The Union government's outstanding liabilities (borrowings and other obligations accumulated over the years) as a share of GDP.
| Period | Value | Status | Base |
|---|---|---|---|
| 2026-27 | 55.6 | Budget estimate | |
| 2025-26 | 56.1 | Budget estimate | |
| 2024-25 | 56.8 | Budget estimate | |
| 2021-22 | 57.0 | Actual | |
| 2020-21 | 61.0 | Actual | |
| 2018-19 | 46.5 | ||
| 2017-18 | 47.6 | ||
| 2016-17 | 47.6 | ||
| 2015-16 | 50.0 | ||
| 2014-15 | 49.9 | ||
| 2013-14 | 50.3 | ||
| 2012-13 | 50.7 | ||
| 2011-12 | 51.6 | ||
| 2010-11 | 51.6 | ||
| 2009-10 | 55.3 | ||
| 2008-09 | 57.3 | ||
| 2007-08 | 57.5 | ||
| 2006-07 | 59.7 | ||
| 2005-06 | 62.2 | ||
| 2004-05 | 62.6 | ||
| 2003-04 | 62.2 | ||
| 2002-03 | 62.5 | ||
| 2001-02 | 59.0 | ||
| 2000-01 | 55.0 | ||
| 1999-00 | 51.4 | ||
| 1998-99 | 50.3 | ||
| 1997-98 | 50.4 | ||
| 1996-97 | 45.7 | ||
| 1995-96 | 47.5 | ||
| 1994-95 | 49.6 | ||
| 1993-94 | 51.8 | ||
| 1992-93 | 49.7 | ||
| 1991-92 | 50.0 | ||
| 1990-91 | 50.8 |
Debt is the stock that deficits add to. India's central debt rose to 61% of GDP in 2020-21 and the government now aims for about 50% by March 2031.
Years in which the Budget documents did not state the figure are left blank, not filled. The 2020-21 and 2021-22 figures are quoted in whole per cent; later ones to one decimal, and each estimate is the Budget's own at the time. Guarantees and state debt are not included.