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

India’s fiscal gap for April 2017 widened to INR 2.06 trillion from INR 1.37 trillion a year earlier. It was equivalent to 37.6 percent of the government’s target for the whole financial year and compared with 25.7 percent of budget aim in the same period last year. Total expenditure stood at INR 2.42 trillion during April while revenues totalled INR 350.81 billion. India's fiscal deficit in the year ending in March 2017 came in at INR 5.35 trillion, or 3.5 percent of GDP. The government has a target of restricting the current fiscal's deficit to 3.2 percent of GDP this fiscal year. Government Budget Value in India averaged -1802.86 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 Forecast (i)
2017-03-31 10:05 AM Feb INR -6056B INR -5641.9B INR -5070.6B
2017-05-31 01:45 PM Mar INR-5350.7B INR -6056B INR -5324.1B
2017-05-31 01:45 PM Apr INR-2056.2B INR-5350.7B
2017-06-30 10:30 AM May INR-2056.2B INR -2354.8B
2017-07-31 10:30 AM Jun INR -3006.5B
2017-08-31 10:45 AM Jul INR -3713.6B

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 -2056.22 -5350.68 -94.06 -6056.14 INR Billion [+]
Government Spending 3021.61 3236.03 3805.61 735.82 INR Billion [+]
Government Revenues 365.29 14397.87 14397.87 0.82 INR Billion [+]
Fiscal Expenditure 2421.51 19748.55 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 Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2056.22 -5350.68 -94.06 -6056.14 1997 - 2017 INR Billion Monthly
Current Prices, NSA

government budget value by Country

Australia 7831.00 Apr/17
Brazil -15422.53 Apr/17
Canada -10388.00 Mar/17
China -44.00 Apr/17
France -57.93 Apr/17
Germany -5.10 Sep/16
India -2056.22 Apr/17
Indonesia -305229.70 Dec/16
Italy -13.30 Apr/17
Japan -44416.00 Dec/16
Mexico 58484.50 Apr/17
Netherlands 15.90 Mar/17
Russia -563.72 May/17
South Korea 9070.00 Apr/17
Spain -8268.00 Apr/17
Switzerland 1323.00 Dec/17
Turkey 6.39 May/17
United Kingdom -4738.00 May/17
United States -88426.00 May/17