% | +4.1% |
| 2013 | 2.1% | +25.3% |
| 2014 | 4.6% | +118.0% |
| 2015 | 2.4% | -48.1% |
| 2016 | 3.4% | +42.1% |
| 2017 | 2.0% | -42.4% |
| 2018 | 2.4% | +21.9% |
| 2019 | 1.8% | -23.3% |
| 2020 | 2.9% | +58.6% |
| 2021 | 1.7% | -42.5% |
| 2022 | 2.0% | +19.7% |
| 2023 | 2.3% | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.0% | 0.8% | 2.2% | 10 |
| 1980s | 1.5% | 0.7% | 2.2% | 10 |
| 1990s | 2.9% | 2.2% | 3.7% | 10 |
| 2000s | 2.6% | 1.2% | 4.3% | 10 |
| 2010s | 2.3% | 1.5% | 4.6% | 10 |
| 2020s | 2.2% | 1.7% | 2.9% | 4 |
Countries ranked near India
More population data for India
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1.67 million Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.7665 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7604 % change on previous year (2100)
- Population growth rate -0.512 (2100)
- Population density 506.27 (2100)
- Projected population under age 5 66.77 million (2100)
- Population growth rate by level of development -0.512 (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 0.7662 % change on previous year (2030)
- Fertility and wanted fertility, annual growth rate -0.6582 % change on previous year (2024)
- Refugee population by country or territory of asylum, gaps filled 236,763 (2024)
Frequently asked questions
- What is total debt service in India?
- Total debt service in India was 2.3% in 2023, according to UNESCO Institute for Statistics.
- What is the highest total debt service recorded in India?
- The highest recorded value was 4.6% in 2014.
- What is the lowest total debt service recorded in India?
- The lowest recorded value was 0.7% in 1980.
- How does India rank for total debt service?
- India ranks 87th out of 119 countries with data for 2023.
- Is total debt service rising or falling in India?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release