India: Government spending, in dollars

* indicates monthly or quarterly data series
 India

Government spending, billion USD

 Latest value 372.71
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 84.02
 Min - Max 2.43 - 372.71
 Source The World Bank
For that indicator, we provide data for India from 1960 to 2023. The average value for India during that period was 84.02 billion U.S. dollars with a minimum of 2.43 billion U.S. dollars in 1960 and a maximum of 372.71 billion U.S. dollars in 2023. The latest value from 2023 is 372.71 billion U.S. dollars. For comparison, the world average in 2023 based on 131 countries is 69.63 billion U.S. dollars. 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


Recent values chart
India - Government spending, in dollars - Recent values chart

Historical chart
India - Government spending, in dollars - historical chart - 1960-2023




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.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 10.35 2022 percent
 Government spending, in dollars 372.71 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -9.22 2022 percent
 Government debt 81.68 2022 percent
 Government expenditure 7,178.65 Q3/2023 billion
 Long-term government bond yield 7.17 9/2023 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 3,118.70 2021 million U.S. dollars
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