India recorded a Government Budget deficit equal to 3.34 percent of the country's Gross Domestic Product in the 2019-20 fiscal year. India Central Government Budget - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Government Budget in India averaged -4.98 percent of GDP from 1970 until 2019, reaching an all time high of -2.53 percent of GDP in 1973 and a record low of -8.13 percent of GDP in 1986. This page provides - India Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government Budget in India is expected to reach -3.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Central Government Budget is projected to trend around -3.30 percent of GDP in 2021 and -3.10 percent of GDP in 2022, according to our econometric models.