India: Tax revenue

India: Tax revenue, percent of GDP, 1974 - 2018:

For that indicator, we provide data for India from 1974 to 2018. The average value for India during that period was 9.76 percent with a minimum of 8.08 percent in 2001 and a maximum of 12.11 percent in 2007. The latest value from 2018 is 12.03 percent. For comparison, the world average in 2018 based on 128 countries is 17.13 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.