How much external debt does India have?
RBI · released 29 Jun 2026 · next due by 30 Jun 2027
| Period | Value (US$ bn) |
|---|---|
| Mar 2026 | 762.8 |
| Mar 2025 | 736.4 |
| Mar 2024 | 668.9 |
| Mar 2023 | 623.9 |
| Mar 2022 | 618.8 |
| Mar 2021 | 573.4 |
| Mar 2020 | 558.3 |
| Mar 2019 | 543.1 |
| Mar 2018 | 529.3 |
| Mar 2017 | 471.0 |
| Mar 2016 | 484.8 |
| Mar 2015 | 474.7 |
| Mar 2014 | 446.2 |
| Mar 2013 | 409.4 |
| Mar 2012 | 360.8 |
Use in your answer
India's external debt stood at US$ 762.8 bn at the end of Mar 2026, compared with US$ 736.4 bn at the end of Mar 2025. Source: RBI press release of 29 June 2026, India's External Debt as at the end of March 2026; RBI, Handbook of Statistics on the Indian Economy 2025-26, Table 145.
Cite as: India's External Debt (quarterly); Handbook of Statistics on the Indian Economy 2025-26, Table 145 (RBI), Mar 2026
What this shows
- External debt was US$ 762.8 billion at end-March 2026, US$ 26.3 billion more than a year earlier; it rose to 20.8% of GDP from 19.8%.
- Valuation effects from the US dollar's appreciation amounted to US$ 24.6 billion: excluding them, external debt would have risen by US$ 51.0 billion rather than US$ 26.3 billion.
- Short-term debt (original maturity) was 19.6% of the total and 21.6% of foreign exchange reserves; US dollar debt made up 55.5% of the total and rupee debt 29.4%.
Cite this
Cite a fixed version from every published version below.
Source and method
What exactly is measured
India's gross external debt at the end of March each year, in US dollars: what residents (government, banks, companies and others) owe to non-residents, compiled by the RBI and the Ministry of Finance. The latest year is provisional.
History: every published version
Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.
No figure in this series has been revised since we began recording on 18 Oct 2026.
- 15 periods, latest Mar 2026: US$ 762.8 bn · first snapshotArchived source
83767c9d6f0b
Release notes (1)
- US$ 762.8 bnEnd-March 2026, provisional (20.8% of GDP); end-March 2025 partially revised to US$ 736.4 bn
Get the data
Use it in Excel, Python or R
Excel (Data → From Web): https://india.tf/c/trd-extdebt-044/data.csv
Python: pandas.read_csv("https://india.tf/c/trd-extdebt-044/data.csv")
R: read.csv("https://india.tf/c/trd-extdebt-044/data.csv")
All statistics: /api/index.json. Free to reuse with attribution (RBI website terms of use).
