World Clock / Serbia / vs India

๐Ÿ‡ท๐Ÿ‡ธ Serbia vs ๐Ÿ‡ฎ๐Ÿ‡ณ India

Live side-by-side comparison of government debt. India currently owes about 131.8ร— more โ€” a gap of $3.45 trillion. Updated every second from IMF baselines.

๐Ÿ‡ท๐Ÿ‡ธ
Serbia
$26,392,796,497
Debt-to-GDP45%
Per citizen$3,825
Per second+$38
VS
๐Ÿ‡ฎ๐Ÿ‡ณ
India
$3,479,424,599,338
Debt-to-GDP82%
Per citizen$2,415
Per second+$7,200
In nominal terms, India carries the larger government debt โ€” roughly 131.8ร— that of Serbia, a difference of $3.45 trillion. Note that debt-to-GDP (Serbia: 45%, India: 82%) is the better measure of sustainability than the raw total.

Analysis

By total government debt, Serbia ranks 85th-largest and India ranks 8th-largest among the 137 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in Serbia is roughly 1.6× that in India ($3,825 vs $2,415 per person).

The debt-to-GDP picture is asymmetric here: India sits at 82% of GDP, well above Serbia's 45%, meaning India owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: India's debt is growing faster in dollar terms ($7K/sec vs $38/sec for Serbia), adding roughly $618,796,800 to the difference each day.

Scale is part of the story too: India's population (1.44B) is about 208.8× Serbia's (7M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (April 2026, general government gross debt) and World Bank IDS.
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