Government spending in India was last recorded at 14.8 percent of GDP in 2024 . Government Spending to GDP in India averaged 15.11 percent of GDP from 1970 until 2024, 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. source: Reserve Bank of India
Government Spending to GDP in India is expected to reach 17.00 percent of GDP by the end of 2025, 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 19.00 percent of GDP in 2026 and 20.00 percent of GDP in 2027, according to our econometric models.