INDIA'S EXTERNAL DEBT - RUPEES (End-March)

(Rupees Crores)

A. Government
I. Multilateral i) Concessional a) IDA b) Others
Borrowing

Year

1 2 3 4 5 6
2024 651,131 556,039 142,175 138,007 4,168

2023 619,321 521,803 157,806 153,736 4,070

2022 553,581 460,547 161,129 157,206 3,923

2021 508,445 419,319 165,241 161,408 3,833

2020 449,606 362,042 166,300 162,506 3,794

2019 395,885 320,336 160,421 157,188 3,233

2018 371,781 304,595 164,002 160,970 3,032

2017 354,118 288,246 156,726 154,050 2,676

2016 359,490 294,122 166,506 163,772 2,734

2015 328,148 269,431 154,581 152,171 2,410

2014 321,560 268,491 163,589 161,165 2,424

2013 279,310 235,670 143,130 141,119 2,011

2012 257,088 222,579 138,691 136,816 1,875

2011 216,672 190,326 120,653 119,068 1,585

2010 193,436 170,722 116,046 114,552 1,494

2009 201,425 181,997 127,771 126,127 1,644

2008 157,901 144,627 107,395 105,947 1,448

2007 154,053 141,746 108,448 107,019 1,429

2006 145,503 133,800 105,852 104,457 1,395

2005 138,897 127,782 105,114 103,671 1,443

2004 131,105 120,073 101,490 100,065 1,425

2003 142,683 129,727 102,559 101,122 1,437

2002 155,633 138,023 96,177 94,848 1,329

2001 145,105 127,886 89,008 87,753 1,255

2000 137,132 120,321 84,051 82,721 1,330

1999 129,682 114,531 78,979 77,725 1,254

1998 116,904 104,218 70,560 69,392 1,168

1997 105,066 94,824 63,418 62,343 1,075

1996 98,173 89,428 60,425 59,349 1,076

1995 89,819 82,223 55,963 54,897 1,066

1994 82,199 75,617 50,250 49,238 1,012

1993 77,758 72,286 48,206 47,167 1,039

1992 68,262 63,787 40,990 40,017 973

1991 40,386 38,429 25,849 25,221 628

IDBs : India Development Bonds
FCCBs : Foreign Currency Convertible Bonds
IFC(W) : International Finance Corporation (Washington)
FC(B&O) : Foreign Currency (Banks & Others) Deposits

Note : 1. Other concessional multilateral Government borrowing refers to debt outstanding to Institutions like IFAD, OPEC & EEC (SAC).
2. Multilateral non-concessional Government/ public sector/ financial institutions other borrowings refers to debt outstanding against loans from ADB.
3. Securitised commercial borrowings (inclu. IDBs and FCCBs) includes net Investment by 100% Fll debt funds, Resurgent India Bonds (RIBs) and India Millenium Deposits (IMDs).
4. Rupee debt refers to debt owed to Russia denominated in Rupees and converted at current exchange rates, payable in exports.
5. Civillian's rupee debt includes Supplier’s credit from end-March 1990 onwards.
6. Short-term debt does not include suppliers’ credit of up to180 days from 1994 till 2004.
7. Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under IDA loans for Pre-1971 credits.
8. Debt- service ratio from the year 1992 - 93 includes the revised private transfer contra-entry on account of gold and silver imports.

