Interest payments on external debt; total (INT; US dollar) in India

The Interest payments on external debt; total (INT; US dollar) in India was last reported at 5372532000.00 in 2010, according to a World Bank report released in 2011. The Interest payments on external debt; total (INT; US dollar) in India was 5517807000.00 in 2009, according to a World Bank report, published in 2010. The Interest payments on external debt; total (INT; US dollar) in India was reported at 7278889000.00 in 2008, according to the World Bank. Interest payments are actual amounts of interest paid by the borrower in foreign currency, goods, or services in the year specified. This item includes interest paid on long-term debt, IMF charges, and interest paid on short-term debt. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in foreign currency, goods, or services. Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Interest payments on external debt; total (INT; US dollar) in India. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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