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India’s External Debt in FY26
July 5 , 2026
13 hrs 0 min
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- As per Reserve Bank of India (RBI) data for FY26, India’s external debt increased to $762.8 billion, along with a rise in the debt-to-GDP ratio to 20.8%.
- India’s external debt stood at $762.8 billion in FY26, marking an increase of $26.3 billion compared to FY25.
- The external debt-to-GDP ratio rose from 19.8% to 20.8% during the same period.
- External debt includes borrowings by the government, banks, and the private sector from foreign sources.
- The increase was influenced by higher overseas borrowings and global currency valuation effects.
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