India's fiscal deficit widened to INR 1.57 trillion in April 2019 from INR 1.52 trillion in the same period of the previous fiscal year. April 2019 is the first month of the new 2019-2020 fiscal year. Total revenues rose 36.6 percent year-on-year to INR 0.976 trillion and expenditures rose 14 percent to INR 2.547 trillion. The budget gap is equivalent to 22.3 percent of the government’s target for the whole financial year, compared with 24.3 percent a year earlier. Government Budget Value in India averaged -2138.84 INR Billion from 1997 until 2019, reaching an all time high of -94.06 INR Billion in April of 1997 and a record low of -8514.99 INR Billion in February of 2019.

Government Budget Value in India is expected to be -4569.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in India to stand at -5800.00 in 12 months time. In the long-term, the India Central Government Budget Value is projected to trend around -6208.00 INR Billion in 2020, according to our econometric models.

India Central Government Budget Value
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-26 11:10 AM Government Budget Value INR-7708.45B INR -7015B
2019-03-29 12:00 PM Government Budget Value INR-8515B INR-7708.45B
2019-05-31 11:40 AM Government Budget Value INR-1570B INR-6454B INR-6700B
2019-05-31 11:40 AM Government Budget Value INR-6454B INR-8515B INR-1600B
2019-06-28 11:30 AM Government Budget Value INR-1570B
2019-07-31 11:30 AM Government Budget Value
2019-08-30 11:30 AM Government Budget Value

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.70 69.60 84.20 66.00 percent [+]
Government Budget -3.42 -3.53 -2.53 -8.13 percent of GDP [+]
Government Budget Value -1570.48 -6453.67 -94.06 -8514.99 INR Billion [+]
Government Spending 3686.66 3411.26 4086.45 735.82 INR Billion [+]
Government Revenues 976.31 16660.55 16660.55 0.82 INR Billion [+]
Fiscal Expenditure 2546.79 23114.22 23114.22 136.55 INR Billion [+]
Military Expenditure 66578.00 64559.00 66578.00 2759.00 USD Million [+]
Credit Rating 47.56 [+]
Government Spending To GDP 12.74 13.27 19.42 11.81 percent of GDP [+]

India Central Government Budget Value

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 Central Government Budget Value - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1570.48 -6453.67 -94.06 -8514.99 1997 - 2019 INR Billion Monthly
Current Prices, NSA

Country Last Previous
Argentina 498.50 Apr/19
Australia 7020.00 Apr/19
Brazil -28050.00 Apr/19
Canada -14900.00 Mar/19
China -72.30 Apr/19
France -67.20 Apr/19
Germany 5.87 Sep/18
India -1570.48 Apr/19
Indonesia -259900.00 Dec/18
Italy -26.03 Mar/19
Japan -41094.00 Dec/18
Mexico 62526.80 Apr/19
Netherlands 1.50 Dec/18
Russia 1149.60 May/19
Saudi Arabia -135704.00 Dec/18
Singapore 1697.60 Apr/19
South Africa -73147.00 Apr/19
South Korea -25893.00 Apr/19
Spain -8195.00 Apr/19
Switzerland 2176.00 Dec/19
Turkey -14309064.00 Apr/19
United Kingdom -2778.00 Apr/19
United States -207768.00 May/19