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Date : Sep 16, 2013

Table 157 : India’s External Debt - US Dollar (end - March)

(US $ million)
Item	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004
1	2	3	4	5	6	7	8	9	10	11
I. Multilateral	28542	28616	29218	29553	30534	31438	31105	31899	29994	29297
A. Government Borrowing	26127	26059	26369	26344	26967	27584	27414	28290	27271	26826
i) Concessional	17777	17576	17636	17836	18596	19269	19080	19713	21560	22674
a) IDA	17438	17263	17337	17541	18301	18964	18811	19440	21258	22356
b) Others	339	313	299	295	295	305	269	273	302	318
ii) Non-concessional	8350	8483	8733	8508	8371	8315	8334	8577	5711	4152
a) IBRD	7136	6938	6772	6430	6062	5810	5654	5742	4009	3144
b) Others	1214	1545	1961	2078	2309	2505	2680	2835	1702	1008
B. Non-Government Borrowing	2415	2557	2849	3209	3567	3854	3691	3609	2723	2471
i) Concessional	0	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2415	2557	2849	3209	3567	3854	3691	3609	2723	2471
a) Public Sector	1033	1353	1318	2216	2523	2793	2655	2609	1945	1770
IBRD	640	860	929	1319	1495	1589	1525	1496	920	984
Others	393	493	389	897	1028	1204	1130	1113	1025	786
b) Financial Institution	813	721	665	550	641	710	722	766	668	651
IBRD	510	481	450	256	249	229	218	215	110	85
Others	303	240	215	294	392	481	504	551	558	566
c) Private Sector	569	483	866	443	403	351	314	234	110	50
IBRD	512	364	456	334	309	269	246	190	63	0
Others	57	119	410	109	94	82	68	44	47	50
II. Bilateral	20270	19213	17494	16969	17499	18175	15975	15323	16802	17277
A. Government Borrowing	16841	15535	13652	12998	13447	13966	12176	11540	12664	12987
i) Concessional	16841	15232	13394	12786	13286	13613	11898	11359	12547	12900
ii) Non-concessional	0	303	258	212	161	353	278	181	117	87
B. Non-government borrowing	3429	3678	3842	3971	4052	4209	3799	3783	4138	4290
i) Concessional	603	903	948	448	645	922	1196	1411	1685	1983
a) Public Sector	208	110	293	49	124	341	635	877	1083	1287
b) Financial Institution	395	793	655	399	521	581	561	534	602	696
c) Private Sector	0	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2826	2775	2894	3523	3407	3287	2603	2372	2453	2307
a) Public Sector	1943	1631	1453	1358	1224	1089	797	988	1076	1110
b) Financial Institutions	598	639	678	1067	1028	952	765	760	751	710
c) Private Sector	285	505	763	1098	1155	1246	1041	624	626	487
III. International Monetary Fund	4300	2374	1313	664	287	26	0	0	0	1008
IV. Trade Credit	6629	5376	5861	6526	6789	6780	5923	5368	4995	4697
a) Buyers Credit	1977	2101	3116	3908	4265	4297	3717	3311	2823	2546
b) Suppliers credit	2042	1567	1335	1380	1303	1280	1158	1069	1081	1029
c) Export credit component of bilateral credit	1464	1325	1165	1112	1155	1184	1035	988	1091	1122
d) Export credit for defence purpose	1146	383	245	126	66	19	13	0	0	0
(Continued)

