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Date : Sep 13, 2024
Table 235 : Select Debt Indicators of Central and State Governments (As Percentage to GDP)
Year (end-March) Domestic liabilities of Centre External liabilities of Centre Total liabilities of the Centre (2+3) Total liabilities of the States Combined domestic liabilities of Centre & States Combined total liabilities of Centre & States
1 2 3 4 5 6 7
1983-84 34.99 10.48 45.47 18.86 42.06 52.55
1984-85 37.72 10.38 48.10 19.77 45.57 55.95
1985-86 41.22 11.16 52.38 21.19 49.35 60.51
1986-87 45.15 11.29 56.44 21.57 53.55 64.85
1987-88 46.80 12.72 59.52 22.05 55.43 68.15
1988-89 46.70 12.38 59.08 21.46 55.32 67.70
1989-90 47.79 13.15 60.94 21.89 56.91 70.06
1990-91 48.28 11.31 59.59 21.86 57.54 68.85
1991-92 47.15 16.28 63.42 21.82 56.61 72.89
1992-93 46.43 15.62 62.05 21.74 56.39 72.01
1993-94 48.31 14.34 62.65 21.08 58.05 72.39
1994-95 46.64 13.63 60.27 20.70 56.41 70.04
1995-96 45.24 12.10 57.34 20.34 55.18 67.28
1996-97 43.79 10.54 54.32 20.14 53.83 64.37
1997-98 45.98 10.27 56.24 21.04 56.02 66.29
1998-99 46.28 9.87 56.14 22.16 57.24 67.11
1999-00 47.58 9.23 56.81 25.19 61.24 70.47
2000-01 50.64 8.73 59.36 27.29 64.94 73.67
2001-02 54.96 8.47 63.44 29.32 70.32 78.79
2002-03 59.12 7.73 66.85 31.01 75.13 82.86
2003-04 59.50 6.48 65.98 31.79 76.75 83.23
2004-05 59.64 5.90 65.53 31.28 76.24 82.13
2005-06 58.64 5.25 63.90 31.08 73.82 79.07
2006-07 56.72 4.68 61.40 28.91 69.98 74.66
2007-08 54.65 4.21 58.86 26.63 67.23 71.44
2008-09 53.93 4.69 58.62 26.11 67.52 72.21
2009-10 52.42 3.85 56.27 25.45 66.76 70.60
2010-11 48.58 3.58 52.16 23.50 62.02 65.60
2011-12 49.76 3.70 53.46 22.82 63.66 67.36
2012-13 49.21 3.34 52.55 22.23 63.31 66.65
2013-14 48.83 3.33 52.16 22.00 63.73 67.06
2014-15 48.48 2.94 51.42 21.69 63.64 66.58
2015-16 48.59 2.95 51.54 23.37 65.58 68.53
2016-17 46.89 2.65 49.54 24.75 66.12 68.77
2017-18 46.87 2.61 49.47 25.12 66.97 69.57
2018-19 47.14 2.51 49.65 25.34 68.07 70.58
2019-20 50.11 2.71 52.82 26.65 72.75 75.46
2020-21 59.65 3.10 62.75 31.04 86.35 89.45
2021-22 56.22 2.79 59.01 29.14 81.54 84.33
2022-23 55.35 2.78 58.13 27.82 79.71 82.49
2023-24 54.89 2.56 57.45 27.61 79.03 81.59
Notes : 1. Data for 2022-23 are Revised Estimates and data for 2023-24 are Budget Estimates.
2. External liabilities of the Centre is at current exchange rate.
3. Total liabilities of the States, Combined domestic liabilities of Centre & States and Combined total liabilities of the Centre & States have been revised to include ‘reserve funds’,‘deposits and advances’ and ‘contingency fund’ of State Governments.
4. Combined and Centre's liabilities are inclusive of securities/treasury bills under market stabilisation scheme (MSS).
5. GDP data for 2023-24 is taken from Union Budget 2023-24.
Also see Notes on Tables.
Sources : 1. Budget documents of the Government of India.
2. Combined Finance and Revenue Accounts of the Union and the State Governments in India and Budget documents of the State Governments.

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