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Date : Sep 15, 2018
Table 237 : Select Debt Indicators of the 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
1980-81 32.38 9.01 41.39 17.90 38.93 47.94
1981-82 31.77 10.00 41.77 18.01 38.92 48.92
1982-83 36.20 10.28 46.48 18.80 43.01 53.29
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 48.62 2.95 51.57 23.38 65.62 68.57
2016-17 47.25 2.68 49.93 23.79 65.47 68.15
2017-18 47.63 2.43 50.07 23.98 66.47 68.90
2018-19 46.49 2.17 48.65 24.25 66.14 68.30
Notes : 1. Data for 2017-18 are Revised Estimates and data for 2018-19 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. Data in respect of Combined finances are exclusive of NCT Delhi from 2005-06 onwards.
5. Combined and Centre’s liabilities are inclusive of securities/treasury bills under market stabilisation scheme (MSS).
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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