India's External Debt

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 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

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

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 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 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

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

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

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

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

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

India's sovereign debt is much lower than that of other emerging economies