India recorded a Government Budget deficit equal to 4.59 percent of the country's Gross Domestic Product in the 2019-20 fiscal year.

Government Budget in India averaged -5 percent of GDP from 1970 until 2019, reaching an all time high of -2.53 percent of GDP in 1973 and a record low of -8.13 percent of GDP in 1986. This page provides - India Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Central Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in India is expected to reach -10.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Central Government Budget is projected to trend around -7.40 percent of GDP in 2021 and -6.70 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
India Central Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.59 -3.34 -2.53 -8.13 1970 - 2019 percent of GDP Yearly

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.62 68.30 83.23 47.94 percent [+]
Government Budget -4.59 -3.34 -2.53 -8.13 percent of GDP [+]
Government Budget Value -8703.00 -8213.49 -94.06 -10364.85 INR Billion [+]
Government Spending 4866.36 3807.47 4866.36 735.82 INR Billion [+]
Government Revenues 3773.06 2328.60 17507.27 0.82 INR Billion [+]
Fiscal Expenditure 12476.53 10542.09 26863.62 136.55 INR Billion [+]
Credit Rating 56.00 [+]
Military Expenditure 66578.00 64559.00 66578.00 2759.00 USD Million [+]
Government Spending To GDP 13.21 12.93 19.42 11.81 percent of GDP [+]


India Central Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.