Government Spending in India increased to 4725.76 INR Billion in the third quarter of 2019 from 4218.93 INR Billion in the second quarter of 2019. Government Spending in India averaged 2142.85 INR Billion from 2004 until 2019, reaching an all time high of 4725.76 INR Billion in the third quarter of 2019 and a record low of 735.82 INR Billion in the second quarter of 2004. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India is expected to be 3781.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in India to stand at 5009.00 in 12 months time. In the long-term, the India Government Spending is projected to trend around 5575.00 INR Billion in 2020, according to our econometric models.

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India Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4725.76 4218.93 4725.76 735.82 2004 - 2019 INR Billion Quarterly
2011-2012=100, NSA

India Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.30 68.90 83.23 47.94 percent [+]
Government Budget -3.42 -3.53 -2.53 -8.13 percent of GDP [+]
Government Budget Value -8078.34 -7204.45 -94.06 -8514.99 INR Billion [+]
Government Spending 4725.76 4218.93 4725.76 735.82 INR Billion [+]
Government Revenues 10122.23 9344.60 16660.55 0.82 INR Billion [+]
Fiscal Expenditure 18200.57 16549.05 23114.22 136.55 INR Billion [+]
Military Expenditure 66578.00 64559.00 66578.00 2759.00 USD Million [+]
Credit Rating 57.00 [+]
Government Spending To GDP 13.04 13.22 19.42 11.81 percent of GDP [+]