Government Spending in India decreased to 3358.44 INR Billion in the third quarter of 2022 from 4142.10 INR Billion in the second quarter of 2022. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India averaged 2384.52 INR Billion from 2004 until 2022, reaching an all time high of 4623.16 INR Billion in the first quarter of 2022 and a record low of 735.82 INR Billion in the second quarter of 2004. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Spending - values, historical data and charts - was last updated on January of 2023.

Government Spending in India is expected to be 4813.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Spending is projected to trend around 3608.00 INR Billion in 2024 and 3749.00 INR Billion in 2025, according to our econometric models.

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India Government Spending

Related Last Previous Unit Reference
Government Spending 3358.44 4142.10 INR Billion Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
3358.44 4142.10 4623.16 735.82 2004 - 2022 INR Billion Quarterly
2011-2012=100, NSA