In fiscal year 2022, the ratio of primary revenue deficit to GDP in India was reported to be at one percent, down from nearly four percent in fiscal year 2021. A primary deficit marks the difference between the revenue deficit and the interest paid on borrowings.
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024
Characteristic
Primary 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). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024." Chart. May 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. (2023). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary Revenue Deficit as a Percent of Gdp in India from Financial Year 2011 to 2022, with Estimates until 2024." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India, Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024 Statista, https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/ (last visited July 22, 2024)
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2022, with estimates until 2024 [Graph], Reserve Bank of India, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/