Government Spending in India increased to 4725.76 INR Billion in the third quarter of 2019 from 4218.93 INR Billion in the second quarter of 2019. Government Spending in India averaged 2142.85 INR Billion from 2004 until 2019, reaching an all time high of 4725.76 INR Billion in the third quarter of 2019 and a record low of 735.82 INR Billion in the second quarter of 2004. source: Ministry of Statistics and Programme Implementation (MOSPI)
Government Spending in India is expected to be 3781.00 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 5009.00 in 12 months time. In the long-term, the India Government Spending is projected to trend around 5575.00 INR Billion in 2020, according to our econometric models.