Government Spending in India increased to 3686.66 INR Billion in the first quarter of 2019 from 3411.26 INR Billion in the fourth quarter of 2018. Government Spending in India averaged 2065.20 INR Billion from 2004 until 2019, reaching an all time high of 4086.45 INR Billion in the third quarter of 2018 and a record low of 735.82 INR Billion in the second quarter of 2004.
Government Spending in India is expected to be 4005.42 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in India to stand at 3652.45 in 12 months time. In the long-term, the India Government Spending is projected to trend around 4142.73 INR Billion in 2020, according to our econometric models.