Outstanding domestic public debt securities to GDP in India

India: Outstanding domestic public debt securities to GDP was 40.3% in 2020. ◆ Volatile

Latest (2020)
40.3%
Change on year
up 25.2%
World rank
17th
of 32 countries
All-time high
40.3%
in 2020
All-time low
0.9%
in 1998
Years of data
23
1998–2020

Outstanding domestic public debt securities to GDP in India, 1998–2020

0102030401998200920201998: 0.861 %1999: 0.972 %2000: 0.88 %2001: 1.1 %2002: 1.4 %2003: 1.3 %2004: 2.4 %2005: 3.2 %2006: 2.3 %2007: 2.6 %2008: 2.5 %2009: 2.2 %2010: 1.7 %2011: 27.6 %2012: 33 %2013: 33.5 %2014: 33.1 %2015: 31 %2016: 33.2 %2017: 32.5 %2018: 31.7 %2019: 32.2 %2020: 40.3 %

Source: Bank for International Settlements (BIS). Measured in %.

Analysis

India recorded 40.3% for outstanding domestic public debt securities to gdp in 2020. That is the highest value across all 23 years on record.

That represents a change of up 25.2% on the previous year and up 2,289.8% over ten years.

Over the whole period, outstanding domestic public debt securities to gdp in India peaked at 40.3% in 2020 and was at its lowest, 0.9%, in 1998.

That places India 17th out of 32 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Outstanding domestic public debt securities to GDP in India, year by year

Annual values for Outstanding domestic public debt securities to GDP (%) in India, 1998 to 2020.
Year % Change
1998 0.9%
1999 1.0% +12.8%
2000 0.9% -9.4%
2001 1.1% +26.4%
2002 1.4% +27.1%
2003 1.3% -8.6%
2004 2.4% +85.2%
2005 3.2% +33.6%
2006 2.3% -26.5%
2007 2.6% +12.5%
2008 2.5% -5.9%
2009 2.2% -13.3%
2010 1.7% -21.9%
2011 27.6% +1539.9%
2012 33.0% +19.4%
2013 33.5% +1.6%
2014 33.1% -1.3%
2015 31.0% -6.2%
2016 33.2% +7.0%
2017 32.5% -2.2%
2018 31.7% -2.3%
2019 32.2% +1.3%
2020 40.3% +25.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9% 0.9% 1.0% 2
2000s 2.0% 0.9% 3.2% 10
2010s 29.0% 1.7% 33.5% 10
2020s 40.3% 40.3% 40.3% 1

Countries ranked near India

  1. 14 Singapore 43.7% compare
  2. 15 Croatia 41.5% compare
  3. 16 Denmark 40.6% compare
  4. 18 Thailand 40.1% compare
  5. 19 Mexico 39.9% compare
  6. 20 Colombia 39.3% compare

See the full ranking of 32 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is outstanding domestic public debt securities to gdp in India?
Outstanding domestic public debt securities to gdp in India was 40.3% in 2020, according to Bank for International Settlements (BIS).
What is the highest outstanding domestic public debt securities to gdp recorded in India?
The highest recorded value was 40.3% in 2020.
What is the lowest outstanding domestic public debt securities to gdp recorded in India?
The lowest recorded value was 0.9% in 1998.
How does India rank for outstanding domestic public debt securities to gdp?
India ranks 17th out of 32 countries with data for 2020.
Is outstanding domestic public debt securities to gdp rising or falling in India?
Over the last ten years it is up 2,289.8%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.

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Outstanding domestic public debt securities to GDP in India. Statizoid, drawing on Bank for International Settlements (BIS). Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/outstanding-domestic-public-debt-securities-to-gdp-percent/india/

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About this data

Indicator
Outstanding domestic public debt securities to GDP (%)
Unit
%
Source
Bank for International Settlements (BIS)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
32 places, 728 data points, 1980–2020
Last refreshed

Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.