Government Spending in India decreased to 3410.32 INR Billion in the fourth quarter of 2018 from 4085.79 INR Billion in the third quarter of 2018. Government Spending in India averaged 2040.94 INR Billion from 2004 until 2018, reaching an all time high of 4085.79 INR Billion in the third quarter of 2018 and a record low of 735.82 INR Billion in the second quarter of 2004.
Government Spending in India is expected to be 3559.00 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 4529.00 in 12 months time. In the long-term, the India Government Spending is projected to trend around 5127.00 INR Billion in 2020, according to our econometric models.