India Government Debt To GDP

India recorded a Government Debt to GDP of 67.57 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in India is reported by the Ministry of Finance, Government of India. From 1991 until 2012, India Government Debt To GDP averaged 74.6 Percent reaching an all time high of 84.3 Percent in December of 2003 and a record low of 67.6 Percent in December of 2012. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
67.57 68.05 84.30 67.57 66.80 | 2014/06 1991 - 2012 Percent Yearly

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India Government Debt To GDP
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 67.57 2012-12-31 68.05 84.30 67.57 66.80 2014-06-30 Percent [+]
Government Budget Value -5992.99 2014-02-28 -5328.42 -94.06 -5992.99 -3558.83 2014-06-30 INR Billion [+]
Government Spending 1907.13 2013-11-15 1503.10 1907.13 735.82 1752.40 2014-06-30 INR Billion [+]
Credit Rating 47.12 [+]
Government Budget -5.30 2012-12-31 -5.80 -2.04 -7.80 -5.25 2014-06-30 Percent of GDP [+]
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Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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