Source : External Debt Management Unit, Ministry of Finance and Reserve Bank of India.
 B. Non-government
ii) Non-concessional a) IBRD b) Others i) Concessional ii) Non-concessional
Borrowing

7 8 9 10 11 12
413,865 156,760 257,104 95,092 0 95,092

363,996 135,746 228,251 97,518 0 97,518

299,418 113,578 185,840 93,034 0 93,034

254,077 99,216 154,862 89,126 0 89,126

195,742 82,796 112,946 87,564 0 87,564

159,915 67,248 92,667 75,549 0 75,549

140,593 61,663 78,930 67,186 0 67,186

131,519 60,667 70,852 65,872 0 65,872

127,616 61,553 66,063 65,368 0 65,368

114,850 57,107 57,743 58,717 0 58,717

104,902 53,433 51,469 53,069 0 53,069

92,540 48,239 44,301 43,640 0 43,640

83,888 45,328 38,560 34,509 0 34,509

69,673 39,218 30,455 26,346 0 26,346

54,676 28,874 25,802 22,714 0 22,714

54,226 29,948 24,278 19,428 0 19,428

37,232 22,631 14,601 13,274 0 13,274

33,298 21,864 11,434 12,307 0 12,307

27,948 19,626 8,322 11,703 0 11,703

22,668 16,500 6,168 11,115 0 11,115

18,583 14,074 4,509 11,032 0 11,032

27,168 19,069 8,099 12,956 0 12,956

41,846 28,012 13,834 17,610 0 17,610

38,878 26,376 12,502 17,219 0 17,219

36,270 25,343 10,927 16,811 0 16,811

35,552 25,747 9,805 15,151 0 15,151

33,658 25,438 8,220 12,686 0 12,686

31,406 24,354 7,052 10,242 0 10,242

29,003 23,721 5,282 8,745 0 8,745

26,260 22,442 3,818 7,596 0 7,596

25,367 22,518 2,849 6,582 0 6,582

24,080 21,602 2,478 5,472 0 5,472

22,797 21,134 1,663 4,475 0 4,475

12,580 12,161 419 1,957 0 1,957

Millenium Deposits (IMDs).
a) Public Sector IBRD Others b) Financial Institutions IBRD Others

