India: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 India

Fiscal balance, percent of GDP

 Latest value -13.5
 Reference 2020
 Measure percent
 Source Reserve Bank of India

For that indicator, we provide data for India from 1988 to 2020. The average value for India during that period was -7.93 percent with a minimum of -13.5 percent in 2020 and a maximum of -4.51 percent in 2007. The latest value from 2020 is -13.5 percent. For comparison, the world average in 2020 based on 169 countries is -6.66 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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