Infographic India Better Off Than Major Economies With 67 Govt Debt
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India, with a debt to gdp ratio of 67%, looked to be in a comfortable position compared to its peers in the event of a global economic slide. however, among the brics nations, russia with a 15%. The union government’s debt was ₹155.6 trillion, or 57.1% of gdp, at the end of march 2023, with state governments adding about 28% of gdp to the overall debt burden. india's public debt to gdp ratio slightly increased from 81% in 2005 06 to 84% in 2021 22, and then back to 81% in 2022 23. high interest payments:.
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The u.s. national debt hit $32 trillion in 2023, making up 123% of the country’s gdp. to put it in perspective, two decades ago, the u.s. debt to gdp ratio was less than half of what it is today. nonetheless, it remains below the g7 average of 128%. germany’s ratio of 66% is the lowest in the g7, though it climbed following the covid 19. Ownership of debt. as of march 2023, the share of external debt in central government debt was about 3.5%. the fact that india’s debt is mainly in rupees reduces its currency risk. General government debt stood at 66.4% of gdp in fy2000, and since then, it has been rising. according to a report by motilal oswal financial services, the debt to gdp ratio stood at 75% in fy2020 and is most likely to accelerate. government debt is a combination of liabilities of centres and states. now, the debt ratio is likely to hit a. Today’s visualization comes to us from howmuch and it rolls the world’s countries into a “snowball” of government debt, colored and arranged by debt to gdp ratios. the data itself comes from the imf’s most recent october 2018 update. the structure of the visualization is apt, because debt can accumulate in an unsustainable way if.
![](https://i0.wp.com/sicepat.com/images/image-not-found.png)
General government debt stood at 66.4% of gdp in fy2000, and since then, it has been rising. according to a report by motilal oswal financial services, the debt to gdp ratio stood at 75% in fy2020 and is most likely to accelerate. government debt is a combination of liabilities of centres and states. now, the debt ratio is likely to hit a. Today’s visualization comes to us from howmuch and it rolls the world’s countries into a “snowball” of government debt, colored and arranged by debt to gdp ratios. the data itself comes from the imf’s most recent october 2018 update. the structure of the visualization is apt, because debt can accumulate in an unsustainable way if. India national government debt reached 2,087.7 usd bn in mar 2024, compared with 2,045.2 usd bn in the previous quarter. india national government debt data is updated quarterly, available from dec 1998 to mar 2024. the data reached an all time high of 2,087.7 usd bn in mar 2024 and a record low of 232.8 usd bn in dec 1998. At 5.63 percent, india's fiscal deficit for fy24 was slightly better than the estimated 5.8 percent in the interim union budget. the deficit stood at rs16.53 lakh crore in actual terms.
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