India Government Budget Value  1997-2017 | Data | Chart | Calendar

India’s fiscal gap widened sharply to INR 5.05 trillion at the end of July 2017 from INR 3.93 trillion in the same period a year earlier. The shortfall was equivalent to 92.4 percent of the government’s target for the whole financial year, compared with 73.7 percent in the same period last year. Total expenditure stood at INR 8.08 trillion while revenues totaled INR 3.04 trillion. The government aims to reduce the fiscal deficit to 3.2 percent of the GDP in the current fiscal year that ends in March, compared with 3.5 percent in the previous year. Government Budget Value in India averaged -1834.79 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 -6056.14 INR Billion in February of 2017.

India Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-30 10:45 AM Government Budget Value INR -3733.6B INR-2056.2B INR -2354.8B
2017-07-31 10:45 AM Government Budget Value INR -4416.9B INR -3733.6B INR -4006.1B
2017-08-31 10:30 AM Government Budget Value INR -5049B INR -4416.9B INR -4582B
2017-09-29 10:30 AM Government Budget Value INR -5049B INR -4987.8B
2017-10-31 10:45 AM Government Budget Value INR -4730B
2017-11-30 10:15 AM Government Budget Value INR -4489.3B


India Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.50 69.60 84.20 66.00 percent [+]
Government Budget -3.50 -3.90 -2.04 -7.80 percent of GDP [+]
Government Budget Value -5048.96 -4416.85 -94.06 -6056.14 INR Billion [+]
Government Spending 3910.80 3021.61 3910.80 735.82 INR Billion [+]
Government Revenues 3035.21 2090.46 14397.87 0.82 INR Billion [+]
Fiscal Expenditure 8084.17 6507.31 19748.55 136.55 INR Billion [+]
Credit Rating 47.56 [+]
Military Expenditure 55630.70 51295.50 55630.70 2585.80 USD Million [+]


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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5048.96 -4416.85 -94.06 -6056.14 1997 - 2017 INR Billion Monthly
Current Prices, NSA




government budget value by Country

Last
Australia 6165.00 May/17
Brazil -44620.00 Jul/17
Canada 16.00 Jun/17
China 17.70 Jul/17
France -83.84 Jul/17
Germany 9.83 Mar/17
India -5048.96 Jul/17
Indonesia -305229.70 Dec/16
Italy 1.89 Jul/17
Japan -99315.00 Jun/17
Mexico -22563.00 Jul/17
Netherlands -2.80 Jun/17
Russia -403.64 Aug/17
South Korea 16089.00 Jul/17
Spain -21604.00 Jul/17
Switzerland 1323.00 Dec/17
Turkey -0.87 Aug/17
United Kingdom -1740.00 Aug/17
United States -107689.00 Aug/17