Household debt as a percentage of GDP in India 2013-2023

Published by Statista Research Department, May 15, 2024

In 2023, household debt as a percentage of GDP was 14.68 percent in India. It increased compared to the previous year when the ratio stood at 14.26 percent. Over the past decade, the household debt-to-GDP ratio in India has exhibited a consistent upward trend, with a slight decline in 2022.

Household debt as a percentage of GDP in India from 2013 to 2023

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Release date

April 2024

Region

India

Survey time period

2013 to 2023

Special properties

household debt as a percentage of nominal GDP

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