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

India’s fiscal gap for April-February 2017 widened to INR 6.05 trillion from INR 5.73 trillion a year earlier. It is equivalent to 113.4 percent of the government’s target for the whole financial year and compares with 107.1 percent last year. Revenues totaled INR 11.48 trillion or 77.5 percent of the estimates for the current year and expenditure stood at INR 17.5 trillion or 87 percent. The government has a target of restricting the current fiscal's deficit at 3.5 percent of GDP or to INR 5.34 trillion. Government Budget Value in India averaged -1786.96 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 Reference Actual Previous Consensus Forecast (i)
2017-01-31 10:30 AM Dec INR -5012.5B INR-4580B INR -4324.6B
2017-02-28 11:15 AM Jan INR -5641.9B INR -5012.5B INR -4124.2B
2017-03-31 10:05 AM Feb INR -6056B INR -5641.9B INR -5070.6B
2017-05-31 11:30 AM Mar INR -6056B INR -5324.1B
2017-05-31 11:30 AM Apr
2017-06-30 10:30 AM May INR -4377.5B

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 -6056.14 -5641.92 -94.06 -6056.14 INR Billion [+]
Government Spending 3165.95 3756.26 3756.26 735.82 INR Billion [+]
Government Revenues 11474.06 10534.65 12409.18 0.82 INR Billion [+]
Fiscal Expenditure 17530.20 16176.57 17732.69 136.55 INR Billion [+]
Credit Rating 47.56 [+]
Military Expenditure 51115.90 50914.10 51115.90 16547.80 USD Million [+]

India Government Budget Value Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-6056.14 -5641.92 -94.06 -6056.14 1997 - 2017 INR Billion Monthly
Current Prices, NSA

government budget value by Country

Australia -1122.00 Mar/17
Brazil -54348.80 Mar/17
Canada 1293.00 Feb/17
China -169.50 Mar/17
France -29.60 Mar/17
Germany -5.10 Sep/16
India -6056.14 Feb/17
Indonesia -305229.70 Dec/16
Italy -11.09 Mar/17
Japan -44416.00 Dec/16
Mexico -1930.00 Feb/17
Netherlands 15.90 Mar/17
Russia -511.09 Apr/17
South Korea -3918.00 Mar/17
Spain -5659.00 Mar/17
Switzerland 1323.00 Dec/17
Turkey -2.96 Apr/17
United Kingdom 1705.00 Mar/17
United States 182428.00 Apr/17