FX.co ★ India's Foreign Debt Rises to $717.9 Billion in Q4 2024

India's foreign debt continued its upward trajectory, climbing to $717.9 billion by the end of the fourth quarter of 2024. This marks a modest increase from the $711.8 billion recorded at the conclusion of the third quarter of the same year.

The latest figures, updated on March 28, 2025, reflect ongoing economic activity and borrowing patterns within the country. Observers note that while the increase represents a significant sum, it is a continuation of the nation's borrowing trend, possibly aimed at financing domestic growth initiatives and infrastructure projects.

Financial analysts will be keenly observing any future policy adjustments by the Indian government and Central Bank that may impact these figures. The continuing shift in debt levels is crucial for understanding India's economic health and fiscal strategies in an ever-evolving global market.