Government Debt To Gdp Ratio India, Debt To Gdp Ratio Wikipedia
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Germanys total debt is at approximately 2291 trillion 2527 trillion usd.
Government to citizen e commerce. India recorded a government debt equivalent to 6962 percent of the countrys gross domestic product in the 2019 20 fiscal year. Canada experienced a gradual decrease in debt after the 1990s until 2010 when the debt began increasing again. The table has current values for government debt to gdp previous releases historical highs and record lows release frequency reported unit and.
Central government debt total of gdp india international monetary fund government finance statistics yearbook and data files and world bank and oecd gdp estimates. The countrys total debt to gdp ratio stood at an all time high in 2017 18 as debts rose to 39 trillion rs 251 lakh crore from 16 trillion rs 803 lakh crore a decade ago. The data reached an all time high of 527 in jun 2020 and a record low of 446 in mar 2019.
This page provides india government debt to gdp actual values historical data forecast. Germanys debt ratio is currently at 5981 of its gdp. Central government debt total of gdp international monetary fund government finance statistics yearbook and data files and world bank and oecd gdp estimates.
Indias government debt to gdp ratio data is updated quarterly available from mar 2012 to jun 2020. Government debt to gdp in india averaged 6818 percent from 1980 until 2019 reaching an all time high of 8323 percent in 2003 and a record low of 4794 percent in 1980. The numerator of the debt to gdp ratio is a stock at a point in time while the denominator is a flow per unit of time.
This page provides values for government debt to gdp reported in several countries. Canadas national debt currently sits at about 12 trillion cad 925 billion usd. Indias debt is mounting even as it remains the worlds fastest growing economy.
Indias sovereign rating could be under strain as the already high debt to gdp ratio could jump further in 2020 widening fiscal deficit and increasing negative rating pressure on the countrys credit rating agency fitch said. Indias government debt accounted for 527 of the countrys nominal gdp in jun 2020 compared with the ratio of 465 in the previous quarter. India debt to gdp ratio for 2013 was 5031 a 037 decline from 2012.
This page displays a table with actual values consensus figures forecasts statistics and historical data charts for country list government debt to gdp. The new york based rating agency has a bbb rating on india with a stable outlook which is the lowest among countries rated in the investment grade.
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