India vs Iran

India vs Iran: Government debt

Government debt in 2024: 84.8% of GDP in India and 31.2% of GDP in Iran, by IMF estimates. In 2024 the value was higher in India, by 53.6 percentage points, or 2.72 times that in Iran.

% of GDP · IMF

India vs Iran: Government debtGovernment debt in 2024: 84.8% of GDP in India and 31.2% of GDP in Iran, by IMF estimates. In 2024 the value was higher in India, by 53.6 percentage points, or 2.72 times that in Iran.
IndiaIranIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • India has been higher in every year both have figures for since 1996.
  • The IMF projection (World Economic Outlook, October 2026) puts India at 75.1% of GDP and Iran at 43.4% of GDP in 2031.

Every year

% of GDP · IMF

YearIndiaIran
202484.831.2
202384.829.6
202284.434.5
202185.539.9
202090.447.1
201976.544.6
201871.641.6
201770.743.2
201669.846
201569.732.1
201467.610.9
20136810.2
201268.111.8
201168.710.6
201067.712.8
200972.711.5
200874.310.6
200775.413.5
200677.915.2
200582.418.3
200484.921.1
200385.922
200284.323.4
200180.121
200074.918.2
199971.322.2
199869.329.6
19976930.9
199667.129.3
199570.9–
199474.8–
199378.3–
199278.8–
199176.7–
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearIndiaIran
202584.335.6
202683.139.1
202781.340.2
202879.940.8
202978.441.7
20307742.7
203175.143.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

India vs Iran

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