For that indicator, we provide data for India from 1970 to 2021. The average value for India during that period was 10.18 percent with a minimum of 2.76 percent in 2001 and a maximum of 23.78 percent in 2012.
The latest value from 2021 is 18.7 percent. For comparison, the world average in 2021 based on 119
countries is 10.47 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.