Interest payments on government debt as a share of government expense reached 19.4% in 2018 in India, according to the National Statistical Office. This is 2.20% less 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.
India has been ranked 9th within the group of 119 countries we follow in terms of interest payments on government debt as a share of government expense.
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