IndiaTrackerStates debt
State governments liabilities, % of GDP, end-March. Annual, per cent. Latest: 29.21 (FY26).
Level
per cent
About this series
| Series id | states_debt_pct_gdp |
| Source | RBI: Handbook of Statistics on the Indian Economy (tables 239, 240) |
| Coverage | FY86 to FY26 (41 observations) |
| Release | Handbook published each year (around August) |
| Updated by | Daily automated pipeline · pipelines/sources/rbi/general_government.py |
| Licence | Terms not yet reviewed; not offered for download |
| Notes | Total liabilities of all states, including reserve funds, deposits and advances, and contingency funds (Table 240). Period = 1 April of the financial year. |
| Checked against the official release | Not yet. Values come straight from the publisher, but no one has yet compared them with the press release. |
Download and cite
Not available for download (see licence).
Cite: IndiaTracker (2026). State governments liabilities, % of GDP, end-March [states_debt_pct_gdp]. Retrieved 1 Nov 2026. Original source: RBI.
Latest observations
| Period | Value | Note |
|---|---|---|
| FY26 | 29.21 | Budget Estimates |
| FY25 | 28.38 | Revised Estimates |
| FY24 | 28.11 | |
| FY23 | 28.24 | |
| FY22 | 29.14 | |
| FY21 | 31.00 | |
| FY20 | 26.62 | |
| FY19 | 25.33 | |
| FY18 | 25.12 | |
| FY17 | 24.75 | |
| FY16 | 23.37 | |
| FY15 | 21.69 | |
| FY14 | 22.00 | |
| FY13 | 22.23 | |
| FY12 | 22.82 | |
| FY11 | 23.50 | |
| FY10 | 25.45 | |
| FY09 | 26.11 | |
| FY08 | 26.63 | |
| FY07 | 28.91 | |
| FY06 | 31.08 | |
| FY05 | 31.28 | |
| FY04 | 31.79 | |
| FY03 | 31.01 |
Revisions
No revisions recorded since this series was added. When the publisher revises a past value, the old and new values appear here.