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India—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #122 of 138Series years: 2000–2022
Latest Value
13.7%
2022
Global Rank
#122
of 138 countries
Maximum
17.2%
2008
Minimum
13.7%
2022
CAGR
-0.5%
20 years
Last
13.7%
Previous
—
Highest
17.2%
Lowest
13.7%
Unit
% of GDP
Source
World Bank World Development Indicators

India's government expense (% of GDP) was 13.7% in 2022, ranking #122 out of 138 countries. Over the past 20 years, the highest recorded value was 17.2% (2008) and the lowest was 13.7% (2022). Data sourced from the World Bank World Development Indicators.

India — Government Expense (% of GDP): 13.7280694252264 % of GDP for reference year 2022. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202213.7%-12.4%
201815.7%+0.3%
201715.6%+2.2%
201615.3%+1.0%
201515.1%+2.2%
201414.8%-11.0%
201316.6%+2.9%
201216.2%+11.6%
201114.5%-12.2%
201016.5%-2.1%
200916.9%-2.2%
200817.2%+12.9%
200715.3%+0.5%
200615.2%+0.1%
200515.2%+0.3%
200415.1%-2.9%
200315.6%-3.0%
200216.1%+3.3%
200115.5%+0.9%
200015.4%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →