India recorded a Government Debt to GDP of 81.92 percent of the country's Gross Domestic Product in the 2024-25 fiscal year. Government Debt to GDP in India averaged 70.14 percent of GDP from 1980 until 2024, reaching an all time high of 89.24 percent of GDP in 2020 and a record low of 47.94 percent of GDP in 1980. source: Reserve Bank of India
Government Debt to GDP in India is expected to reach 82.30 percent of GDP by the end of 2026, 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 83.00 percent of GDP in 2027 and 83.40 percent of GDP in 2028, according to our econometric models.