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Date : Sep 15, 2023

Table 151 : India’s External Debt - US Dollar (end-March)

(US$ Million)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
1	2	3	4	5	6	7	8	9	10	11
I. Multilateral	31744	32620	35337	39490	39538	42857	48475	50453	51590	53418
A. Government Borrowing	29204	29996	32514	36171	35724	37825	42579	43686	43539	44598
i) Concessional	24023	23731	24876	26859	25080	25711	26992	27221	26443	27173
a) IDA	23693	23418	24548	26497	24757	25380	26637	26853	26071	26770
b) Others	330	313	328	362	323	331	355	368	372	403
ii) Non-concessional	5181	6265	7638	9312	10644	12114	15587	16465	17096	17425
a) IBRD	3771	4400	5015	5660	5878	6397	8774	8897	8912	8876
b) Others	1410	1865	2623	3652	4766	5717	6813	7568	8184	8549
B. Non-government Borrowing	2540	2624	2823	3319	3814	5032	5896	6767	8051	8820
i) Concessional	0	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2540	2624	2823	3319	3814	5032	5896	6767	8051	8820
a) Public Sector	1828	1908	2136	2589	2807	3305	3536	3808	4324	4669
IBRD	1020	1030	1043	1173	1395	1893	2057	2177	2355	2394
Others	808	878	1093	1416	1412	1412	1479	1631	1969	2275
b) Financial Institutions	637	589	554	587	730	1193	1681	2018	2650	3139
IBRD	58	141	150	148	146	298	425	531	549	635
Others	579	448	404	439	584	895	1256	1487	2101	2504
c) Private Sector	75	127	133	143	277	534	679	941	1077	1012
IBRD	0	0	0	0	0	0	0	0	0	0
Others	75	127	133	143	277	534	679	941	1077	1012
II. Bilateral	17034	15761	16065	19708	20610	22593	25712	26884	25158	24727
A. Government Borrowing	13132	12239	12344	14853	14655	15860	17988	17986	16259	16099
i) Concessional	13074	12211	12344	14853	14655	15860	17988	17986	16259	16099
ii) Non-concessional	58	28	0	0	0	0	0	0	0	0
B. Non-government Borrowing	3902	3522	3721	4855	5955	6733	7724	8897	8899	8628
i) Concessional	1708	1558	396	435	641	702	918	1501	1558	1714
a) Public Sector	1292	1185	285	307	227	248	363	974	1093	1290
b) Financial Institutions	416	373	111	128	414	454	555	527	465	424
c) Private Sector	0	0	0	0	0	0	0	0	0	0
ii) Non-concessional	2194	1964	3325	4420	5314	6031	6806	7396	7341	6914
a) Public Sector	995	813	1702	2525	2959	3072	3087	2781	2397	2223
b) Financial Institutions	650	535	878	934	846	761	840	762	776	724
c) Private Sector	549	616	745	961	1509	2198	2879	3853	4168	3967
III. International Monetary Fund	1029	981	1029	1120	1018	6041	6308	6163	5964	6149
IV. Trade Credit	5022	5420	7165	10328	14481	16841	18647	18990	17760	15518
a) Buyers credit	2980	3607	5417	8287	12572	14811	16437	16790	15567	13323
b) Suppliers credit	905	751	675	750	635	651	646	636	779	795
c) Export credit component of bilateral credit	1137	1062	1073	1291	1274	1379	1564	1564	1414	1400
d) Export credit for defence purposes	0	0	0	0	0	0	0	0	0	0
(Continued)

