Indians External Debt-as of June 2025

1. Overall Debt Position

• Total Debt: External debt of India, used at the end of June 2025, was USD 747.2 billion.
• Quarterly Change: It is an increment of USD 11.2 billion over the end of March 2025.
• Valuation Effect: There was a 5.1 billion growth as a result of the weakening of the US dollar against other major currencies.

2. Key Metrics and Composition

• Debt -to-GDP Ratio: marginally better (moderated) to 18.9 percent compared to 19.1 percent, which shows that the economy is increasing more rapidly than the debt.
• Currency Composition:
  • US Dollar: 53.8% (largest component)
  • Indian Rupee: 30.6%
  • Japanese Yen: 6.6%
• Borrower Profile:
  • It is being pushed by the non-government sector, but the biggest proportions belong to Non-Financial Corporations (35.9%), Banks (27.4%).
  • General Government debt declined.
• Instrument Type: The largest parts are Loans (34.8%), Currency and Deposits (23).

3. Sustainability Indicator

• Debt Service Ratio: The ratio was steady at a stable 6.6 meaning that the current receipts were used to settle principal and interest debt.