India: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 7364.38 billion Indian Rupee as of Q4 2024, a decline compared to the previous value of 7803.96 billion Indian Rupee. Historically, the average for India from Q2 2011 to Q4 2024 is 4844.17 billion Indian Rupee. The minimum of 1955.28 billion Indian Rupee was recorded in Q2 2011, while the maximum of 9682.98 billion Indian Rupee was reached in Q1 2024.
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* indicates monthly or quarterly data series
- Measure: billion Indian Rupee
- Source: Ministry of Statistics and Program Implementation of India
| Recent values | India: Government expenditure, billion currency units |
|---|---|
| 2024 Q4 | 7364.38 |
| 2024 Q3 | 7803.96 |
| 2024 Q2 | 7908.75 |
| 2024 Q1 | 9682.98 |
| 2023 Q4 | 6485.79 |
| 2023 Q3 | 7253.01 |
| 2023 Q2 | 7621.19 |
| 2023 Q1 | 8726.85 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 10.50 | 2023 | percent |
| Government spending, in dollars | 370.69 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -8.32 | 2023 | percent |
| Government debt | 83.02 | 2023 | percent |
| Government expenditure | 7,364.38 | Q4/2024 | billion |
| Long-term interest rate | 6.78 | 12/2024 | percent |
| Tax revenue | 12.02 | 2018 | percent |
| Commercial tax rate | 49.70 | 2019 | percent |
| Tax preparation time | 252 | 2019 | hours |
| Number of taxes | 11 | 2019 | taxes |
| Taxes on goods and services | 40.87 | 2018 | percent |
| Taxes on international trade | 4.51 | 2018 | percent |
| Income and profits taxes | 45.65 | 2018 | percent |
| Foreign aid | 2,831.24 | 2022 | million U.S. dollars |