Fiscal Expenditure in India increased to 28186.43 INR Billion in February from 25173.18 INR Billion in January of 2021. source: Controller General Of Accounts, India

Fiscal Expenditure in India averaged 5955.47 INR Billion from 1997 until 2021, reaching an all time high of 28186.43 INR Billion in February of 2021 and a record low of 136.55 INR Billion in April of 1997. This page provides - India Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Fiscal Expenditure - values, historical data and charts - was last updated on May of 2021.

Fiscal Expenditure in India is expected to be 27100.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in India to stand at 21900.00 in 12 months time. In the long-term, the India Fiscal Expenditure is projected to trend around 19500.00 INR Billion in 2022 and 21500.00 INR Billion in 2023, according to our econometric models.

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India Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
28186.43 25173.18 28186.43 136.55 1997 - 2021 INR Billion Monthly
Current Prices, NSA, Cumulative

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.62 69.80 83.23 47.94 percent [+]
Government Budget -9.50 -3.77 -2.53 -9.50 percent of GDP [+]
Government Budget Value -14055.47 -12340.04 -94.06 -14055.47 INR Billion [+]
Government Spending 3551.03 3623.68 4866.36 735.82 INR Billion [+]
Government Revenues 14130.96 12833.14 17507.27 0.82 INR Billion [+]
Fiscal Expenditure 28186.43 25173.18 28186.43 136.55 INR Billion [+]
Credit Rating 56.00 [+]
Military Expenditure 70794.00 66258.00 70794.00 2745.00 USD Million [+]
Government Spending To GDP 13.21 12.93 19.42 11.81 percent of GDP [+]

India Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.