In fiscal year 2023, the ratio of revenue deficit to GDP in India was estimated to be above four percent, down from 4.4 percent in fiscal year 2022. The ratio was estimated to reach three percent in fiscal year 2024.
Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024
Characteristic
Revenue deficit to GDP ratio
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*Revised estimate.
**Budget estimate.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
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Reserve Bank of India. (May 30, 2023). Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024." Chart. May 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. (2023). Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Revenue Deficit as a Percent of Gdp in India from Financial Year 2015 to 2022, with Estimates until 2024." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India, Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024 Statista, https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/ (last visited July 22, 2024)
Revenue deficit as a percent of GDP in India from financial year 2015 to 2022, with estimates until 2024 [Graph], Reserve Bank of India, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/813923/india-revenue-deficit-as-a-percent-of-gdp/