TABLE 157 : INDIA'S EXTERNAL DEBT - US DOLLAR (End - March) (Contd.)
(US $ million)
Item	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004
1	2	3	4	5	6	7	8	9	10	11
V. Commercial borrowing	12991	13873	14335	16986	20978	19943	24408	23320	22472	22007
a) Commercial bank loans	5837	6731	8349	9981	10343	10094	9899	9962	9870	11588
b) Securitized borrowings (inclu. IDBs and FCCBs )	5377	5751	4825	6022	9772	9073	13887	12851	12093	9568
c) Loans/Securitized borrowings, etc. with multilateral/bilateral guarantee and IFC(W)	952	888	981	874	808	750	622	507	509	851
d) Self liquidating loans	825	503	180	109	55	26	0	0	0	0
VI. NRI & FC(B&O) deposits	12383	11011	11012	11913	11794	13559	16568	17154	23160	31216
VII. Rupee debt.	9624	8233	7511	5874	4731	4406	3719	3034	2822	2720
a) Defence	8763	7488	6847	5311	4243	3964	3339	2704	2515	2426
b) Civilian	861	745	664	563	488	442	380	330	307	294
VIII. Total long-term debt (I to VII)	94739	88696	86744	88485	92612	94327	97698	96098	100245	108222
IX. Short-term debt	4269	5034	6726	5046	4274	3936	3628	2745	4669	4431
a) NRI deposits (up to 1 year maturity)	2278	2883	3773	2192	2086	1372	957	968	1962	304
b) FC(B&O) deposits (up to 1 year maturity)	0	0	0	0	0	0	0	0	0	0
c) Trade related Credits	1991	2151	2953	2854	2188	2564	2671	1777	2707	4127
1) 6 Months and above up to 1 year	1991	2151	2953	2854	2188	2564	2671	1777	2707	4127
2) Up to 6 months	0	0	0	0	0	0	0	0	0	0
d) FII Investments on Govt. T Bills and other instruments	0	0	0	0	0	0	0	0	0	0
e) Investments in Treasury Bills by Foreign Central Banks and International Institutions	0	0	0	0	0	0	0	0	0	0
f) External Debt Liabilities of (i+ii)	0	0	0	0	0	0	0	0	0	0
i) Central Bank	0	0	0	0	0	0	0	0	0	0
ii) Commercial Bank	0	0	0	0	0	0	0	0	0	0
X. Gross Total Debt	99008	93730	93470	93531	96886	98263	101326	98843	104914	112653
Concessional Debt as % of Total Debt	45.3	44.7	42.2	39.5	38.5	38.9	35.4	35.9	36.8	35.8
Short Term Debt as % of Total Debt	4.3	5.4	7.2	5.4	4.4	4.0	3.6	2.8	4.5	3.9
Debt Stock- GDP Ratio (%)	30.8	27.0	24.6	24.3	23.6	22.0	22.5	21.1	20.3	18.0
Debt Service Ratio (%)	25.9	26.2	23.0	19.5	18.7	17.1	16.6	13.7	16.0	16.1

TABLE 157 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March) (Contd.)
(US $ million)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013
1	12	13	14	15	16	17	18	19	20
I. Multilateral	31744	32620	35337	39490	39538	42857	48475	50453	51642
A. Government Borrowing	29204	29996	32514	36170	35724	37825	42579	43686	43539
i) Concessional	24023	23731	24876	26859	25080	25711	26992	27221	26442
a) IDA	23693	23418	24548	26497	24757	25380	26637	26853	26071
b) Others	330	313	328	362	323	331	355	368	372
ii) Non-concessional	5181	6265	7638	9311	10644	12114	15587	16465	17096
a) IBRD	3771	4400	5015	5660	5878	6397	8774	8897	8912
b) Others	1410	1865	2623	3651	4766	5717	6813	7568	8184
B. Non-Government Borrowing	2540	2624	2823	3320	3814	5032	5896	6767	8103
i) Concessional	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2540	2624	2823	3320	3814	5032	5896	6767	8103
a) Public Sector	1828	1908	2136	2589	2807	3305	3536	3808	4324
IBRD	1020	1030	1043	1173	1395	1893	2057	2177	2355
Others	808	878	1093	1416	1412	1412	1479	1631	1969
b) Financial Institution	637	589	554	588	730	1193	1681	2018	2669
IBRD	58	141	150	149	146	298	425	531	549
Others	579	448	404	439	584	895	1256	1487	2120
c) Private Sector	75	127	133	143	277	534	679	941	1109
IBRD	0	0	0	0	0	0	0	0	0
Others	75	127	133	143	277	534	679	941	1109
II. Bilateral	17034	15761	16065	19708	20610	22593	25712	26888	25065
A. Government Borrowing	13132	12239	12344	14853	14655	15860	17988	17986	16259
i) Concessional	13074	12211	12344	14853	14655	15860	17988	17986	16259
ii) Non-concessional	58	28	0	0	0	0	0	0	0
B. Non-government borrowing	3902	3522	3721	4855	5955	6733	7724	8902	8807
i) Concessional	1708	1558	396	435	641	702	918	1501	1497
a) Public Sector	1292	1185	285	307	227	248	363	974	1031
b) Financial Institution	416	373	111	128	414	454	555	527	465
c) Private Sector	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2194	1964	3325	4420	5314	6031	6806	7401	7310
a) Public Sector	995	813	1702	2525	2959	3072	3087	2791	2357
b) Financial Institutions	650	535	878	934	846	761	840	762	777
c) Private Sector	549	616	745	961	1509	2198	2879	3848	4175
III. International Monetary Fund	1029	981	1029	1120	1018	6041	6308	6163	5964
IV. Trade Credit	5022	5420	7165	10328	14481	16841	18614	19067	17705
a) Buyers Credit	2980	3607	5417	8287	12572	14811	16412	16870	15531
b) Suppliers credit	905	751	675	750	635	651	638	633	760
c) Export credit component of bilateral credit	1137	1062	1073	1291	1274	1379	1564	1564	1414
d) Export credit for defence purpose	0	0	0	0	0	0

