publications

download file (22 kb) or PDF document (158 kb)
Date : Sep 18, 2020
Table 150 : India’s External Debt - US Dollar (end-March)
(US $ million)
Item 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
1 2 3 4 5 6 7 8 9 10 11
I. Multilateral 31899 29994 29297 31744 32620 35337 39490 39538 42857 48475
A. Government Borrowing 28290 27271 26826 29204 29996 32514 36171 35724 37825 42579
i) Concessional 19713 21560 22674 24023 23731 24876 26859 25080 25711 26992
a) IDA 19440 21258 22356 23693 23418 24548 26497 24757 25380 26637
b) Others 273 302 318 330 313 328 362 323 331 355
ii) Non-concessional 8577 5711 4152 5181 6265 7638 9312 10644 12114 15587
a) IBRD 5742 4009 3144 3771 4400 5015 5660 5878 6397 8774
b) Others 2835 1702 1008 1410 1865 2623 3652 4766 5717 6813
B. Non-Government Borrowing 3609 2723 2471 2540 2624 2823 3319 3814 5032 5896
i) Concessional 0 0 0 0 0 0 0 0 0 0
ii) Non-concessional 3609 2723 2471 2540 2624 2823 3319 3814 5032 5896
a) Public Sector 2609 1945 1770 1828 1908 2136 2589 2807 3305 3536
IBRD 1496 920 984 1020 1030 1043 1173 1395 1893 2057
Others 1113 1025 786 808 878 1093 1416 1412 1412 1479
b) Financial Institution 766 668 651 637 589 554 587 730 1193 1681
IBRD 215 110 85 58 141 150 148 146 298 425
Others 551 558 566 579 448 404 439 584 895 1256
c) Private Sector 234 110 50 75 127 133 143 277 534 679
IBRD 190 63 0 0 0 0 0 0 0 0
Others 44 47 50 75 127 133 143 277 534 679
II. Bilateral 15323 16802 17277 17034 15761 16065 19708 20610 22593 25712
A. Government Borrowing 11540 12664 12987 13132 12239 12344 14853 14655 15860 17988
i) Concessional 11359 12547 12900 13074 12211 12344 14853 14655 15860 17988
ii) Non-concessional 181 117 87 58 28 0 0 0 0 0
B. Non-government borrowing 3783 4138 4290 3902 3522 3721 4855 5955 6733 7724
i) Concessional 1411 1685 1983 1708 1558 396 435 641 702 918
a) Public Sector 877 1083 1287 1292 1185 285 307 227 248 363
b) Financial Institution 534 602 696 416 373 111 128 414 454 555
c) Private Sector 0 0 0 0 0 0 0 0 0 0
ii) Non-concessional 2372 2453 2307 2194 1964 3325 4420 5314 6031 6806
a) Public Sector 988 1076 1110 995 813 1702 2525 2959 3072 3087
b) Financial Institutions 760 751 710 650 535 878 934 846 761 840
c) Private Sector 624 626 487 549 616 745 961 1509 2198 2879
III. International Monetary Fund 0 0 1008 1029 981 1029 1120 1018 6041 6308
IV. Trade Credit 5368 4995 4697 5022 5420 7165 10328 14481 16841 18647
a) Buyers Credit 3311 2823 2546 2980 3607 5417 8287 12572 14811 16437
b) Suppliers credit 1069 1081 1029 905 751 675 750 635 651 646
c) Export credit component of bilateral credit 988 1091 1122 1137 1062 1073 1291 1274 1379 1564
d) Export credit for defence purpose 0 0 0 0 0 0 0 0 0 0

(Continued)


