India - Debt Service 2024
10.49%
+0.33% from 2023
India's debt service was 10.49% in 2024, increased +0.33% from 10.16% in 2023. This was the 43rd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 0.28% | -13.8% |
| 2nd | Somalia, Fed. Rep. | 0.66% | -46.6% |
| 3rd | Algeria | 0.80% | 5.4% |
| 4th | Congo, Democratic Republic of | 1.32% | -19.0% |
| 5th | Djibouti | 2.53% | 54.2% |
| 6th | Guyana | 2.89% | 8.9% |
| 7th | Iraq | 2.96% | -25.9% |
| 8th | Timor-Leste | 3.05% | 48.3% |
| 9th | São Tomé and Principe | 3.47% | -31.7% |
| 10th | Solomon Islands | 3.65% | -25.3% |
| 11th | Guinea | 3.73% | 44.7% |
| 12th | Thailand | 4.68% | -60.8% |
| 13th | Botswana | 4.72% | 28.7% |
| 14th | St. Lucia | 4.75% | 1.8% |
| 15th | Grenada | 4.85% | -26.4% |
| 16th | Mali | 6.16% | 11.2% |
| 17th | Vanuatu | 6.51% | 19.3% |
| 18th | Lesotho | 6.89% | -22.8% |
| 19th | Madagascar | 7.17% | 17.6% |
| 20th | Kosovo | 7.18% | 26.8% |
| 21st | Myanmar | 7.39% | 5.6% |
| 22nd | Belize | 7.67% | 4.4% |
| 23rd | Eswatini | 7.67% | -2.4% |
| 24th | Viet Nam | 7.72% | 2.4% |
| 25th | Rwanda | 7.97% | -48.0% |
| 26th | Albania | 8.01% | -6.3% |
| 27th | Gambia, The | 8.14% | 8.7% |
| 28th | Mauritius | 8.48% | 0.4% |
| 29th | China | 8.59% | -27.4% |
| 30th | Tajikistan | 8.76% | -14.9% |
| 31st | Samoa | 9.03% | -12.7% |
| 32nd | Liberia | 9.15% | -5.1% |
| 33rd | Armenia | 9.17% | -48.5% |
| 34th | Maldives | 9.18% | -9.3% |
| 35th | Ghana | 9.44% | -38.3% |
| 36th | Sierra Leone | 9.49% | -15.6% |
| 37th | Mexico | 9.52% | 16.9% |
| 38th | Fiji | 9.54% | 4.8% |
| 39th | Guatemala | 9.56% | -28.1% |
| 40th | Mauritania | 9.67% | 2.7% |
| 41st | St. Vincent and the Grenadines | 10.09% | -9.1% |
| 42nd | Belarus | 10.47% | -35.1% |
| 43rd | India | 10.49% | 3.3% |
| 44th | Cambodia | 10.54% | 9.2% |
| 45th | Malawi | 10.56% | 8.8% |
| 46th | Bosnia and Herzegovina | 10.84% | -19.9% |
| 47th | Paraguay | 11.06% | 15.6% |
| 48th | Bulgaria | 11.09% | 3.3% |
| 49th | Russian Federation | 11.35% | -10.9% |
| 50th | Azerbaijan | 11.39% | 94.2% |
| 51st | Tanzania | 12.09% | -22.3% |
| 52nd | Nepal | 12.39% | 4.4% |
| 53rd | Cabo Verde | 12.62% | -16.8% |
| 54th | Morocco | 12.93% | 40.4% |
| 55th | Guinea-Bissau | 13.26% | -12.1% |
| 56th | Central African Republic | 13.40% | 32.8% |
| 57th | Congo, Republic of | 13.56% | 2.1% |
| 58th | Burkina Faso | 13.60% | 16.6% |
| 59th | Togo | 13.82% | 24.6% |
| 60th | Uganda | 13.94% | -53.5% |
| 61st | Kyrgyz Republic | 13.95% | -49.1% |
| 62nd | North Macedonia | 14.42% | -15.2% |
| 63rd | Philippines | 14.43% | 17.7% |
| 64th | Bangladesh | 15.77% | 25.2% |
| 65th | Ukraine | 15.83% | 29.7% |
