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

India’s fiscal gap for the April-October 2017 period widened to INR 5.25 trillion from INR 4.24 trillion in the same period a year earlier. The shortfall was equivalent to 96.1 percent of the government’s target for the whole financial year, compared with 79.3 percent in the same period last year. Total expenditure reached INR 12.93 trillion and revenues totaled INR 7.29 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 -1875.23 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
2017-09-29 11:40 AM Government Budget Value INR -5250.5B INR -5049B INR -4987.8B
2017-10-31 09:45 AM Government Budget Value INR-4989.38B INR-5250.45B INR -4730B
2017-11-30 09:00 AM Government Budget Value INR-5253.21B INR-4989.38B INR -4489.3B
2017-12-29 12:00 PM Government Budget Value INR-5253.21B INR -4346.4B
2018-01-31 10:30 AM Government Budget Value
2018-02-28 11:15 AM Government Budget Value


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 -5253.21 -4989.38 -94.06 -6056.14 INR Billion [+]
Government Spending 3962.84 3910.80 3962.84 735.82 INR Billion [+]
Government Revenues 7673.27 6502.49 14397.87 0.82 INR Billion [+]
Fiscal Expenditure 12926.48 11491.87 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5253.21 -4989.38 -94.06 -6056.14 1997 - 2017 INR Billion Monthly
Current Prices, NSA




government budget value by Country
Country Last
Australia -2115.00 Oct/17
Brazil -30494.00 Oct/17
Canada -3233.00 Sep/17
China -36.50 Oct/17
France -77.20 Oct/17
Germany 13.37 Jun/17
India -5253.21 Oct/17
Indonesia -305229.70 Dec/16
Italy 2.90 Sep/17
Japan -99315.00 Jun/17
Mexico 45317.00 Oct/17
Netherlands 4.40 Sep/17
Russia -294.09 Oct/17
South Korea 12656.00 Sep/17
Spain -12867.00 Oct/17
Switzerland 1323.00 Dec/17
Turkey -3.35 Oct/17
United Kingdom -981.00 Oct/17
United States -138547.00 Nov/17