FY24 Debt Report: Top 10 Indian States with Highest Debt-to-GDP Ratio
Arunachal Pradesh
Arunachal Pradesh with GSDP of Rs 37,870 crore has the highest debt to GDP ratio of 53%
Punjab
Punjab with GSDP of Rs 6.98 lakh crore has debt to GDP ratio of 46.8%
Nagaland
The North-eastern state with around Rs 37 thousand crore GSDP has debt to GDP ratio of 41.6%
Manipur
The debt to GDP ratio of Manipur that has Rs 45 thousand crore GSDP is 40%
Meghalaya
Another north-eastern state with around Rs 46 thousand crore GSDP has a debt to GDP ratio of 39.9%
Himachal Pradesh
Himachal Pradesh with Rs 2.14 lakh crore GSDP has a debt to GDP ratio of 39%
Mizoram
Mizoram's GSDP is around Rs 35 thousand crore. Its debt to GDP ratio is 37.8%
West Bengal
The GSDP of West Bengal is Rs 17.19 lakh crore whose debt to GDP ratio is 17.19%
Rajasthan
Rajasthan with GSDP Rs 15.7 lakh crore has a debt to GDP ratio of 36.8%
Bihar
Bihar with Rs 8.59 lakh crore GSDP has a debt to GDP ratio of 35.7%