13 14 15 16 17 18
49,254 24,779 24,475 35,855 8,359 27,496

50,016 24,088 25,928 36,921 8,702 28,219

49,113 23,190 25,923 32,995 8,518 24,478

48,303 21,900 26,404 30,051 7,885 22,167

46,430 21,544 24,886 30,689 8,609 22,080

39,072 18,652 20,419 32,602 8,449 24,152

33,715 16,935 16,780 30,245 7,418 22,826

32,123 16,625 15,498 29,829 7,276 22,553

35,409 17,005 18,404 25,190 5,984 19,206

31,385 15,674 15,711 21,859 3,709 18,150

28,105 14,412 13,693 18,881 3,820 15,061

23,414 12,749 10,664 14,370 2,973 11,397

19,407 11,092 8,315 10,290 2,707 7,583

15,802 9,193 6,609 7,511 1,899 5,612

14,919 8,544 6,375 5,385 1,343 4,042

14,298 7,105 7,193 3,721 744 2,977

10,352 4,690 5,662 2,350 593 1,757

9,315 4,550 4,765 2,414 655 1,759

8,510 4,594 3,916 2,628 630 1,998

8,000 4,462 3,538 2,789 252 2,537

7,916 4,402 3,514 2,902 381 2,521

9,255 4,378 4,877 3,177 525 2,652

12,729 7,298 5,431 3,736 1,049 2,687

12,386 7,114 5,272 3,368 1,017 2,351

12,183 6,931 5,252 3,099 999 2,100

10,716 6,349 4,367 2,723 1,057 1,666

8,765 5,217 3,548 2,171 1,011 1,160

4,738 3,341 1,397 2,391 1,618 773

4,628 2,942 1,686 2,464 1,643 821

3,248 2,013 1,235 2,559 1,605 954

2,786 2,158 628 2,718 1,667 1,051

1,777 1,300 477 2,883 1,791 1,092

1,424 962 462 2,345 1,720 625

303 303 0 1,270 872 398

 A. Government
c) Private Sector IBRD Others II. Bilateral i) Concessional
Borrowing

19 20 21 22 23 24
9,983 0 9,983 293,609 239,668 239,668

10,582 0 10,582 283,832 226,725 226,725

10,926 0 10,926 246,839 197,997 197,997

10,771 0 10,771 226,034 179,101 179,101

10,444 0 10,444 210,194 167,494 167,494

3,876 0 3,876 183,742 141,410 141,410

3,226 0 3,226 164,788 128,945 128,945

3,920 0 3,920 150,808 109,742 109,742

4,769 0 4,769 149,378 102,925 102,925

5,473 0 5,473 136,060 88,452 88,452

6,083 0 6,083 148,813 96,918 96,918

5,856 0 5,856 136,329 88,007 88,007

4,812 0 4,812 137,086 91,641 91,641

3,033 0 3,033 114,905 80,406 80,406

2,410 0 2,410 101,976 71,584 71,584

1,409 0 1,409 104,997 74,662 74,662

572 0 572 78,802 59,391 59,391

578 0 578 70,034 53,810 53,810

565 0 565 70,302 54,593 54,468

326 0 326 74,530 57,458 57,207

214 0 214 77,084 58,121 57,742

524 298 226 79,921 60,243 59,688

1,145 929 216 74,762 56,302 55,418

1,465 1,148 317 74,519 56,802 55,504

1,529 1,173 356 79,278 60,920 59,380

1,712 1,312 400 74,304 57,106 56,425

1,750 1,321 429 67,104 51,420 50,583

3,113 1,639 1,474 62,891 49,092 48,165

1,653 1,244 409 65,740 53,119 52,078

1,789 1,610 179 63,761 52,965 52,965

1,078 953 125 54,580 45,387 45,387

812 709 103 50,258 42,220 42,220

706 628 78 47,603 40,371 40,371

384 330 54 27,378 23,065 23,065

 B. Non-government
ii) Non-concessional i) Concessional a) Public Sector b) Financial Institutions c) Private Sector
Borrowing

25 26 27 28 29 30
0 53,941 24,362 20,581 3,781 0

0 57,107 27,681 23,049 4,631 0

0 48,841 24,501 19,833 4,669 0

0 46,933 25,069 19,265 5,804 0

0 42,700 24,776 18,751 6,025 0

0 42,332 17,389 12,182 5,207 0

0 35,843 12,973 7,600 5,373 0

0 41,066 11,988 6,758 5,230 0

0 46,453 11,892 9,052 2,840 0

0 47,608 10,080 7,546 2,534 0

0 51,895 10,318 7,763 2,555 0

0 48,322 8,435 5,916 2,519 0

 0 45,445 7,648 4,963 2,685 0

0 34,499 4,101 1,621 2,480 0

0 30,392 3,169 1,121 2,048 0

0 30,335 3,262 1,156 2,106 0

0 19,411 1,737 1,226 511 0

0 16,224 1,727 1,241 486 0

125 15,709 6,949 5,285 1,664 0

251 17,072 7,471 5,653 1,818 0

379 18,963 8,876 5,759 3,117 0

555 19,678 8,013 5,152 2,861 0

884 18,460 6,885 4,278 2,607 0

1,298 17,717 5,579 2,962 2,617 0

1,540 18,358 4,022 1,488 2,534 0

681 17,198 2,738 526 2,212 0

837 15,684 1,770 192 1,578 0

927 13,799 3,409 1,054 2,355 0

1,041 12,621 3,088 376 2,712 0

0 10,796 1,896 654 1,242 0

0 9,193 1,453 190 1,263 0

0 8,038 1,243 0 1,243 0

0 7,232 928 0 928 0

0 4,313 514 0 514 0

 III. International Monetary
ii) Non-concessional a) Public Sector b) Financial Institutions c) Private Sector IV. Trade Credit
Fund

