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Gross debt in India

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in India in the period from 1998 to 2020 was between 231.2 billion and 1,472.1 billion USD. The highest level of the last years at 1,472 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is in India a debt of 1,067 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.


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Gross debt of the last 22 years in billion USD




YearIndia totalIndia per capitaEU per capita
1998231.24 bn USD227 USD12,387 USD
1999239.66 bn USD231 USD12,342 USD
2000260.41 bn USD246 USD9,877 USD
2001276.75 bn USD257 USD9,894 USD
2002308.05 bn USD282 USD10,773 USD
2003347.70 bn USD313 USD13,433 USD
2004390.98 bn USD346 USD15,459 USD
2005428.08 bn USD373 USD16,095 USD
2006461.57 bn USD396 USD16,570 USD
2007577.16 bn USD488 USD18,334 USD
2008569.43 bn USD474 USD21,119 USD
2009662.29 bn USD544 USD22,222 USD
2010749.73 bn USD607 USD26,496 USD
2011834.48 bn USD667 USD29,231 USD
2012860.67 bn USD680 USD28,064 USD
2013872.32 bn USD681 USD29,836 USD
2014938.52 bn USD724 USD30,512 USD
2015962.89 bn USD735 USD25,813 USD
20161,044.88 bn USD789 USD26,165 USD
20171,173.88 bn USD877 USD26,931 USD
20181,192.75 bn USD882 USD28,362 USD
20191,324.35 bn USD969 USD27,095 USD
20201,472.05 bn USD1,067 USD30,780 USD


Comparison of the gross debt per capita with the European Union in Euro



      India       European Union


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