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

India's fiscal deficit widened to INR 6.21 trillion in April-December 2017 from INR 5.01 trillion in the same period of the previous fiscal year. The budget gap was equivalent to 113.6 percent of the government’s target for the whole financial year, compared with 93.9 percent last year. Total expenditure rose 15.6 percent to INR 16.99 trillion while revenues rose at a slower 11.3 percent INR 10.78 trillion. India has upwardly revised its fiscal deficit target to 3.5 percent of GDP for the 2017/18 fiscal year, from 3.2 percent previously estimated. Government Budget Value in India averaged -1909.69 INR Billion from 1997 until 2017, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -6209.49 INR Billion in December of 2017.

India Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-30 09:00 AM Government Budget Value INR-5253.21B INR-4989.38B INR -4489.3B
2017-12-29 08:00 AM Government Budget Value INR -6120B INR-5253.21B INR -4966.8B
2018-02-01 10:30 AM Government Budget Value INR -6209.49B INR -6120B INR -6230B
2018-02-28 11:30 AM Government Budget Value INR -6209.49B INR -5734.8B
2018-03-30 10:05 AM Government Budget Value INR -5340.5B
2018-04-30 01:45 PM Government Budget Value INR -5171.5B

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.50 69.60 84.20 66.00 percent [+]
Government Budget -3.50 -3.50 -2.04 -7.80 percent of GDP [+]
Government Budget Value -6209.49 -6121.05 -94.06 -6209.49 INR Billion [+]
Government Spending 3962.84 3910.80 3962.84 735.82 INR Billion [+]
Government Revenues 10780.06 8667.10 14397.87 0.82 INR Billion [+]
Fiscal Expenditure 16989.55 14788.15 19748.55 136.55 INR Billion [+]
Military Expenditure 55630.70 51295.50 55630.70 2585.80 USD Million [+]
Credit Rating 47.56 [+]

India 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 Government Budget Value - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-6209.49 -6121.05 -94.06 -6209.49 1997 - 2017 INR Billion Monthly
Current Prices, NSA

government budget value by Country
Country Last
Australia -1006.00 Dec/17
Brazil -65640.52 Dec/17
Canada -2839.00 Nov/17
China -473.90 Dec/17
France -67.80 Dec/17
Germany 13.37 Jun/17
India -6209.49 Dec/17
Indonesia -305229.70 Dec/16
Italy -7.86 Dec/17
Japan -91308.00 Sep/17
Mexico -308191.90 Dec/17
Netherlands 4.40 Sep/17
Russia -1336.37 Dec/17
South Korea 29177.00 Nov/17
Spain -18317.00 Nov/17
Switzerland 1373.00 Dec/18
Turkey -27619250.00 Dec/17
United Kingdom 702.00 Dec/17
United States 49236.00 Jan/18