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Handbook of Statistics on Indian Economy
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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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