India: Short-term external debt

* indicates monthly or quarterly data series
 India

Short-term debt, percent of total external debt

 Latest value 20.94
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 10.39
 Min - Max 2.76 - 23.78
 Source The World Bank
For that indicator, we provide data for India from 1970 to 2022. The average value for India during that period was 10.39 percent with a minimum of 2.76 percent in 2001 and a maximum of 23.78 percent in 2012. The latest value from 2022 is 20.94 percent. For comparison, the world average in 2022 based on 120 countries is 11.18 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
India - Short-term external debt - Recent values chart

Historical chart
India - Short-term external debt - historical chart - 1970-2022




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.

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 Related indicators Latest value Reference Measure
 Terms of trade 90.74 2021 percent
 Trade openness 49.04 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 22.79 2022 percent
 Exports, billion dollars 777.14 2023 billion U.S. dollars
 Growth of exports 13.57 2022 percent
 Imports, percent of GDP 26.44 2022 percent
 Imports, billion dollars 850.64 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.46 2022 percent
 Foreign Direct Investment, billion dollars 49.94 2022 billion U.S. dollars
 Portfolio investment inflows, equities 21,427.09 2023 million dollars (current)
 Current account, percent of GDP -1.20 2023 percent
 Current account, in dollars -32.34 2023 billion U.S. dollars
 Trade balance, percent of GDP -3.66 2022 percent
 Trade balance, in dollars -86.26 2023 billion U.S. dollars
 Reserves 567.30 2022 billion U.S. dollars
 Remittances, percent of GDP 3.26 2022 percent
 Remittances 111,221.78 2022 million U.S. dollars
 Net errors and omissions -315.99 2023 million USD
 External debt 18.42 2022 percent
 Short-term external debt 20.94 2022 percent
 Short-term debt to reserves 22.77 2022 percent
 Foreign exchange reserves 48,983.36 9/2023 billion
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