India Public Debt

India Public Debt

Public Debt in India

Public debt in India averaged 74.1% of GDP in the decade to 2022, below the Asia-Pacific average of 86.8% of GDP. In 2022, India's public debt was 81.0% of GDP. For more public debt information, visit our dedicated page.

India Public Debt Chart

Note: This chart displays Public Debt (% of GDP) for India from 2023 to 2013.
Source: IMF.

India Public Debt Data

2018 2019 2020 2021 2022
Public Debt (% of GDP) 70.4 75.0 88.4 83.5 81.7
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Indian public debt projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Indian public debt.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Indian public debt projections.

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