top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What has been in trend in Debt-GDP ratio in India?

+1 vote
What has been in trend in Debt-GDP ratio in India?
posted Jun 28, 2017 by Durga Prasad

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

India recorded a government debt equivalent to 69.50 percent of the country's Gross Domestic Product in 2016. Government Debt to GDP in India averaged 73.42 percent from 1991 until 2016, reaching an all time high of 84.20 percent in 2003 and a record low of 66 percent in 1996.

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

answer Jun 29, 2017 by Mukul Chag