India's External Debt

India's external debt rises to $736 billion, 19.1% of GDP, says RBI

Short-term debt to total debt ratio dips to 18.3

India's external debt increases 10.7% to $717.9 billion at Dec-end

India's external debt increased by 10.7 per cent to USD 717.9 billion at the end of December 2024 from USD 648.7 billion in December 2023, as per the data released by the finance ministry. On a quarter-on-quarter basis, there is a 0.7 per cent increase in external debt from the level of USD 712.7 billion at the end of September 2024, according to India's Quarterly External Debt Report. The external debt to GDP ratio stood at 19.1 per cent at the end of December 2024, against 19 per cent in September 2024, it said. The valuation effect is due to the appreciation of the US dollar vis-a-vis the rupee and other major currencies, such as the yen, the euro and Special Drawing Rights (SDR), amounting to USD 12.7 billion during the quarter ended December 2024, the report said. Excluding the valuation effect, the increase in external debt would have been USD 17.9 billion quarter-on-quarter against USD 5.2 billion at the end of December 2024 over September 2024, it added. "US dollar-denomin

Palm oil imports to drop to 5-year low in Jan due to losses: Report

The thin lineup of vessels carrying palm oil at key ports such as Kandla, Haldia, and Krishnapatnam over the next two weeks suggests imports could drop to about 370,000 metric tons in Jan

External debt rises to $711.8 billion as of Sep, 4.3% up from June: FinMin

India's external debt rose to USD 711.8 billion as of September this year, up 4.3 per cent over June 2024, as per the data released by the Finance Ministry. At the end of September 2023, the external debt stood at USD 637.1 billion. In September 2024, India's external debt was placed at USD 711.8 billion, recording an increase of USD 29.6 billion over its level at June-end 2024, India's Quarterly External Debt Report said. The external debt to GDP ratio stood at 19.4 per cent in September 2024 against 18.8 per cent as of June 2024, it added. "The US dollar-denominated debt remained the largest component of India's external debt with a share of 53.4 per cent at end-September 2024, followed by Indian Rupee (31.2 per cent), Japanese Yen (6.6 per cent), SDR (5.0 per cent) and Euro (3.0 per cent)," it said. The outstanding external debt of the general government as well as the non-government sector increased at September-end 2024 over the June 2024 level, it noted. Loans were the larg

India's external debt rises by $31 bn to $647 bn in 2023: World Bank report

India's total external debt has increased by USD 31 billion to USD 646.79 billion in 2023, according to World Bank International Debt Report. The report further said that interest payment increased from USD 15.08 billion in 2022 to USD 22.54 billion in 2023. While the long-term debt stocks have risen 7 per cent to USD 498 billion in 2023, short-term debt stocks declined marginally to USD 126.32 billion in 2023. According to the report, external debt stock as percentage of exports was 80 per cent, while debt servicing was 10 per cent of exports in 2023. The World Bank International Debt Report, 2024, further said that net debt inflows during the year worked out to be USD 33.42 billion, while the net equity inflows was higher at USD 46.94 billion in 2023.

India's external debt rises to $663.8 bn; debt to GDP ratio falls: RBI

At end-March 2024, India's external debt was placed at $ 663.8 billion, an increase of $ 39.7 billion over its level at end-March 2023, according to RBI

Developing countries spent record $443.5 bn to service public debts in 2022

In its latest International Debt Report, the bank said the debt-service payments - including principal and interest - rose 5% to a record $443.5 billion from a year earlier

India's external debt at $629.1 bn at Jun-end, debt-GDP ratio declines: RBI

India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined, according to a Reserve Bank data released on Thursday. The debt rose by about USD 4.7 billion from USD 624.3 billion at March-end. "The external debt to GDP ratio declined to 18.6 per cent at end-June 2023 from 18.8 per cent at end-March 2023," RBI said. Valuation effect due to the appreciation of the US dollar vis--vis the major currencies such as yen and SDR amounted to USD 3.1 billion. US dollar-denominated debt remained the largest component of India's external debt, with a share of 54.4 per cent at end-June 2023, followed by debt denominated in the Indian rupee (30.4 per cent), SDR (5.9 per cent), yen (5.7 per cent), and the euro (3.0 per cent). Excluding the valuation effect, external debt would have increased by USD 7.8 billion instead of USD 4.7 billion at end-June 2023 over end-March 2023, the central bank said. According to the data, at end-June 2023, long-

