India's fiscal deficit widened to INR 7.71 trillion in April 2018-January 2019 from INR 6.77 trillion in the same period of the previous fiscal year. Total expenditures went up 8.8 percent to INR 20 trillion and revenues rose at a slower 5.8 percent to INR 12.31 trillion. The budget gap is equivalent to 121.5 percent of the government’s target for the whole financial year, compared with 113.7 percent a year ago. The government recently revised up its target for the current financial year to 3.4 percent from 3.3 percent. Government Budget Value in India averaged -2100.21 INR Billion from 1997 until 2019, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -7708.45 INR Billion in January of 2019.

Government Budget Value in India is expected to be -4878.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in India to stand at -5800.00 in 12 months time. In the long-term, the India Central Government Budget Value is projected to trend around -6208.00 INR Billion in 2020, according to our econometric models.

India Central Government Budget Value
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-30 11:30 AM Government Budget Value INR -6490B INR -5947B INR -4784.3B
2018-12-27 10:30 AM Government Budget Value INR -7166B INR -6490B INR -4653.1B
2019-02-04 10:45 AM Government Budget Value INR -7015B INR -7166B
2019-02-26 11:10 AM Government Budget Value INR-7708.45B INR -7015B
2019-03-29 10:00 AM Government Budget Value INR-7708.45B
2019-04-30 01:45 PM Government Budget Value
2019-05-31 01:45 PM Government Budget Value


India Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.70 69.60 84.20 66.00 percent [+]
Government Budget -3.53 -3.52 -2.53 -8.13 percent of GDP [+]
Government Budget Value -7708.45 -7014.57 -94.06 -7708.45 INR Billion [+]
Government Spending 3410.32 4085.79 4085.79 735.82 INR Billion [+]
Government Revenues 12307.37 11305.76 15510.04 0.82 INR Billion [+]
Fiscal Expenditure 20015.82 18320.33 21426.67 136.55 INR Billion [+]
Military Expenditure 59757.10 56637.60 59757.10 2590.70 USD Million [+]
Credit Rating 47.56 [+]
Government Spending To GDP 12.74 13.27 19.42 11.81 percent of GDP [+]


India Central Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In India, government budget value refers to the cumulative amount of the central government fiscal deficit for current fiscal year. This page provides the latest reported value for - India Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Central Government Budget Value - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7708.45 -7014.57 -94.06 -7708.45 1997 - 2019 INR Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina 6726.40 Feb/19
Australia -8208.00 Jan/19
Brazil 26044.00 Jan/19
Canada 2452.00 Dec/18
China -42.10 Jan/19
France -17.26 Jan/19
Germany 5.87 Sep/18
India -7708.45 Jan/19
Indonesia -259900.00 Dec/18
Italy 16.61 Jan/19
Japan -60963.00 Sep/18
Mexico -42740.00 Jan/19
Netherlands 1.50 Dec/18
Russia 309.63 Feb/19
Saudi Arabia -238494.00 Dec/17
Singapore 657.90 Jan/19
South Africa -64891.00 Jan/19
South Korea 6893.00 Jan/19
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey 5910703.00 Jan/19
United Kingdom 19422.00 Jan/19
United States 8683.00 Jan/19


Related

Latest