31 32 33 34 35 36
29,579 6,132 9,423 14,024 182,587 24,331

29,426 7,098 8,895 13,434 183,021 24,027

24,340 6,523 6,247 11,570 173,415 25,438

21,864 5,565 5,667 10,632 41,442 46,085

17,924 3,879 2,274 11,771 40,931 51,530

24,943 9,784 2,444 12,715 38,202 53,542

22,871 8,519 2,530 11,822 37,716 61,676

29,077 9,478 3,169 16,430 35,129 62,426

34,560 10,938 3,029 20,594 37,177 70,001

37,528 11,561 3,323 22,644 34,350 78,915

41,577 13,374 4,361 23,842 36,910 93,275

39,887 13,010 4,206 22,671 32,439 96,556

37,797 14,200 3,886 19,711 31,528 97,117

30,398 13,789 3,754 12,855 28,163 83,112

27,223 13,845 3,436 9,942 27,264 76,011

27,073 15,076 4,311 7,686 5,188 73,772

17,674 10,097 3,735 3,842 4,479 41,296

14,497 7,420 3,828 3,249 4,484 31,237

8,760 3,628 2,386 2,746 4,378 24,175

9,601 4,353 2,847 2,401 4,503 21,976

10,087 4,851 3,119 2,117 4,381 20,553

11,665 5,116 3,571 2,978 0 23,750

11,575 4,822 3,708 3,045 0 26,110

12,138 3,715 3,568 4,855 0 27,625

14,336 4,752 4,151 5,433 113 29,564

14,460 5,197 4,363 4,900 1,218 28,812

13,914 5,360 4,216 4,338 2,622 25,783

10,390 5,216 2,436 2,738 4,714 21,044

9,533 5,602 2,197 1,734 8,152 18,432

8,900 6,120 1,883 897 13,545 20,876

7,740 5,475 1,718 547 15,812 16,307

6,795 4,726 1,571 498 14,985 13,484

6,304 4,472 1,236 596 8,934 12,418

3,799 2,957 527 315 5,132 8,374

 c) Export credit
d) Export credit for a) Commercial bank
a) Buyers credit b) Suppliers credit component of bilateral V. Commercial Borrowing
defence purposes loans
credit

37 38 39 40 41 42
16,410 7,921 0 0 2,087,495 968,492

17,734 6,293 0 0 1,816,835 874,073

19,465 5,973 0 0 1,710,032 789,056

23,645 6,866 15,574 0 1,590,938 749,568

29,825 7,141 14,565 0 1,653,677 822,697

34,377 6,868 12,297 0 1,423,574 654,234

43,699 6,764 11,213 0 1,312,723 550,788

46,790 6,094 9,543 0 1,115,514 567,286

54,963 6,088 8,950 0 1,197,176 647,311

66,006 5,217 7,692 0 1,128,501 635,246

80,069 4,779 8,427 0 897,744 582,644

84,667 4,236 7,653 0 762,128 454,450

85,896 3,252 7,969 0 614,623 373,194

73,273 2,847 6,992 0 448,448 261,678

66,849 2,937 6,225 0 319,221 202,350

64,046 3,234 6,492 0 318,209 219,925

33,134 2,998 5,164 0 249,243 160,577

23,617 2,941 4,679 0 180,669 107,145

16,088 3,351 4,736 0 117,991 73,508

13,040 3,961 4,975 0 115,533 62,896

11,061 4,471 5,021 0 95,611 50,346

13,421 5,139 5,190 0 106,843 46,929

16,147 5,144 4,819 0 113,908 48,683

17,336 5,401 4,828 60 113,839 46,169

18,734 5,582 5,165 83 86,963 44,015

18,097 5,532 4,905 278 89,019 43,892

15,433 5,453 4,399 498 67,086 39,419

11,184 4,791 4,189 880 51,454 29,968

7,216 5,382 4,529 1,305 47,642 23,120

6,227 6,432 4,604 3,613 40,915 18,384

5,474 4,129 3,947 2,757 38,782 18,694

3,989 2,050 3,671 3,774 36,367 20,156

3,566 1,380 2,428 5,044 35,711 20,933

2,230 933 1,390 3,821 19,727 13,200

 c) Loans/securitized
b) Securitized
borrowings, etc., with
borrowings (inclu. IDBs d) Self liquidating loans VI. Non-resident Deposits VII. Rupee Debt a) Defence
multilateral/bilateral
and FCCBs)
guarantee and IFC(W)

