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India - Subnational Government Liabilities 919.25B

World Bank LGBD (via DATA360) · updated 2026-10-15 · 14 economies tracked

Latest value

919.25B (2023)

Global rank

##1 of 14 economies

Share of global total

68.4%

Growth since 2016

1.89×

Ranking Race — Subnational Government Liabilities

1 = global #1 · higher value ranks higher

#1#2#3#4#5#6#7#8#9#10201620212023#1#1
IndiaBrazilMexicoPolandTürkiye

Real annual global ranks, 2016 - 2023. India climbed from #1 to #1. Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

Subnational Government Liabilities, 2016-2023

World Bank LGBD (via DATA360) · local currency (XDC) · linear scale · ranking in the race above
201620212023485.97B630.40B774.82B919.25B

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