Jun 28, 2025
Historic Debt Of India

📈 India’s External Debt: A 5x Rise in 18 Years
From $139.1B in 2006 to $712.7B in 2024, India’s external debt has climbed steadily — but what’s under the hood tells the real story 👇
🟢 81% is Long-Term Debt
📌 Suggests stability and investor confidence in India’s long-term economic prospects.
🟡 78% is Non-Government Debt
➡️ Corporates & private sector are the major borrowers — not the Indian government.
🔍 Context is Everything:
Yes, debt has surged — but most of it is being used to fund growth, infra, and capacity building. With strong foreign reserves and manageable Debt-to-GDP, India remains in a healthy external position.
👣 Track the growth curve from 2006 to 2024 visually on the slope — and see how India is carrying its debt forward.