India Government Budget
-7.4%▲ +0.41 pt
Dec 2025 · Annual
India's budget balance as a percentage of GDP narrowed to -7.44% in the fiscal year ending December 2025 from -7.85% a year earlier. The deficit remains well above the all-time low of -13.17% recorded in 2020 and is far from the series high of -3.73% posted in 2007. The data cover annual observations since 1988.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -7.4% | -7.9% | -3.7%Dec 2007 | -13.2%Dec 2020 | 1988 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 84.1% | 84.8% | 90.6% | 67.1% | Dec 2025 | Annual |
| Tax Revenue to GDP | 6.9% | 12.0% | 12.1% | 6.9% | Dec 2022 | Annual |
About this series
Government Budget in India averaged -8.1% from 1988 until 2025, reaching an all-time high of -3.7% in Dec 2007 and a record low of -13.2% in Dec 2020. The series is reported yearly with history from 1988.
The indicator measures the general government budget balance as a percentage of India's nominal GDP. A negative value denotes a fiscal deficit. The data are reported annually and the series spans from December 1988 to December 2025.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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