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India - Government Debt (MPO) 80.79

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

80.79 (2028)

Global rank

##118 of 142 economies

Share of global total

1.0%

Growth since 1990

1.12×

Ranking Race — Government Debt (MPO)

1 = global #1 · lower value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#15#1182024 overtook Pakistan2027 overtook Zambia
IndiaZimbabweHaitiAfghanistanSomalia, Federal Republic of

Real annual global ranks, 1980 - 2028. India climbed from #15 to #118 (overtook Pakistan). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2024
Overtook Pakistan in global rank auto
2027
Overtook Zambia in global rank auto

Government Debt (MPO), 1990-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
1990200020102020202867.7175.8984.0792.25

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