India's external debt rises $5.6 bn to $624.7 bn at end-March 2023

India's external debt rose marginally to USD 624.7 billion annually at end-March 2023, although the debt-GDP ratio declined, as per a Reserve Bank data released on Friday. The external debt rose by USD 5.6 billion from USD 619.1 billion at end-March 2022. "The external debt to GDP ratio declined to 18.9 per cent at end-March 2023 from 20 per cent at end-March 2022," said the Reserve Bank's data on India's External Debt as at end-March 2023. Valuation gains due to the appreciation of the US dollar compared to the Indian rupee and major currencies such as yen, SDR, and euro were placed at USD 20.6 billion. "Excluding the valuation effect, external debt would have increased by USD 26.2 billion instead of USD 5.6 billion at end-March 2023 over end-March 2022," the central bank added. At end-March 2023, as per the data, long-term debt (with original maturity of above one year) was placed at USD 496.3 billion, recording a decline of USD 1.1 billion over its level at end-March 2022. The

India's external debt at $610 billion in Q2 FY23; declines by $2.3 billion

India's external debt stood at USD 610.5 billion in the second quarter of 2022-23, down by USD 2.3 billion from end-June 2022, the finance ministry said on Thursday. The external debt to GDP ratio stood at 19.2 per cent as at end-September 2022 as compared to 19.3 per cent at end-June. "At end-September 2022, India's external debt was placed at USD 610.5 billion, recording a decrease of USD 2.3 billion over its level at end-June 2022," it said. Valuation gains due to the appreciation of the US dollar vis--vis major currencies such as the euro, yen and Indian rupee was placed at USD 10.6 billion. "Excluding the valuation effect, the increase in external debt would have been USD 8.3 billion instead of a decrease of USD 2.3 billion at end-September 2022 over end- June 2022," it noted. At end-September 2022, long-term debt (with original maturity of above one year) was placed at USD 478.7 billion, recording a fall of USD 8 billion over its level at end-June 2022, it said. On the othe

India's external debt rises 7.1% to $617 bn in June 2022: RBI data

India's external debt has risen by 7.1 per cent as it stood at $617.1 billion in June 2022, against $575.3 billion during the corresponding period of last year

Private players dominate external debt growth amid economic recovery

External borrowings up 8.2% overall in FY22; private debt accounts for 60%, against 29% a year ago

India's external debt of $620-bn is 'sustainable': Finance Ministry report

India's external debt of $620.7 billion, as at end of March 2022, is sustainable and is being managed in a prudent manner, the Department of Economic Affairs, under the Union Finance Ministry, said

India's external debt rose to $620.7 bn in FY22, up 8% YoY: RBI data

India's external debt increased by USD 47.1 billion to USD 620.7 billion in the financial year ended March 2022, the Reserve Bank said on Thursday. However, the external debt to GDP ratio declined to 19.9 per cent at the end of March from 21.2 per cent at the end of March 2021. Valuation gains due to the appreciation of the US dollar as against Indian rupee and major currencies such as yen, euro and SDR were placed at USD 11.7 billion. "Excluding the valuation effect, external debt would have increased by USD 58.8 billion instead of USD 47.1 billion at end-March 2022 over end-March 2021," Reserve Bank of India (RBI) said in a statement. At the end of March, long-term debt (with original maturity of above one year) was placed at USD 499.1 billion, recording an increase of USD 26.5 billion over its level at the end of March 2021. During the same period, the share of short-term debt in total external debt increased to 19.6 per cent from 17.6 per cent. Similarly, the ratio of short-t

India's external debt at $571.3 bn at June-end, up $1.6 bn from March: RBI

India's external debt stood at $571.3 billion at end-June, recording an increase of $1.6 billion over its level at the end of March 2021, the RBI said on Thursday

India external debt at $554.5 bn by June-end, down $3.9 bn from March: RBI

The share of short-term debt in total external debt declined to 18.9 per cent as on June 30 from 19.1 per cent at end-March

Growing demand for external commercial borrowing is a disturbing trend

For two successive years, registrations for external commercial borrowing have shot up. It is a trend the govt can't afford to ignore

India's external debt declines 2.8% to $514.4 bn at June end: RBI

The external debt-to-GDP ratio stood at 20.4% at end-June 2018, a shade lower than its level of 20.5% at end-March 2018

India's external debt remains within manageable limit at $495.7 bn: Govt

The per capita external debt of India stood at $409.3 at quarter ending September 2017

India's external debt stands at $496 bn in September

On a residual maturity basis, short-term debt constituted 41.7 per cent of total external debt at the end of September