Is debt part of GDP?

GDP is the total value of services and goods produced by a country in a year, whereas debt is the total amount of a country’s Government debt. Debt-to-GDP ratio shows the ability of a country to pay back its debts.You can read about The Reserve Bank of India: Functions and Composition in the given link.

Further readings:

  1. Debt-to-GDP Ratio: Definition, Application and India’s Context
  2. Topic-Wise GS 3 Questions for UPSC Mains

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