India Government Budget: Revenues and Spending
India Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -642826 INR Billion | -7727.76 B USD | Aug/23 |
| Government Spending | 4083 INR Billion | 49.084 B USD | 2Q/23 |
| Government Revenues | 1028931 INR Billion | 12369.338 B USD | Aug/23 |
| Government Budget to GDP | -6.44 % | 2022 |
| Government Spending to GDP | 15.29 % | 2022 |
Latest data on Government Budget Value (INR Billion)
How much is India Government Budget?
- The deficit of government budget in India decreased to 642826 INR Billion (7727.76 B USD) in August 2023. The maximum surplus was -9406 INR Billion and deficit was -1821461 INR Billion.
- Data published Monthly by Controller General of Accounts.
Historical Data (INR Billion) by years
Data
Period
Date
| -642826 | Aug/23 | 29.09.2023 |
| -605593 | Jul/23 | 31.08.2023 |
| -451370 | Jun/23 | 31.07.2023 |
| -210287 | May/23 | 30.06.2023 |
| -133595 | Apr/23 | 31.05.2023 |
| -1453862 | Feb/23 | 31.03.2023 |
| -1190805 | Jan/23 | 28.02.2023 |
| -992980 | Dec/22 | 31.01.2023 |
Historical Chart by presidents (INR Billion)
Government Budget Value in India by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Ram Kovind | 25.07.2017 - | -5048.9600 | -1519.6700 | -1519.6700 | -7156.9900 | -69.90% |
| Pranab Mukherjee | 25.07.2012 - 25.07.2017 | -2644.3200 | -4416.8500 | -936.1200 | -6056.1400 | 67.03% |
| Pratibha Patil | 25.07.2007 - 25.07.2012 | -1294.0800 | -1904.6000 | -329.3900 | -5097.3100 | 47.18% |
| Avul Jainulabdeen | 25.07.2002 - 25.07.2007 | -595.2700 | -1124.0400 | -171.4000 | -1464.3500 | 88.83% |
| Kocheril Narayanan | 25.07.1997 - 26.07.2002 | -319.9100 | -395.6000 | -122.5500 | -1409.5400 | 23.66% |
| Shankar Sharma | 26.07.1992 - 27.07.1997 | -94.0600 | -237.9600 | -94.0600 | -237.9600 | 152.99% |
Latest data on Government Spending (INR Billion)
What is current India Government Spending?
- Government Spending in India decreased to 4083 INR Billion (49.084 B USD) in the second quarter of 2023. The maximum volume was 4866 INR Billion and minimum was 736 INR Billion
- Data published Quarterly by Ministry of Statistics and Programme Implementation.
Historical Data (INR Billion) by years
Data
Period
Date
| 4083 | 2Q/23 | 07.09.2023 |
| 4853 | 1Q/23 | 31.05.2023 |
| 3477 | 4Q/22 | 28.02.2023 |
| 3358 | 3Q/22 | 30.11.2022 |
| 4142 | 2Q/22 | 03.09.2022 |
| 4623 | 1Q/22 | 31.05.2022 |
| 3564 | 4Q/21 | 05.03.2022 |
| 3616 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (INR Billion)
Government Spending in India by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Ram Kovind | 25.07.2017 - | 3021.6100 | 3310.3100 | 3962.8400 | 3021.6100 | 9.55% |
| Pranab Mukherjee | 25.07.2012 - 25.07.2017 | 2867.6500 | 3910.8000 | 3910.8000 | 1893.6800 | 36.38% |
| Pratibha Patil | 25.07.2007 - 25.07.2012 | 907.6300 | 2293.6600 | 2866.8800 | 907.6300 | 152.71% |
| Avul Jainulabdeen | 25.07.2002 - 25.07.2007 | 735.8200 | 1053.0900 | 1180.5600 | 735.8200 | 43.12% |
Latest data on Government Revenues (INR Billion)
How much is India Government Revenue?
- Government Revenues in India increased to 1028931 INR Billion (12369.338 B USD) in August 2023. The maximum volume was 1750727 INR Billion and minimum was 82 INR Billion
- Data published Monthly by Controller General of Accounts.
Historical Data (INR Billion) by years
Data
Period
Date
| 1028931 | Aug/23 | 29.09.2023 |
| 775107 | Jul/23 | 31.08.2023 |
| 599291 | Jun/23 | 31.07.2023 |
| 415691 | May/23 | 30.06.2023 |
| 170501 | Apr/23 | 31.05.2023 |
| 2039728 | Feb/23 | 31.03.2023 |
| 1976843 | Jan/23 | 28.02.2023 |
| 1825100 | Dec/22 | 31.01.2023 |
Historical Chart by presidents (INR Billion)
Government Revenues in India by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Ram Kovind | 25.07.2017 - | 714.5000 | 714.5000 | 714.5000 | 714.5000 | 0.00% |
Latest data on Government Budget to GDP (%)
What is the deficit of India Government Budget?
