India Central Government Budget Value  1997-2018 | Data | Chart | Calendar

India's fiscal deficit narrowed to INR 1.52 trillion in April of 2018 from INR 2.06 trillion in the same period of the previous fiscal year. April 2018 is the first month of the new 2018-2019 fiscal year. The budget gap was equivalent to 24.3 percent of the government’s target for the whole financial year, compared with 37.6 percent last year. Total expenditure went down 7.7 percent year-on-year to INR 2.23 trillion, equivalent to 9.1 percent of FY19 estimate (11.3 percent a year earlier). Revenues jumped 95.6 percent year-on-year to INR 0.714 trillion or 3.9 percent of the estimate (2.3 percent a year earlier). The budget deficit for the 2017-18 fiscal year which ended in March was revised higher to 3.53 of the GDP from 3.24 percent. Government Budget Value in India averaged -1963.92 INR Billion from 1997 until 2018, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -7156.99 INR Billion in February of 2018.

India Central Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-28 10:00 AM Government Budget Value INR-7160B INR-6765.59B INR -6253.6B
2018-05-31 01:45 PM Government Budget Value INR -5916B INR-7160B INR -6393B
2018-05-31 01:45 PM Government Budget Value INR -1520B INR -5916B INR -5653.2B
2018-06-29 10:45 AM Government Budget Value INR -1520B INR -5553.3B
2018-07-31 10:45 AM Government Budget Value INR -4438B
2018-08-31 10:30 AM Government Budget Value INR -5245.6B

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.70 69.60 84.20 66.00 percent [+]
Government Budget -3.53 -3.52 -2.53 -8.13 percent of GDP [+]
Government Budget Value -1519.67 -5916.63 -94.06 -7156.99 INR Billion [+]
Government Spending 3310.31 3251.45 3742.16 735.82 INR Billion [+]
Government Revenues 714.50 15510.04 15510.04 0.82 INR Billion [+]
Fiscal Expenditure 2234.17 21426.67 21426.67 136.55 INR Billion [+]
Military Expenditure 59757.10 56637.60 59757.10 2590.70 USD Million [+]
Credit Rating 47.56 [+]
Government Spending To Gdp 12.74 13.27 19.42 11.81 percent of GDP [+]

India Central Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In India, government budget value refers to the cumulative amount of the central government fiscal deficit for current fiscal year. This page provides the latest reported value for - India Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Central Government Budget Value - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1519.67 -5916.63 -94.06 -7156.99 1997 - 2018 INR Billion Monthly
Current Prices, NSA

government budget value by Country
Country Last
Australia 8787.00 Apr/18
Brazil -26751.00 Apr/18
Canada -10630.00 Mar/18
China 40.70 Apr/18
France -54.34 Apr/18
Germany 70.64 Sep/17
India -1519.67 Apr/18
Indonesia -347356.70 Dec/17
Italy -0.53 Apr/18
Japan -49945.00 Dec/17
Mexico 97740.00 Apr/18
Netherlands 1.00 Dec/17
Russia 458.89 May/18
South Korea 244.00 Apr/18
Spain -5928.00 Apr/18
Switzerland 1373.00 Dec/18
Turkey 4510687.00 Apr/18
United Kingdom -4757.00 Apr/18
United States -146796.00 May/18