The budget balance in relation to the GDP in India was forecast to continuously increase between 2024 and 2029 by in total 1.2 percentage points. After the seventh consecutive increasing year, the budget balance is estimated to reach -6.59 percent and therefore a new peak in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Bhutan, Nepal and Pakistan.
India: Budget balance from 2019 to 2029 in relation to gross domestic product
(GDP)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (April 22, 2024). India: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/
IMF. "India: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP)." Chart. April 22, 2024. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). India: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/
IMF. "India: Budget Balance from 2019 to 2029 in Relation to Gross Domestic Product (Gdp)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/
IMF, India: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) Statista, https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/ (last visited October 10, 2024)
India: Budget balance from 2019 to 2029 in relation to gross domestic product (GDP) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/271318/budget-balance-in-india-in-relation-to-gross-domestic-product-gdp/