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At end-June 2024, India’s external debt was placed at US$682 billion which is record high. The external debt to GDP ratio declined to 18.8 per cent at end-June 2024 from 21.2 per cent at end-March 2021. [1] The foreign currency reserves is at US$652.9 billion as on 13 December 2024.
Total (gross) government debt as a percent of GDP by IMF in 2024. General government debt in OECD (% of GDP) This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments. [1]: 81 A debt instrument is a financial claim that requires
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
GDP: 3.937 Trillion: Website: www.indiabudget.gov.in ‹ 2024 (Interim) 2025› The 2024 Union Budget of India [1] (ISO: 2024 Ke liye Bhārat Kā Saṅghīya Baja ...
In 2024, China's debt-to-GDP ratio stood at 90.1%. Projections show that this number could reach 111.1% by 2029. ... Where to shop today's best deals: Kate Spade, Amazon, Walmart and more. See all ...
In economics, the debt-to-GDP ratio is the ratio between a country's government debt (measured in units of currency) and its gross domestic product (GDP) (measured in units of currency per year). A low debt-to-GDP ratio indicates that an economy produces goods and services sufficient to pay back debts without incurring further debt. [ 1 ]
In this article we are going to talk about most indebted countries in the world. Click to skip our discussion and jump to the 20 countries with the most debt per capita and the highest debt to GDP ...
In 2018, global government debt reached the equivalent of $66 trillion, or about 80% of global GDP, [18] and by 2020, global government debt reached $87US trillion, or 99% of global GDP. [6] The COVID-19 pandemic caused public debt to soar in 2020, particularly in advanced economies that put in place sweeping fiscal measures.