
India: Government spending, percent of GDP
* indicates monthly or quarterly data series
India |
Government spending as percent of GDP |
---|---|
Latest value | 10.49 |
Reference | 2022 |
Measure | percent |
Source | The World Bank |
For that indicator, we provide data for India from 1960 to 2022. The average value for India during that period was 10.16 percent with a minimum of 6.57 percent in 1960 and a maximum of 12.18 percent in 1999.
The latest value from 2022 is 10.49 percent. For comparison, the world average in 2022 based on 125
countries is 16.22 percent.
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* indicates monthly or quarterly data series
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The government size of India and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.