Government Spending in India decreased to 3616.16 INR Billion in the third quarter of 2021 from 4214.71 INR Billion in the second quarter of 2021. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India averaged 2314.58 INR Billion from 2004 until 2021, reaching an all time high of 4559.97 INR Billion in the first quarter of 2021 and a record low of 735.82 INR Billion in the second quarter of 2004. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Spending - values, historical data and charts - was last updated on December of 2021.

Government Spending in India is expected to be 3669.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Spending is projected to trend around 3926.00 INR Billion in 2022 and 4181.00 INR Billion in 2023, according to our econometric models.

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India Government Spending

Related Last Previous Unit Reference
Government Spending 3616.16 4214.71 INR Billion Sep/21
India Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.