Primary revenue deficit as a percent of GDP in India FY 2011-2024

Published by Statista Research Department, Nov 20, 2023
In fiscal year 2022, the ratio of primary revenue deficit to GDP in India was reported to be at one percent, down from nearly four percent in fiscal year 2021. A primary deficit marks the difference between the revenue deficit and the interest paid on borrowings.

Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024

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Release date

May 2023

Region

India

Survey time period

FY 2011 to FY 2022

Supplementary notes

*Revised estimate.
**Budget estimate.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

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