Government Spending in India increased to 4623.16 INR Billion in the first quarter of 2022 from 3548.89 INR Billion in the fourth quarter of 2021. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India averaged 2346.59 INR Billion from 2004 until 2022, reaching an all time high of 4623.16 INR Billion in the first quarter of 2022 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 June of 2022.

Government Spending in India is expected to be 4750.00 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 3824.00 INR Billion in 2023 and 4007.00 INR Billion in 2024, according to our econometric models.

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India Government Spending

Related Last Previous Unit Reference
Government Spending 4623.16 3548.89 INR Billion Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4623.16 3548.89 4623.16 735.82 2004 - 2022 INR Billion Quarterly
2011-2012=100, NSA