Government Spending in India decreased to 4214.71 INR Billion in the second quarter of 2021 from 4559.97 INR Billion in the first quarter of 2021. source: Ministry of Statistics and Programme Implementation (MOSPI)

Government Spending in India averaged 2295.72 INR Billion from 2004 until 2021, reaching an all time high of 4559.97 INR Billion in the first quarter of 2021 and a record low of 735.82 INR Billion in the second quarter of 2004. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in India is expected to be 3725.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Government Spending is projected to trend around 4040.00 INR Billion in 2022 and 4303.00 INR Billion in 2023, according to our econometric models.

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India Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4214.71 4559.97 4559.97 735.82 2004 - 2021 INR Billion Quarterly
2011-2012=100, NSA

India Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.62 69.80 83.23 47.94 percent of GDP [+]
Government Budget -9.40 -4.60 -2.53 -9.40 percent of GDP [+]
Government Budget Value -321143.00 -274245.00 -9406.00 -1821461.00 INR Tens of Millions [+]
Government Spending 4214.71 4559.97 4559.97 735.82 INR Billion [+]
Government Revenues 683297.00 547399.00 1750727.00 82.00 INR Tens of Millions [+]
Fiscal Expenditure 1004440.00 821644.00 3511181.00 13655.00 INR Tens of Millions [+]
Military Expenditure 73001.00 71469.00 73001.00 2871.00 USD Million [+]
Credit Rating 56.00 [+]
Government Spending To GDP 17.60 13.21 19.42 11.81 percent of GDP [+]


India Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.