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24Peaks / Asia / India / Government Net Lending and Borrowing (% of GDP)

India - Government Net Lending and Borrowing (% of GDP) -5.26

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

-5.26 (2022)

Global rank

##90 of 158 economies

Share of global total

1.8%

Growth since 1974

58.44×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#20#902016 overtook Russia2018 overtook Solomon Islands
IndiaNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. India climbed from #20 to #90 (overtook Russia). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

1990
Fell 17 places in global rank auto
1991
Economic liberalisation curated

Balance-of-payments crisis triggers sweeping market reforms.

1993
Fell 18 places in global rank auto
1997
Fell 21 places in global rank auto
2007
Climbed 19 places in global rank auto
2008
Fell 42 places in global rank auto
2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2009
Climbed 17 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1974-2022

World Bank WDI · % of GDP · linear scale · ranking in the race above
197419841994200420142022-5.51-3.61-1.720.18

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Related indicators

Primary Balance (% of GDP), Gross Operating Balance (% of GDP), Current Account Balance

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