43 44 45 46 47 48
1,117,648 1,355 0 1,266,272 7,100 6,730

941,018 1,743 0 1,141,818 6,687 6,289

919,154 1,822 0 1,059,041 7,279 6,853

839,371 1,998 0 1,027,382 7,162 6,708

828,839 2,140 0 977,309 7,704 7,223

767,266 2,074 0 902,152 8,007 7,498

759,701 2,234 0 820,737 7,886 7,350

545,906 2,323 0 757,751 7,962 7,398

547,465 2,400 0 841,956 8,479 7,887

490,895 2,360 0 720,997 9,426 8,807

313,416 1,684 0 624,101 8,826 8,179

306,070 1,608 0 385,202 6,839 6,164

238,849 2,580 0 299,840 6,922 6,220

183,504 3,266 0 230,812 7,147 6,416

113,177 3,694 0 217,062 7,480 6,709

91,286 6,998 0 210,118 7,760 6,935

82,641 6,025 0 174,623 8,065 7,172

68,020 5,504 0 179,786 8,508 7,533

41,112 3,371 0 161,834 9,184 8,112

48,992 3,645 0 143,267 10,071 8,887

41,567 3,698 0 135,618 11,856 10,539

57,495 2,419 0 110,022 13,405 11,946

62,714 2,511 0 83,712 14,807 13,198

64,769 2,901 0 77,273 17,345 15,573

39,564 3,271 113 59,120 19,218 17,290

41,464 3,430 233 50,048 20,077 18,004

23,786 3,451 430 47,050 23,204 20,976

17,320 3,521 645 39,527 26,978 24,590

19,790 3,050 1,682 37,802 28,150 25,602

16,935 2,998 2,598 39,006 30,315 27,603

16,557 2,430 1,101 39,729 31,634 28,735

13,990 2,105 116 34,941 33,149 30,177

13,219 1,512 47 27,384 31,956 28,796

5,840 687 0 20,030 25,199 22,875

 VIII. Total Long-term Debt a) Non-resident deposits
b) Civilian IX. Short-term Debt b) Trade-related credits 1) Above 180 days
(I to VII) (up to 1 year maturity)

