India Tax Revenue to GDP

6.9% −5.08 pt

Dec 2022 · Annual

India's tax revenue fell to 6.93 percent of GDP in 2022, down from 12.02 percent in 2018. The figure marks the lowest level since the series began in 1974 and stands well below the all-time high of 12.11 percent reached in 2007.

India Tax Revenue to GDP, 1990–2022
ActualPreviousHighestLowestDatesFrequency
6.9%12.0%12.1%Dec 20076.9%Dec 20221974 – 2022Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-7.4%-7.9%-3.7%-13.2%Dec 2025Annual
Government Debt to GDP84.1%84.8%90.6%67.1%Dec 2025Annual

About this series

Tax Revenue to GDP in India averaged 9.8% from 1974 until 2022, reaching an all-time high of 12.1% in Dec 2007 and a record low of 6.9% in Dec 2022. The series is reported yearly with history from 1974.

Tax revenue as a share of GDP measures the total tax revenue collected by the government relative to the size of the economy. Reported as a percentage of GDP on an annual basis, the series spans from 1974 to 2022.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

India Tax Revenue to GDP FAQ