In fiscal year 2023, the ratio of primary revenue deficit to GDP in India was reported to be at 0.5 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 2023, with estimates until 2025
*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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Reserve Bank of India. (June 3, 2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph]. In Statista. Retrieved November 21, 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 2023, with estimates until 2025." Chart. June 3, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. (2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025. Statista. Statista Inc.. Accessed: November 21, 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 2023, with Estimates until 2025." Statista, Statista Inc., 3 Jun 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 2023, with estimates until 2025 Statista, https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/ (last visited November 21, 2024)
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
