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India's Gross External Debt

External Sector · Reserve Bank of India (RBI) — rbi.org.in · data as of 2025-03-31

Latest value

  • India's Gross External Debt: $736.3 Bn
  • As of: 2025-03-31

What it measures

India's total outstanding external debt (End-March position) — sovereign and commercial borrowing owed to non-residents, denominated in US dollars.

How it is calculated

RBI compiles gross external debt from balance-of-payments and international investment position data across government, commercial, and NRI-deposit borrowing categories, published in the annual "India's External Debt" report.

Release and revisions

Published: Annual

Annual, End-March position released ~mid-year

Revisions: Published annually for the End-March position, with a preliminary release followed by a final status report roughly six months later.

Source: Reserve Bank of India (RBI), Ministry of Finance

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