India's External Debt Reaches $747.2 Billion in June 2025: RBI Report Shows Improved Debt-to-GDP Ratio

Oct 01, 2025 02:55 am CST

According to the latest Reserve Bank of India data, India's external debt rose to $747.2 billion at the end of June 2025, an $11.2 billion increase from March 2025. Despite this growth, the external debt to GDP ratio improved to 18.9% from 19.1%. Long-term debt increased by $10.3 billion, while short-term debt's share in total external debt declined to 18.1%. US dollar-denominated debt continues to dominate at 53.8% of the total composition.