49 50 51 52 53 54
370 4,512,525 1,021,537 0 983,827 480,836

398 4,075,540 1,055,491 0 1,018,650 499,899

426 3,775,625 922,484 0 889,665 364,620

453 3,447,487 743,002 0 714,863 344,758

481 3,390,952 805,779 0 764,291 389,010

509 3,005,104 749,924 0 708,379 362,982

536 2,777,308 664,575 0 652,969 431,225

564 2,483,708 571,387 0 560,781 364,104

592 2,663,657 553,906 0 530,806 339,674

619 2,436,397 535,144 0 510,938 334,267

647 2,131,229 550,985 0 491,271 330,500

675 1,698,803 525,931 0 472,026 321,010

 702 1,444,205 399,962 0 333,202 200,454

731 1,129,258 290,149 0 261,006 157,806

771 942,450 236,188 0 214,267 126,391

825 921,469 220,656 0 203,345 118,936

893 714,409 182,881 0 167,540 91,502

975 628,771 122,631 0 113,256 52,188

1,072 533,367 87,155 0 86,531 38,788

1,184 508,777 77,528 0 71,173 32,922

1,317 476,208 19,251 1,321 17,930 17,930

1,459 476,624 22,180 9,320 12,860 12,860

1,609 468,932 13,396 4,724 8,672 8,672

1,772 455,706 16,919 4,463 12,456 12,456

1,928 411,388 17,162 5,983 11,179 11,179

2,073 393,160 18,137 8,852 9,285 9,285

2,228 349,753 19,929 8,657 11,272 11,272

2,388 311,674 24,153 13,547 10,606 10,606

2,548 304,091 16,637 9,896 6,741 6,741

2,712 298,237 13,448 7,176 6,272 6,272

2,899 279,043 11,375 4,078 5,625 5,625

2,972 260,942 19,804 8,131 9,240 3,639

3,160 232,268 20,642 6,517 13,201 8,463

2,324 146,226 16,775 7,018 9,429 4,453

 d) Investments in
c) FII investments on
treasury bills by foreign e) External Debt
2) Up to 180 days government treasury bills i) Central Bank ii) Commercial Banks
central banks and Liabilities of (i+ii)
and other instruments
international institutions

55 56 57 58 59 60
502,991 11,674 1,785 24,251 1,747 22,504

518,751 16,426 1,879 18,535 1,102 17,433

525,045 15,927 1,940 14,953 574 14,379

370,106 12,474 1,955 13,710 1,282 12,429

375,281 13,061 1,822 26,605 1,357 25,248

345,397 12,003 1,820 27,721 1,529 26,193

221,744 580 1,791 9,234 1,782 7,453

196,677 260 1,577 8,768 1,575 7,194

191,132 132 1,576 21,392 1,197 20,195

176,671 7,307 714 16,186 939 15,247

160,771 33,686 572 25,456 892 24,564

151,016 29,671 447 23,787 985 22,802

132,748 48,066 326 18,368 871 17,497

103,200 24,214 225 4,704 693 4,011

87,876 15,153 467 6,301 3,139 3,162

84,409 10,522 534 6,255 3,892 2,363

76,038 2,603 620 12,118 4,458 7,660

61,068 1,732 712 6,931 2,185 4,746

47,743 624 0 0 0 0

38,251 6,355 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

5,601 0 0 0 0 0

4,738 0 0 0 0 0

4,976 0 0 0 0 0
X. Gross External Debt Concessional Debt as % Short-term Debt as % of
Debt to GDP Ratio (%) Debt Service Ratio (%)
Position of Total Debt Total Debt

61 62 63 64 65
5,534,062 7.5 18.5 18.7 6.7

5,131,031 8.2 20.6 19.0 5.3

4,698,109 8.3 19.7 19.9 5.2

4,190,490 9.0 17.6 21.1 8.2

4,196,731 8.8 19.1 20.9 6.5

3,755,028 8.7 20.0 19.9 6.4

3,441,883 9.1 19.3 20.1 7.5

3,055,095 9.4 18.7 19.8 8.3

3,217,563 9.0 17.2 23.4 8.8

2,971,542 8.8 18.0 23.8 7.6

2,682,214 10.4 20.5 23.9 5.9

2,224,734 11.1 23.6 22.4 5.9

1,844,167 13.3 21.7 21.1 6.0

1,419,407 14.9 20.4 18.6 4.4

1,178,638 16.8 20.1 18.5 5.8

1,142,125 18.7 19.3 20.7 4.4

897,290 19.7 20.4 18.3 4.8

751,402 23.0 16.3 17.7 4.7

620,522 28.4 14.0 17.1 10.1

586,305 30.7 13.2 18.4 5.9

495,459 35.8 3.9 17.7 16.1

498,804 36.8 4.5 20.0 16.0

482,328 35.9 2.8 20.8 13.7

472,625 35.4 3.6 22.1 16.6

428,550 38.9 4.0 22.0 17.1

411,297 38.5 4.4 23.6 18.7

369,682 39.5 5.4 24.3 19.5

335,827 42.2 7.2 24.6 23.0

320,728 44.7 5.4 27.0 26.2

311,685 45.3 4.3 30.8 25.9

290,418 44.4 3.9 33.8 25.4

280,746 44.5 7.0 37.5 27.5

252,910 44.8 8.3 38.7 30.2

163,001 45.9 10.2 28.7 35.3