| 66th | South Africa | 16.30% | -1.2% |
| 67th | Bhutan | 16.58% | 6.2% |
| 68th | Moldova | 16.62% | -13.0% |
| 69th | Peru | 17.11% | 0.0% |
| 70th | Comoros | 17.34% | 50.3% |
| 71st | Bolivia, Plurinational State of | 17.79% | 25.2% |
| 72nd | Honduras | 18.12% | 5.9% |
| 73rd | Jordan | 18.15% | 11.8% |
| 74th | Niger | 18.97% | 34.5% |
| 75th | Lao PDR | 19.04% | 48.7% |
| 76th | Serbia | 20.97% | 74.2% |
| 77th | Lebanon | 21.05% | -39.0% |
| 78th | Nicaragua | 21.39% | 3.2% |
| 79th | Ecuador | 21.86% | -4.5% |
| 80th | Nigeria | 21.91% | 42.4% |
| 81st | Dominican Republic | 22.04% | 16.4% |
| 82nd | Tonga | 22.82% | 106.6% |
| 83rd | Türkiye | 23.43% | 12.1% |
| 84th | Sri Lanka | 23.71% | 47.5% |
| 85th | Indonesia | 24.69% | 21.7% |
| 86th | Côte d'Ivoire | 24.73% | 23.3% |
| 87th | Tunisia | 26.17% | 8.5% |
| 88th | Georgia | 26.56% | 27.4% |
| 89th | Brazil | 26.74% | -50.1% |
| 90th | Benin | 26.81% | 48.1% |
| 91st | Kenya | 27.22% | 28.9% |
| 92nd | Angola | 28.91% | -13.6% |
| 93rd | Dominica | 29.42% | 29.3% |
| 94th | Montenegro | 29.80% | 55.7% |
| 95th | Zambia | 30.47% | 270.5% |
| 96th | Jamaica | 31.85% | -16.3% |
| 97th | Mongolia | 32.04% | 1.3% |
| 98th | Uzbekistan | 36.04% | 10.5% |
| 99th | Argentina | 38.25% | -25.5% |
| 100th | Pakistan | 39.54% | -9.3% |
| 101st | Senegal | 41.81% | 38.2% |
| 102nd | Colombia | 43.00% | 17.1% |
| 103rd | Papua New Guinea | 43.34% | 2.6% |
| 104th | Mozambique | 46.51% | 0.8% |
| 105th | Kazakhstan | 48.43% | -3.6% |
| 106th | Egypt, Arab Republic of | 49.23% | 62.0% |
| 107th | Haiti | 63.16% | 892.8% |
| 108th | El Salvador | 96.20% | 15.8% |
FAQ
What was India's debt service in 2024?▾
India's debt service in 2024 was 10.49%. This ranked 43rd globally.
How did India's debt service change in 2024?▾
India's debt service increased by 3.3% in 2024 compared to 2023.
Which country had the highest debt service in 2024?▾
El Salvador had the highest debt service in 2024 at 96.20%.
What is the debt service of India in 2024?▾
The debt service of India in 2024 was 10.49%. This ranked 43rd globally.
How does 2024 compare to 2023 for India's debt service?▾
India's debt service went from 10.16% in 2023 to 10.49% in 2024, a 3.3% increase.
Related
2023
2025
All years
Full ranking 2024
External Debt
External Debt to GNI
Short-term Debt
Domestic Credit
Interest Payments to Revenue
Peak: 1986
Lowest: 2009
Debt Service 1990s
Debt Service 2000s
Debt Service 2010s
Debt Service 2020s
Highest ever
Lowest ever
Average
vs Cambodia
vs Kyrgyz Republic
vs Bangladesh
vs Angola
G20 Debt Service
BRICS+ Debt Service
Shanghai Cooperation Organisation Debt Service
Global Ranking