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Foreign Debt (USD) rose 5.08% to USD 646,787 bil in India in 2023

Foreign Debt (USD) (USD bil), 2023
Economy | India | September 1, 2025
$2.99
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Foreign debt rose 5.08% to USD 646,787 bil in India in 2023, according to the National Statistical Office.

Historically, foreign debt in India reached an all time high of USD 646,787 bil in 2023 and an all time low of USD 8,425 bil in 1970. When compared to India's main peers, foreign debt in Bangladesh amounted to USD 101,447 bil, USD 2,420,211 bil in China, USD 130,847 bil in Pakistan and USD 61,706 bil in Sri Lanka in 2023.

India has been ranked 2nd within the group of 110 countries we follow in terms of foreign debt, 3 places above the position seen 10 years ago.

Foreign Debt (USD) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Afghanistan USD bil ... ... ... 2,752 2,679 2,662 3,040 3,556
Bangladesh USD bil 51,068 57,125 62,468 73,551 91,478
Bhutan USD bil 2,708 2,652 2,804 3,237 3,269
China USD bil 1,710,820 1,961,562 2,114,162 2,326,233 2,724,354
India USD bil 511,576 521,176 561,017 564,979 611,987
Iran USD bil 6,819 5,774 4,855 5,433 10,349
Japan USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Malaysia USD bil ... ... ... ... ... ... ... ...
Maldives USD bil 1,466 2,321 2,675 3,661 4,099
Myanmar USD bil 10,784 10,732 11,182 13,407 13,759
Pakistan USD bil 93,158 100,199 110,178 118,034 130,851
Russia USD bil 519,203 477,785 485,793 460,934 481,418 ... ...
Sri Lanka USD bil 50,767 52,921 56,119 56,875 58,742
USA USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...

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