Interest Payments on Government Debt (As % of Government Expense) in India

Interest payments on government debt as a share of government expense reached 19.5 % in 2013 in India, according to the National Statistical Office. This is 0.153 % more than in the previous year.

Historically, interest payments on government debt as a share of government expense in India reached an all time high of 29.6 % in 2000 and an all time low of 11.2 % in 1975. When compared to India's main peers, interest payments on government debt as a share of government expense in Bangladesh amounted to 21.2 %, 3.23 % in China, 28.6 % in Pakistan and 31.6 % in Sri Lanka in 2013.

India has been ranked 10th within the group of 121 countries we follow in terms of interest payments on government debt as a share of government expense.

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

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