Foreign debt reached 513,209 USD bil in 2017 in India, according to the National Statistical Office. This is 12.7 % more than in the previous year.
Historically, foreign debt in India reached an all time high of 513,209 USD bil in 2017 and an all time low of 8,425 USD bil in 1970. When compared to India's main peers, foreign debt in Bangladesh amounted to 47,155 USD bil, 1,710,235 USD bil in China, 84,523 USD bil in Pakistan and 50,142 USD bil in Sri Lanka in 2017.
India has been ranked 3rd within the group of 111 countries we follow in terms of foreign debt, 2 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.