Public Debt-to-GDP Ratio

At the end of March 2026, India's external debt increased to $762.8 billion, up by $26.3 billion from the previous year, with the external debt-to-GDP ratio increasing from 19.8% to 20.8%.

What is Public Debt- to-GDP Ratio?

  • It is the ratio between a country’s government debt and its gross domestic product (GDP).
  • It measures the financial leverage of an economy and is used to gauge a country’s ability to repay its debt.
  • Public debt consists of external debt (which has been borrowed from foreign lenders) and internal debt (like government securities, treasury bills, and short-term borrowings).

Impacts of Public Debt- to-GDP ....

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