TABLE 150 : INDIA'S EXTERNAL DEBT - US DOLLAR (End - March) (Contd.)
(US $ million)
Item 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
1 2 3 4 5 6 7 8 9 10 11
V. Commercial borrowing 23320 22472 22007 26405 26452 41443 62334 62461 70726 100476
a) Commercial bank loans 9962 9870 11588 14375 16479 24577 40159 43169 44832 58643
b) Securitized borrowings (inclu. IDBs and FCCBs) 12851 12093 9568 11197 9217 15603 20668 17918 25075 41100
c) Loans/Securitized borrowings, etc. with multilateral/bilateral guarantee and IFC(W) 507 509 851 833 756 1263 1507 1374 819 733
d) Self liquidating loans 0 0 0 0 0 0 0 0 0 0
VI. NRI & FC(B&O) deposits 17154 23160 31216 32743 36282 41240 43672 41554 47890 51682
VII. Rupee debt. 3034 2822 2720 2302 2059 1951 2017 1523 1658 1601
a) Defence 2704 2515 2426 2031 1819 1728 1794 1361 1487 1437
b) Civilian 330 307 294 271 240 223 223 162 171 164
VIII. Total long-term debt (I to VII) 96098 100245 108222 116279 119575 144230 178669 181185 208606 252901
IX. Short-term debt 2745 4669 4431 17723 19539 28130 45738 43313 52329 64990
a) NRI deposits (up to 1 year maturity) 968 1962 304 0 0 0 0 0 0 0
b) Trade Related Credits 1777 2707 4127 16271 19399 25979 41901 39915 47473 58463
1) 6 Months and above up to 1 year 1777 2707 4127 7529 8696 11971 22884 23346 28003 35347
2) Up to 6 months 0 0 0 8742 10703 14008 19017 16569 19470 23116
c) FII Investments on Government Treasury Bills and other instruments 0 0 0 1452 140 397 651 2065 3357 5424
d) Investments in Treasury Bills by Foreign Central Banks and International Institutions 0 0 0 0 0 164 155 105 103 50
e) External Debt Liabilities of (i+ii) 0 0 0 0 0 1590 3031 1228 1396 1053
i) Central Bank 0 0 0 0 0 501 1115 764 695 155
ii) Commercial Bank 0 0 0 0 0 1089 1916 464 701 898
X. Gross Total Debt 98843 104914 112653 134002 139114 172360 224407 224498 260935 317891
Concessional Debt as % of Total Debt 35.9 36.8 35.8 30.7 28.4 23.0 19.7 18.7 16.8 14.9
Short Term Debt as % of Total Debt 2.8 4.5 3.9 13.2 14.0 16.3 20.4 19.3 20.1 20.4
Debt Stock- GDP Ratio (%) 20.8 20.0 17.7 18.4 17.1 17.7 18.3 20.7 18.5 18.6
Debt Service Ratio (%) 13.7 16.0 16.1 5.9 10.1 4.7 4.8 4.4 5.8 4.4
(Continued)

TABLE 150 : INDIA'S EXTERNAL DEBT - US DOLLAR (End - March) (Contd.)
(US $ million)
Item 2012 2013 2014 2015 2016 2017 2018 2019 2020
1 12 13 14 15 16 17 18 19 20
I. Multilateral 50453 51590 53418 52391 54000 54499 57249 57455 59952
A. Government Borrowing 43686 43539 44598 43015 44170 44356 46907 46471 48352
i) Concessional 27221 26443 27173 24679 25005 24117 25256 23272 22211
a) IDA 26853 26071 26770 24294 24595 23705 24789 22803 21704
b) Others 368 372 403 385 411 412 467 469 507
ii) Non-concessional 16465 17096 17425 18336 19165 20238 21651 23199 26141
a) IBRD 8897 8912 8876 9117 9244 9335 9496 9756 11057
b) Others 7568 8184 8549 9219 9921 10903 12155 13443 15084
B. Non-Government Borrowing 6767 8051 8820 9376 9829 10144 10341 10984 11600
i) Concessional 0 0 0 0 0 0 0 0 0
ii) Non-concessional 6767 8051 8820 9376 9829 10144 10341 10984 11600
a) Public Sector 3808 4324 4669 5010 5319 4944 5192 5661 5480
IBRD 2177 2355 2394 2502 2554 2558 2608 2706 2877
Others 1631 1969 2275 2508 2765 2386 2583 2955 2602
b) Financial Institution 2018 2650 3139 3492 3791 4595 4654 5091 5905
IBRD 531 549 635 592 899 1120 1142 1226 1150
Others 1487 2101 2504 2900 2892 3475 3511 3865 4755
c) Private Sector 941 1077 1012 874 719 605 496 233 215
IBRD 0 0 0 0 0 0 0 0 0
Others 941 1077 1012 874 719 605 496 233 215
II. Bilateral 26884 25158 24727 21726 22448 23214 25373 25622 27161
A. Government Borrowing 17986 16259 16099 14121 15457 16887 19857 20514 22351
i) Concessional 17986 16259 16099 14121 15457 16887 19857 20514 22351
ii) Non-concessional 0 0 0 0 0 0 0 0 0
B. Non-government borrowing 8897 8899 8628 7605 6991 6327 5516 5108 4811
i) Concessional 1501 1558 1714 1610 1786 1845 1998 2523 2646
a) Public Sector 974 1093 1290 1205 1359 1040 1170 1767 1952
b) Financial Institution 527 465 424 405 427 805 827 755 694
c) Private Sector 0 0 0 0 0 0 0 0 0
ii) Non-concessional 7396 7341 6914 5995 5205 4482 3518 2585 2165
a) Public Sector 2781 2397 2223 1846 1646 1460 1311 1021 679
b) Financial Institutions 762 776 724 531 455 488 389 333 369
c) Private Sector 3853 4168 3967 3618 3105 2534 1818 1231 1118
III. International Monetary Fund 6163 5964 6149 5488 5605 5410 5784 5523 5430
IV. Trade Credit 18990 17760 15518 12608 10548 9625 9485 7943 7192
a) Buyers Credit 16790 15567 13323 10546 8286 7216 6718 5160 4300
b) Suppliers credit 636 779 795 834 918 940 1040 999 948
c) Export credit component of bilateral credit 1564 1414 1400 1228 1344 1468 1727 1784 1944
d) Export credit for defence purpose 0 0 0 0 0 0 0 0 0
(Continued)