TABLE 151 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March) (Contd.)
(US$ Million)
Item	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
1	2	3	4	5	6	7	8	9	10	11
V. Commercial Borrowing	26405	26452	41443	62334	62461	70726	100476	120136	140125	149375
a) Commercial bank loans	14375	16479	24577	40159	43169	44832	58643	72946	83555	96946
b) Securitized borrowings (inclu. IDBs and FCCBs)	11197	9217	15603	20668	17918	25075	41100	46686	56274	52149
c) Loans/securitized borrowings, etc., with multilateral/bilateral guarantee and IFC(W)	833	756	1263	1507	1374	819	733	504	296	280
d) Self liquidating loans	0	0	0	0	0	0	0	0	0	0
VI. Non-resident Deposits	32743	36282	41240	43672	41554	47890	51682	58608	70822	103844
VII. Rupee Debt	2302	2059	1951	2017	1523	1658	1601	1354	1258	1468
a) Defence	2031	1819	1728	1794	1361	1487	1437	1216	1133	1361
b) Civilian	271	240	223	223	162	171	164	138	125	107
VIII. Total Long-term Debt (I to VII)	116279	119575	144230	178669	181185	208606	252901	282587	312677	354500
IX. Short-term Debt	17723	19539	28130	45738	43313	52329	64990	78179	96697	91678
a) Non-resident deposits (up to 1 year maturity)	0	0	0	0	0	0	0	0	0	0
b) Trade-related credits	16271	19399	25979	41901	39915	47473	58463	65130	86787	81743
1) Above 180 days	7529	8696	11971	22884	23346	28003	35347	39182	59021	54992
2) Up to 180 days	8742	10703	14008	19017	16569	19470	23116	25948	27766	26751
c) FII investments on government treasury bills and other instruments	1452	140	397	651	2065	3357	5424	9395	5455	5605
d) Investments in treasury bills by foreign central banks and international institutions	0	0	164	155	105	103	50	64	82	95
e) External Debt Liabilities of (i+ii)	0	0	1590	3031	1228	1396	1053	3590	4373	4235
i) Central Bank	0	0	501	1115	764	695	155	170	181	148
ii) Commercial Banks	0	0	1089	1916	464	701	898	3420	4192	4087
X. Gross External Debt Position	134002	139114	172360	224407	224498	260935	317891	360766	409374	446178
Concessional Debt as % of Total Debt	30.7	28.4	23.0	19.7	18.7	16.8	14.9	13.3	11.1	10.4
Short-term Debt as % of Total Debt	13.2	14.0	16.3	20.4	19.3	20.1	20.4	21.7	23.6	20.5
Debt to GDP Ratio (%)	18.4	17.1	17.7	18.3	20.7	18.5	18.6	21.1	22.4	23.9
Debt Service Ratio (%)	5.9	10.1	4.7	4.8	4.4	5.8	4.4	6.0	5.9	5.9
(Continued)

TABLE 151 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March)
(US$ Million)
Item	2015	2016	2017	2018	2019	2020	2021	2022	2023
1	12	13	14	15	16	17	18	19	20
I. Multilateral	52391	54000	54499	57249	57419	60023	69904	72864	74836
A. Government Borrowing	43015	44170	44356	46907	46471	48354	57689	60596	63451
i) Concessional	24679	25005	24117	25256	23272	22211	22734	21200	19189
a) IDA	24294	24595	23705	24789	22803	21704	22206	20684	18694
b) Others	385	411	412	467	469	507	527	516	495
ii) Non-concessional	18336	19165	20238	21651	23199	26143	34956	39396	44262
a) IBRD	9117	9244	9335	9496	9756	11058	13650	14944	16507
b) Others	9219	9921	10903	12155	13443	15085	21306	24452	27755
B. Non-government Borrowing	9376	9829	10144	10341	10949	11669	12214	12268	11385
i) Concessional	0	0	0	0	0	0	0	0	0
ii) Non-concessional	9376	9829	10144	10341	10949	11669	12214	12268	11385
a) Public Sector	5010	5319	4944	5192	5667	6195	6632	6465	6082
IBRD	2502	2554	2558	2608	2706	2877	3013	3051	2929
Others	2508	2765	2386	2583	2961	3317	3619	3414	3153
b) Financial Institutions	3492	3791	4595	4654	4722	4089	4118	4354	4002
IBRD	592	899	1120	1142	1226	1150	1085	1121	1058
Others	2900	2892	3475	3511	3496	2939	3033	3233	2944
c) Private Sector	874	719	605	496	560	1385	1465	1449	1301
IBRD	0	0	0	0	0	0	0	0	0
Others	874	719	605	496	560	1385	1465	1449	1301
II. Bilateral	21726	22448	23214	25373	26646	28058	31064	32524	34570
A. Government Borrowing	14121	15457	16887	19857	20514	22370	24640	26051	27570
i) Concessional	14121	15457	16887	19857	20514	22370	24640	26051	27570
ii) Non-concessional	0	0	0	0	0	0	0	0	0
B. Non-government Borrowing	7605	6991	6327	5516	6132	5687	6424	6473	7000
i) Concessional	1610	1786	1845	1998	2523	3309	3449	3224	3366
a) Public Sector	1205	1359	1040	1170	1767	2504	2650	2609	2803
b) Financial Institutions	405	427	805	827	755	805	798	614	563
c) Private Sector	0	0	0	0	0	0	0	0	0
ii) Non-concessional	5995	5205	4482	3518	3609	2378	2975	3249	3634
a) Public Sector	1846	1646	1460	1311	1417	514	757	860	878
b) Financial Institutions	531	455	488	389	354	302	771	799	1058
c) Private Sector	3618	3105	2534	1818	1838	1561	1446	1590	1698
III. International Monetary Fund	5488	5605	5410	5784	5523	5430	5638	22876	22261
IV. Trade Credit	12608	10548	9625	9485	7747	6849	6293	3344	2940
a) Buyers credit	10546	8286	7216	6718	4970	3956	3217	2556	2177
b) Suppliers credit	834	918	940	1040	993	947	934	788	763
c) Export credit component of bilateral credit	1228	1344	1468	1727	1784	1945	2143	0	0
d) Export credit for defence purposes	0	0	0	0	0	0	0	0	0
(Continued)

