India vs United Arab Emirates: Government debt

Government debt: 84.8% of GDP in India in 2024 and 33.9% of GDP in United Arab Emirates in 2025, by IMF estimates. In 2024 the value was higher in India, by 51.6 percentage points, or 2.55 times that in United Arab Emirates.

Watch it change on the map

% of GDP · IMF

IndiaUnited Arab EmiratesIMF projection (World Economic Outlook, October 2026)

What the numbers say

India has been higher in every year both have figures for since 1999.
The IMF projection (World Economic Outlook, October 2026) puts India at 75.1% of GDP and United Arab Emirates at 26.1% of GDP in 2031.

Every year

% of GDP · IMF

Year	India	United Arab Emirates
2025	84.3	33.9
2024	84.8	33.2
2023	84.8	31.9
2022	84.4	31.5
2021	85.5	35.7
2020	90.4	30.1
2019	76.5	25.8
2018	71.6	20.7
2017	70.7	21.2
2016	69.8	18.6
2015	69.7	15.6
2014	67.6	13.5
2013	68	15.3
2012	68.1	20.2
2011	68.7	20.4
2010	67.7	18.3
2009	72.7	21.1
2008	74.3	8.9
2007	75.4	8.9
2006	77.9	5.1
2005	82.4	4.5
2004	84.9	4.1
2003	85.9	3.3
2002	84.3	3.4
2001	80.1	2.7
2000	74.9	3.1
1999	71.3	4.7
1998	69.3	–
1997	69	–
1996	67.1	–
1995	70.9	–
1994	74.8	–
1993	78.3	–
1992	78.8	–
1991	76.7	–

12.3Projected

IMF projection (World Economic Outlook, October 2026) · 2026–2031

Year	India	United Arab Emirates
2026	83.1	32.8
2027	81.3	30.8
2028	79.9	29
2029	78.4	27.4
2030	77	27
2031	75.1	26.1

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.
Ranks count the 149 countries with a value in 2025, highest first.

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

India vs United Arab Emirates

Health

People

Economy

Education

Politics

Conflict

Deaths in conflictsIndia: 358 deaths in 2022United Arab Emirates: 3 deaths in 2022