Budget balance — all countries

Budget balance — India

Budget balance in India in 2031 — -6.6%. Ranked 169 in the world out of 188.

2031 -6.6% +0.1 pp vs 2030
World rank 169of 188
Period maximum -3.7%2007
Period minimum -13.2%2020

Trend over time

1988–2031 · % of GDP

Budget balance — India, 1988–2031-15-12.5-10-7.5-5-2.519881993199820032008201320182023202820311988: -6.6%1989: -7.2%1990: -7.6%1991: -7.4%1992: -7.9%1993: -8.6%1994: -8%1995: -6.8%1996: -6.7%1997: -8.3%1998: -9.7%1999: -8.7%2000: -8.4%2001: -11%2002: -11.1%2003: -11.4%2004: -9.2%2005: -6.6%2006: -5.1%2007: -3.7%2008: -8.1%2009: -9.3%2010: -8.5%2011: -8%2012: -7.3%2013: -6.8%2014: -6.9%2015: -7.3%2016: -7.2%2017: -6.3%2018: -6.5%2019: -7.9%2020: -13.2%2021: -9.7%2022: -9.2%2023: -8.4%2024: -7.9%2025: -7.4%2026: -7.4%2027: -7.3%2028: -7.1%2029: -6.9%2030: -6.7%2031: -6.6%
Change over the period: +0 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: India

India -6.6%
World computed -4.85%
South Asia computed -6.48%
Southern Asia computed -6.35%
Budget balance — India, by year India All countries CSV XLSX
Year % Change, pp
2031 -6.6 +0.1 pp
2030 -6.7 +0.2 pp
2029 -6.9 +0.2 pp
2028 -7.1 +0.2 pp
2027 -7.3 +0.1 pp
2026 -7.4 +0 pp
2025 -7.4 +0.5 pp
2024 -7.9 +0.5 pp
2023 -8.4 +0.8 pp
2022 -9.2 +0.5 pp
2021 -9.7 +3.5 pp
2020 -13.2 −5.3 pp
2019 -7.9 −1.4 pp
2018 -6.5 −0.2 pp
2017 -6.3 +0.9 pp
2016 -7.2 +0.1 pp
2015 -7.3 −0.4 pp
2014 -6.9 −0.1 pp
2013 -6.8 +0.5 pp
2012 -7.3 +0.7 pp
2011 -8 +0.5 pp
2010 -8.5 +0.8 pp
2009 -9.3 −1.2 pp
2008 -8.1 −4.4 pp
2007 -3.7 +1.4 pp
2006 -5.1 +1.5 pp
2005 -6.6 +2.6 pp
2004 -9.2 +2.2 pp
2003 -11.4 −0.3 pp
2002 -11.1 −0.1 pp
2001 -11 −2.6 pp
2000 -8.4 +0.3 pp
1999 -8.7 +1 pp
1998 -9.7 −1.4 pp
1997 -8.3 −1.6 pp
1996 -6.7 +0.1 pp
1995 -6.8 +1.2 pp
1994 -8 +0.6 pp
1993 -8.6 −0.7 pp
1992 -7.9 −0.5 pp
1991 -7.4 +0.2 pp
1990 -7.6 −0.4 pp
1989 -7.2 −0.6 pp
1988 -6.6

Southern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.