India’s external debt increased about 6% y-o-y to $663.8 billion in FY24
However, as a ratio to GDP, it declined to 18.7 per cent at end-March 2024 from 19 per cent at end-March 2023
However, as a ratio to GDP, it declined to 18.7 per cent at end-March 2024 from 19 per cent at end-March 2023