Macro Economy Dashboards

This graph includes the indicators total government debt per person (Rs.) and total government debt as a percentage of GDP.

Total Government Debt comprises all outstanding financial obligations incurred by the central government, including domestic and external borrowing, as officially reported at the close of each calendar year. Debt per person is computed annually by dividing total government debt (converted from millions of Rupees to actual Rupees by multiplying by 1,000,000) by the total population for that year, providing a per capita measure of debt burden. Debt as a percentage of GDP is calculated by dividing a country’s total public debt by its nominal GDP and multiplying by 100. These indicators are crucial for assessing fiscal sustainability and the government’s debt repayment capacity. Debt per person highlights the burden on individuals, while the debt-to-GDP ratio is a key benchmark for a country’s creditworthiness.