Government spending in India was last recorded at 17.6 percent of GDP in the 2020-21 fiscal year. source: Reserve Bank of India
Government Spending To GDP in India averaged 15.08 percent of GDP from 1970 until 2020, reaching an all time high of 19.42 percent of GDP in 1986 and a record low of 11.81 percent of GDP in 1970. This page provides - India Central Government Total Expenditure to GDP- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Central Government Total Expenditure to GDP - values, historical data and charts - was last updated on July of 2022.
Government Spending To GDP in India is expected to reach 15.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Central Government Total Expenditure to GDP is projected to trend around 14.00 percent of GDP in 2022 and 12.00 percent of GDP in 2023, according to our econometric models.