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 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |