Global Development Finance 2011: External Debt of Developing Countries

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INDIA (US$ million, unless otherwise indicated) 1990

1995

2000

2005

2006

2007

2008

2009

External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term

85,661 74,346 72,858 1,488 2,771 8,544 0

95,174 87,709 81,091 6,618 2,416 5,049 0

100,243 96,781 81,195 15,586 0 3,462 0

120,224 111,408 54,729 56,680 0 8,816 0

158,493 133,396 60,035 73,361 0 25,097 0

202,793 166,700 69,719 96,980 0 36,093 0

224,713 180,891 74,967 105,925 0 43,821 0

237,692 194,741 76,531 118,211 0 42,950 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

0 72,317 2,029 8,606

0 80,631 7,078 4,914

0 80,709 16,072 10,707

0 54,600 56,808 2,491

0 59,926 73,470 4,557

0 69,624 97,076 11,530

0 74,809 106,082 3,722

0 76,361 118,380 0

External debt flows Disbursements Long-term external debt IMF purchases

8,255 6,533 1,723

7,147 7,147 0

10,556 10,556 0

19,380 19,380 0

32,426 32,426 0

64,455 64,455 0

37,566 37,566 0

22,778 22,778 0

Principal repayments Long-term external debt IMF repurchases

3,345 2,633 713

8,676 6,949 1,727

6,728 6,702 25

19,384 19,384 0

12,412 12,412 0

32,097 32,097 0

23,667 23,667 0

10,728 10,728 0

Net flows Long-term external debt Short-term external debt

5,953 3,900 1,043

-745 197 785

3,358 3,854 -471

1,949 -3 1,952

36,295 20,014 16,281

43,355 32,359 10,996

21,628 13,899 7,728

11,179 12,050 -871

Interest payments Long-term external debt IMF charges Short-term external debt

4,796 3,766 131 899

4,931 4,363 183 385

4,193 4,007 1 185

4,509 4,196 0 314

4,947 4,523 0 424

7,268 5,486 0 1,782

7,269 5,706 0 1,563

5,422 4,867 0 555

237 0

2,144 1,590

3,584 2,481

7,606 12,151

20,336 9,509

25,127 34,986

41,169 -15,030

34,577 21,111

1. Summary external debt data

2. Other non-debt resource inflows Foreign direct investment Portfolio equity

3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. 9.9 6.1 0.7 59.6

.. 15.1 4.7 0.9 52.0

.. 12.6 3.8 0.3 66.3

7.4 20.0 3.7 0.3 65.6

7.0 20.3 3.1 0.3 66.1

6.4 19.1 2.5 0.2 67.3

5.5 22.9 2.1 0.2 64.4

5.3 21.6 1.9 0.1 65.2

3.9 28.7 8.4

3.5 26.7 8.3

5.5 24.0 6.6

2.9 25.2 7.2

2.9 28.2 5.1

3.4 24.2 6.2

1.8 26.5 5.4

1.1 27.8 6.5

6.8 15.0 7.3

5.7 5.9 4.8

4.3 5.1 4.8

4.6 3.5 3.5

5.8 3.1 1.4

6.4 10.1 3.9

4.5 7.8 2.3

3.6 3.4 2.5

313,262 23,347 2,384 33,220 0 -7,036 5,637

352,268 39,499 6,223 53,444 0 -5,563 22,865

455,206 62,453 12,883 80,489 .. -4,601 41,059

831,296 160,348 22,125 194,274 5,244 -10,284 137,825

942,594 201,697 28,334 239,713 7,738 -9,299 178,050

1,227,861 248,928 37,217 297,356 10,526 -11,284 276,578

1,209,613 306,451 49,941 390,745 10,141 -36,088 257,423

1,304,800 274,404 49,256 323,960 .. .. 284,683

366.9 27.3 34.9 10.0 25.8 6.6 2.0

241.0 27.0 34.4 5.3 31.6 24.0 5.1

160.5 22.0 17.5 3.5 30.4 41.0 6.1

75.0 14.5 14.9 7.3 26.2 114.6 8.5

78.6 16.8 8.6 15.8 21.7 112.3 8.9

81.5 16.5 15.8 17.8 18.3 136.4 11.2

73.3 18.6 10.1 19.5 17.5 114.6 7.9

86.6 18.2 5.9 18.1 17.5 119.8 10.5

4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)

5. Major economic aggregates Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves

6. Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)

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