Government Spending in India decreased to 3807.47 INR Billion in the first quarter of 2020 from 3877.29 INR Billion in the fourth quarter of 2019.
Government Spending in India averaged 2186.06 INR Billion from 2004 until 2020, reaching an all time high of 4656.43 INR Billion in the third quarter of 2019 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 July of 2020. source: Ministry of Statistics and Programme Implementation (MOSPI)
Government Spending in India is expected to be 4710.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in India to stand at 4044.00 in 12 months time. In the long-term, the India Government Spending is projected to trend around 4234.00 INR Billion in 2021 and 4403.00 INR Billion in 2022, according to our econometric models.