Key Highlights: At end-March 2020, India’s external debt was placed at US$ 558.5 billion, recording an increase of US$ 15.4 billion over its level at end-March 2019. The latest value from is percent. The external debt in India is classified as long-term debt and short-term debt. The external debt has recorded an increase of USD 15.4 billion over its level at end-March 2019, the RBI said. Thus, total external debt of India was at US $ 426 billion, including the government’s debt of US $ 76.4 billion at the end December, 2013. According to ‘India's External Debt: A Status Report: 2019-2020’ The ratio of foreign currency reserves to external debt stood at 85.5% in FY20. External debt refers to that part of a countrys debt which has been borrowed from foreign creditors. The external debt of India increased by 8.8 % from the March 2017 figure of US $471.9 billion. The average value for India during that period was 19.25 percent with a minimum of 11.1 percent in 1980 and a maximum of 33.16 percent in 1993. The National Debt of India. The share of concessional debt in total external debt, which was steady at around 45 per cent during the first half of the 1990s, declined to … The external debt stood at $543 billion at the end of March 2019. "Excluding the valuation effect, the increase in external debt would have been USD 32.0 billion instead … The debts of India’s states and local governments are not counted as part of the country’s national debt. For comparison, the world average in based on countries is 0.00 percent. India: External debt, percent of Gross National Income: For that indicator, we provide data for India from 1970 to 2019. According to the International Monetary Fund, India’s debt-to-GDP ratio was around 89.3 % in 2020 New Delhi [India], June 30 (ANI): The external debt of the country for the year ending March 2020 stood at USD 558.5 billion, the Reserve Bank of India (RBI) on Tuesday said. External debt as a percentage of GDP rose to 20.6% in FY20 from 19.8% a year ago. External debt, otherwise known as foreign debt, is the component of total debt held by creditors of the foreign nations. The external debt of India at the end of December 2017 was $513.4 billion. India’s external debt stood at $558.5 billion in March, an increase of $15.4 billion compared with the year-ago period, according to RBI data. India recorded a government debt equivalent to 69.62 percent of the country's Gross Domestic Product in the 2019-20 fiscal year. New Delhi: India's total external debt increased by 2.8 per cent to USD 558.5 billion at the end of March mainly on account of a rise in commercial borrowings, according to a report released by the Finance Ministry.The external debt stood at USD 543 billion at end-March 2019. India's external debt stands at USD 558.5 billion by end-Mar'20. The national debt of India is the money owed by India’s federal government, which is based in New Delhi. Government Debt to GDP in India averaged 68.26 percent from 1980 until 2019, reaching an all time high of 83.23 percent in 2003 and a record low of 47.94 percent in 1980. External debt is the portion of a country's debt that is borrowed from foreign lenders, including commercial banks, governments or international financial institutions. Commercial borrowings remained the largest component of external debt, with a share of 39.4 %, followed by non-resident deposits (23.4 %) and short-term trade credit (18.2 %).