India's External Debt to GDP Ratio Explained
The external debt to GDP ratio is an important financial metric used to evaluate a country's economic health and its ability to manage its foreign debts. It represents the total amount of external debt a country owes, compared to the total value of goods and services it produces in a year (Gross Domestic Product).
Key Data Point for September 2024:
- India's external debt to GDP ratio was reported to be 19.4% as of the end of September 2024.
This figure indicates the proportion of the national economy that is represented by external liabilities. A lower ratio generally suggests better financial stability and a lower risk of debt default.
Important Questions from External Sector
Which function is used to calculate the maximum value in a selected column in MS Excel?
- Anti-dumping and anti-subsidies & countervailing measures in India are administered by which Ministry?
- In April 2025, India's trade deficit with which country widened to a record $99.2 billion?
- Which of the following could be the factors that led Foreign Portfolio Investors (FPIs) to withdraw significant funds from Indian equities according to the Economic Survey 2024-25?
1. Slowing earnings growth
2. High valuations
3. Rising geopolitical tensions What is the projected annual growth rate of India-UK bilateral trade under the new Free Trade Agreement (FTA)?
