This statistic displays the annual percentage change of India's fiscal balance as a percent of GDP from fiscal year 2014 to fiscal year 2017 and gives projections for the fiscal year 2018 and 2019. In fiscal year 2019, the fiscal balance in India is projected to decrease by 6.4 percent, compared to a decrease of seven percent in fiscal year 2017.
Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019**
* Projections are based on OECD economic outlook 100.
** All values are based on percent of GDP. Loans from the central government and the states to other public bodies are included.
Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
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OECD. (February 1, 2017). Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019** [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/
OECD. "Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019**." Chart. February 1, 2017. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/
OECD. (2017). Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019**. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/
OECD. "Annual Percentage Change in The Fiscal Balance of India from Fy 2014 to Fy 2019**." Statista, Statista Inc., 1 Feb 2017, https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/
OECD, Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019** Statista, https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/ (last visited November 18, 2024)
Annual percentage change in the fiscal balance of India from FY 2014 to FY 2019** [Graph], OECD, February 1, 2017. [Online]. Available: https://www.statista.com/statistics/717470/india-fiscal-balance-annual-percentage-change/