TABLE 151 : INDIA'S EXTERNAL DEBT - US DOLLAR (End-March) (Concld.)
(US$ Million)
Item	2015	2016	2017	2018	2019	2020	2021	2022	2023
1	12	13	14	15	16	17	18	19	20
V. Commercial Borrowing	180295	180480	172045	201821	205804	219466	216559	225797	221976
a) Commercial bank loans	101492	97585	87492	84679	94582	109131	101976	104708	107519
b) Securitized borrowings (inclu. IDBs and FCCBs)	78426	82533	84195	116798	110923	110050	114311	120853	114248
c) Loans/securitized borrowings, etc., with multilateral/bilateral guarantee and IFC(W)	377	362	358	344	300	284	272	237	209
d) Self liquidating loans	0	0	0	0	0	0	0	0	0
VI. Non-resident Deposits	115163	126929	116867	126182	130423	130581	141895	139022	138879
VII. Rupee Debt	1506	1278	1228	1213	1158	1022	975	960	813
a) Defence	1407	1189	1141	1130	1084	958	913	904	765
b) Civilian	99	89	87	83	74	64	62	56	48
VIII. Total Long-term Debt (I to VII)	389177	401287	382888	427105	434719	451428	472327	497387	496275
IX. Short-term Debt	85499	83504	88124	102173	108415	106887	101082	121688	128379
a) Non-resident deposits (up to 1 year maturity)	0	0	0	0	0	0	0	0	0
b) Trade-related credits	81631	80022	86489	100389	102409	101384	97254	117359	123898
1) Above 180 days	53405	51208	56155	66297	52476	51603	46903	48098	60802
2) Up to 180 days	28226	28814	30333	34091	49934	49781	50351	69261	63095
c) FII investments on government treasury bills and other instruments	1167	20	40	89	1735	1733	1697	2101	1998
d) Investments in treasury bills by foreign central banks and international institutions	114	238	243	275	263	242	266	256	229
e) External Debt Liabilities of (i+ii)	2586	3225	1352	1420	4008	3529	1865	1972	2254
i) Central Bank	150	180	243	274	221	180	174	76	134
ii) Commercial Banks	2436	3045	1110	1146	3787	3349	1691	1897	2120
X. Gross External Debt Position	474675	484791	471012	529278	543135	558315	573410	619076	624654
Concessional Debt as % of Total Debt	8.8	9.0	9.4	9.1	8.7	8.8	9.0	8.3	8.2
Short-term Debt as % of Total Debt	18.0	17.2	18.7	19.3	20.0	19.1	17.6	19.7	20.6
Debt to GDP Ratio (%)	23.8	23.4	19.8	20.1	19.9	20.9	21.1	20.0	18.9
Debt Service Ratio (%)	7.6	8.8	8.3	7.5	6.4	6.5	8.2	5.2	5.3
Notes : IDBs : India Development Bonds FCCBs : Foreign Currency Convertible Bonds FC(W) : International Finance Corporation (Washington) FC(B&O) : Foreign Currency (Banks & Others) Deposits 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. Sources : Ministry of Finance, Government of India and Reserve Bank of India.