TABLE 150 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March) (Concld.)
(US $ million)
Item 2012 2013 2014 2015 2016 2017 2018 2019 2020
1 12 13 14 15 16 17 18 19 20
V. Commercial borrowing 120136 140125 149375 180295 180480 172045 201821 206574 220333
a) Commercial bank loans 72946 83555 96946 101492 97585 87492 84679 95349 110100
b) Securitized borrowings (inclu. IDBs and FCCBs ) 46686 56274 52149 78426 82533 84195 116798 110925 109951
c) Loans/Securitized borrowings, etc. with multilateral/bilateral guarantee and IFC(W) 504 296 280 377 362 358 344 300 281
d) Self liquidating loans 0 0 0 0 0 0 0 0 0
VI. NRI & FC(B&O) deposits 58608 70822 103844 115163 126929 116867 126182 130423 130581
VII. Rupee debt. 1354 1258 1468 1506 1278 1228 1213 1158 1022
a) Defence 1216 1133 1361 1407 1189 1141 1130 1084 958
b) Civilian 138 125 107 99 89 87 83 74 64
VIII. Total long-term debt (I to VII) 282587 312677 354500 389177 401287 382888 427105 434697 451671
IX. Short-term debt 78179 96697 91678 85499 83504 88124 102173 108415 106878
a) NRI deposits (up to 1 year maturity) 0 0 0 0 0 0 0 0 0
b) Trade Related Credits 65130 86787 81743 81631 80022 86489 100389 102409 101384
1) 6 Months and above up to 1 year 39182 59021 54992 53405 51208 56155 66297 52476 51603
2) Up to 6 months 25948 27766 26751 28226 28814 30333 34091 49934 49781
c) FII Investments on Government Treasury Bills and other instruments 9395 5455 5605 1167 20 40 89 1735 1723
d) Investments in Treasury Bills by Foreign Central Banks and International Institutions 64 82 95 114 238 243 275 263 242
e) External Debt Liabilities of (i+ii) 3590 4373 4235 2586 3225 1352 1420 4008 3529
i) Central Bank 170 181 148 150 180 243 274 221 180
ii) Commercial Bank 3420 4192 4087 2436 3045 1110 1146 3787 3349
X. Gross Total Debt 360766 409374 446178 474675 484791 471012 529278 543112 558548
Concessional Debt as % of Total Debt 13.3 11.1 10.4 8.8 9.0 9.4 9.1 8.7 8.6
Short Term Debt as % of Total Debt 21.7 23.6 20.5 18.0 17.2 18.7 19.3 20.0 19.1
Debt Stock- GDP Ratio (%) 21.1 22.4 23.9 23.8 23.4 19.8 20.1 19.8 20.6
Debt Service Ratio (%) 6.0 5.9 5.9 7.6 8.8 8.3 7.5 6.4 6.5
IDBs : India Development Bonds     FCCBs : Foreign Currency Convertible Bonds
IFC(W) : International Finance Corporation (Washington)     FC(B&O) : Foreign Currency (Banks & Others) Deposits
Notes : 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) include 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 :Ministry of Finance, Government of India and Reserve Bank of India.

Top