India: Fiscal balance, percent of GDP

(measure: percent; Source: Reserve Bank of India)
* indicates monthly or quarterly data series

India: Fiscal balance, percent of GDP

, 1988 - 2019: For that indicator, we provide data for India from 1988 to 2019. The average value for India during that period was -7.73 percent with a minimum of -11.23 percent in 2003 and a maximum of -4.51 percent in 2007. The latest value from is percent. For comparison, the world average in based on countries is 0.00 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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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