
India: Government spending, in dollars
* indicates monthly or quarterly data series
India |
Government spending, billion USD |
---|---|
Latest value | 360.49 |
Reference | 2021 |
Measure | billion U.S. dollars |
Source | The World Bank |
For that indicator, we provide data for India from 1960 to 2021. The average value for India during that period was 75.56 billion U.S. dollars with a minimum of 2.43 billion U.S. dollars in 1960 and a maximum of 360.49 billion U.S. dollars in 2021.
The latest value from 2021 is 360.49 billion U.S. dollars. For comparison, the world average in 2021 based on 125
countries is 68.16 billion U.S. dollars.
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* indicates monthly or quarterly data series
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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. Data are in current U.S. dollars.