- The deficit of Current Account to GDP in India increased to 6.44 % in 2022. The maximum surplus was -2.53 % and deficit was -9.4 %.
- Data published Yearly by Reserve Bank.
Historical Data (%) by years
Data
Period
Date
| -6.44 | 2022 | 20.04.2023 |
| -6.9 | 2021 | 20.10.2022 |
| -9.4 | 2020 | 01.02.2021 |
| -4.59 | 2019 | 03.02.2020 |
| -3.42 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Government Budget to GDP in India by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Spending to GDP (%)
What is India government spending ratio to GDP?
- Government Spending to GDP in India decreased to 15.29 % in 2022. The maximum level was 19.42 % and minimum was 11.81 %.
- Data published Yearly by Reserve Bank.
Historical Data (%) by years
Data
Period
Date
| 15.29 | 2022 | 04.05.2023 |
| 15.93 | 2021 | 20.10.2022 |
| 17.6 | 2020 | 24.06.2021 |
| 13.21 | 2019 | 03.02.2020 |
| 13.04 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Government Spending to GDP in India by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in India
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2021 | 89.26 % | 89.41 |
| Fiscal Expenditure | Aug/23 | 20097.098 B USD | 16598.145 |
| Military Expenditure | 2022 | 81.363 B USD | 76.348 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 5.06 % | -6.23 |
| Jordan | 2022 | -4.6 % | -5.4 |
| Kyrgyzstan | 2022 | -1.1 % | -0.2 |
| Mongolia | 2022 | -1.9 % | -6.8 |
| Nepal | 2022 | -5.4 % | -6.1 |
| Palestine | 2022 | 3.6 % | 1.9 |
| Tajikistan | 2022 | 0.3 % | 0.2 |
| Cambodia | 2021 | -7.3 % | -3.7 |
| China | 2022 | -7.4 % | -6.1 |
| Georgia | 2022 | -3 % | -6 |
| India | 2022 | -6.44 % | -6.72 |
| Israel | 2022 | 0.6 % | -4.4 |
| Pakistan | 2022 | -7.9 % | -6.1 |
| South Korea | 2022 | -7 % | -5.2 |
| Taiwan | 2021 | -0.5 % | -2.9 |
| Vietnam | 2021 | -3.41 % | -3.2 |
| Maldives | 2022 | -14.3 % | -13.8 |
| Armenia | 2022 | -2.5 % | -4.6 |
| Hong Kong | 2022 | -5 % | -3.6 |
| Indonesia | 2022 | -2.38 % | -4.65 |
| Japan | 2022 | -6.4 % | -5.1 |
| Kazakhstan | 2022 | -2.3 % | -5 |
| Lebanon | 2020 | -3.5 % | -10.4 |
| Malaysia | 2022 | -5.6 % | -6.4 |
| Philippines | 2022 | -7.3 % | -8.6 |
| Qatar | 2022 | 0 % | 0.2 |
| Singapore | 2022 | -0.3 % | -0.9 |
| Sri Lanka | 2022 | -10.2 % | -11.7 |
| Thailand | 2022 | -4.9 % | -9.1 |
| Oman | 2022 | 2.6 % | -3.6 |
| Iran | 2022 | -4 % | -4.2 |
| Laos | 2022 | -0.3 % | -1.3 |
| Azerbaijan | 2022 | -1 % | -1.1 |
| Kuwait | 2022 | 11.6 % | 2.3 |
| Saudi Arabia | 2022 | 2.5 % | -2.3 |
| Bahrain | 2022 | -5.6 % | -11.6 |
| United Arab Emirates | 2021 | 0.8 % | -4.9 |
| Yemen | 2018 | -4.4 % | -4.8 |
| Turkmenistan | 2022 | 1 % | -0.3 |
| Uzbekistan | 2022 | -4 % | -6 |
| Iraq | 2022 | 6.4 % | -0.4 |
| Syria | 2012 | -11.4 % | -1.14 |
| Afghanistan | 2021 | -4.5 % | -3.4 |
| Bhutan | 2022 | -7.8 % | -6.3 |
| Brunei | 2021 | -5.4 % | -19.6 |
| Mauritius | 2021 | -5.4 % | -5.6 |