TABLE 157 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March) (Concld.)
(US $ million)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013
1	12	13	14	15	16	17	18	19	20
V. Commercial borrowing	26405	26452	41443	62334	62461	70726	88479	104786	120893
a) Commercial bank loans	14375	16479	24577	40159	43169	44832	58613	73248	82613
b) Securitized borrowings (inclu. IDBs and FCCBs )	11197	9217	15603	20668	17918	25075	29134	31033	37960
c) Loans/Securitized borrowings, etc. with multilateral/bilateral guarantee and IFC(W)	833	756	1263	1507	1374	819	732	505	321
d) Self liquidating loans	0	0	0	0	0	0	0	0	0
VI. NRI & FC(B&O) deposits	32743	36282	41240	43672	41554	47890	51682	58608	70823
VII. Rupee debt.	2302	2059	1951	2017	1523	1658	1601	1354	1258
a) Defence	2031	1819	1728	1794	1361	1487	1437	1216	1133
b) Civilian	271	240	223	223	162	171	164	138	125
VIII. Total long-term debt (I to VII)	116279	119575	144230	178669	181185	208606	240871	267319	293351
IX. Short-term debt	17723	19539	28130	45738	43313	52329	64990	78179	96697
a) NRI deposits (up to 1 year maturity)	0	0	0	0	0	0	0	0	0
b) FC(B&O) deposits (up to 1 year maturity)	0	0	0	0	0	0	0	0	0
c) Trade related Credits	16271	19399	25979	41901	39915	47473	58463	65130	86787
1) 6 Months and above up to 1 year	7529	8696	11971	22884	23346	28003	35347	39182	59021
2) Up to 6 months	8742	10703	14008	19017	16569	19470	23116	25948	27766
d) FII Investments on Govt. T Bills and other instruments	1452	140	397	651	2065	3357	5424	9395	5455
e) Investments in Treasury Bills by Foreign Central Banks and International Institutions	0	0	164	155	105	103	50	64	82
f) External Debt Liabilities of (i+ii)	0	0	1590	3031	1228	1396	1053	3590	4373
i) Central Bank	0	0	501	1115	764	695	155	170	181
ii) Commercial Bank	0	0	1089	1916	464	701	898	3420	4192
X. Gross Total Debt	134002	139114	172360	224407	224498	260935	305861	345498	390048
Concessional Debt as % of Total Debt	30.7	28.4	23.0	19.7	18.7	16.8	15.5	13.9	11.7
Short Term Debt as % of Total Debt	13.2	14.0	16.3	20.4	19.3	20.1	21.2	22.6	24.8
Debt Stock- GDP Ratio (%)	18.1	16.8	17.5	18.0	20.3	18.2	17.5	19.7	21.2
Debt Service Ratio (%)	5.9	10.1	4.7	4.8	4.4	5.8	4.4	6.0	5.9
IDBs : India Development Bonds FCCBs : Foreign Currency Convertible Bonds IFC(W) : International Finance Corporation (Washington) FC(B&O) : Foreign Currency (Banks & Others) Deposits Note : 1. Other concessional multilateral Government borrowing refers to debt outstanding to Institutions like IFAD, OPEC & EEC (SAC). 2. Multilateral non-concessional Government/ public sector/ financial institutions other borrowings refers to debt outstanding against loans from ADB. 3. Securitised commercial borrowings (inclu. IDBs and FCCBs) includes net Investment by 100% Fll debt funds, Resurgent India Bonds (RIBs) and India Millennium Deposits (IMDs). 4. Rupee debt refers to debt owed to Russia denominated in Rupees and converted at current exchange rates, payable in exports. 5. Civilian's rupee debt includes Supplier’s credit from end-March 1990 onwards. 6. Short-term debt does not include suppliers’ credit of up to180 days from 1994 till 2004. 7. Multilateral loans do not include revaluation of IBRD pooled loans and exchange rate adjustment under IDA loans for Pre-1971 credits. 8. Debt- service ratio from the year 1992 - 93 includes the revised private transfer contra-entry on account of gold and silver imports. Source : External Debt Management Unit, Ministry of Finance and Reserve Bank of India.