Global public debt to rise to 100% of GDP by 2029: RBI governor
Rising debt-to-GDP ratios in major economies raise sustainability concerns and place pressure on central banks to facilitate the financing of substantial public debts.
indias public debt
October 2024
December 2022
Economic rebound, inflation pushed India’s debt down by 10 percentage points of GDP in 2021: IMF
Apart from India, other countries such as Brazil, Canada, and the United States have also witnessed a fall in their debt levels by 10 percentage points of their GDP.
