India |
Total investment |
Percent of GDP |
Units |
Source: National Statistics Office. The original data is in fiscal years, which begins in April and ends in March, to match with authorities' reporting methods.
Latest actual data: FY2022/23. Latest quarterly data is as of December 2023 (for the third quarter of FY2023/24)
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: No. Fiscal data are mapped to calendar year as follows: FY(t/t+1) = CY(t).
Start/end months of reporting year: April/March
Base year: FY2011/12. The base year is by Fiscal Year, which is April to March (e.g. FY2004: April 2004 - March 2005).
Chain-weighted: No
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
33.024 |
32.986 |
33.333 |
33.186 |
32.959 |
32.732 |
32.437 |
32.077 |
2023 |
India |
Gross national savings |
Percent of GDP |
Units |
Source: National Statistics Office. The original data is in fiscal years, which begins in April and ends in March, to match with authorities' reporting methods.
Latest actual data: FY2022/23. Latest quarterly data is as of December 2023 (for the third quarter of FY2023/24)
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: No. Fiscal data are mapped to calendar year as follows: FY(t/t+1) = CY(t).
Start/end months of reporting year: April/March
Base year: FY2011/12. The base year is by Fiscal Year, which is April to March (e.g. FY2004: April 2004 - March 2005).
Chain-weighted: No
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
31.027 |
31.781 |
31.933 |
31.592 |
31.158 |
30.768 |
30.281 |
29.778 |
2023 |
India |
Inflation, average consumer prices |
Index |
Units |
Source: National Statistics Office. The original data are recorded on a monthly basis. IMF staff aggregated the monthly data to correspond with fiscal year periods.
Latest actual data: FY2022/23. Latest quarterly data is as of December 2023 (for the third quarter of FY2023/24).
Harmonized prices: No
Base year: FY2011/12
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
174.733 |
184.125 |
192.527 |
200.549 |
208.755 |
217.106 |
225.790 |
234.821 |
2023 |
India |
Inflation, average consumer prices |
Percent change |
Units |
See notes for:
Inflation, average consumer prices (Index).
|
6.653 |
5.375 |
4.563 |
4.167 |
4.092 |
4.000 |
4.000 |
4.000 |
2023 |
India |
Inflation, end of period consumer prices |
Index |
Units |
Source: National Statistics Office. The original data are recorded on a monthly basis. IMF staff aggregated the monthly data to correspond with fiscal year periods.
Latest actual data: FY2022/23. Latest quarterly data is as of December 2023 (for the third quarter of FY2023/24).
Harmonized prices: No
Base year: FY2011/12
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
176.833 |
185.801 |
194.035 |
202.027 |
210.294 |
218.705 |
227.454 |
236.552 |
2023 |
India |
Inflation, end of period consumer prices |
Percent change |
Units |
See notes for:
Inflation, end of period consumer prices (Index).
|
6.206 |
5.071 |
4.431 |
4.119 |
4.092 |
4.000 |
4.000 |
4.000 |
2023 |
India |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury. and IMF staff calculations
Latest actual data: FY2021/22
Fiscal assumptions: Projections are based on available information on the authorities’ fiscal plans, with adjustments for the IMF staff’s assumptions. Subnational data are incorporated with a lag of up to one year; general government data are thus finalized well after central government data. IMF and Indian presentations differ, particularly regarding disinvestment and license-auction proceeds, net versus gross recording of revenues in certain minor categories, and some public sector lending. Starting with FY2020/21 data, expenditure also includes the off-budget component of food subsidies, consistent with the revised treatment of food subsidies in the budget. The IMF staff adjusts expenditure to take out payments for previous years’ food subsidies, which are included as expenditure in budget estimates for FY2020/21.
Reporting in calendar year: No. Fiscal data are mapped to calendar year as follows: FY(t/t+1) = CY(t).
Start/end months of reporting year: April/March. The original data from the authority is on FY (Apr/Mar) basis.
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Authority reported in GFSM 1986, staffs converted to GFSM 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government;. This is according to the authorities' account standards.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
53,320.136 |
59,616.151 |
65,791.915 |
73,227.341 |
81,362.180 |
90,327.945 |
100,291.287 |
111,364.090 |
2022 |
India |
General government revenue |
Percent of GDP |
Units |
See notes for:
General government revenue (National currency).
|
19.785 |
20.156 |
20.124 |
20.203 |
20.255 |
20.307 |
20.360 |
20.412 |
2022 |
India |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury. and IMF staff calculations
Latest actual data: FY2021/22
Fiscal assumptions: Projections are based on available information on the authorities’ fiscal plans, with adjustments for the IMF staff’s assumptions. Subnational data are incorporated with a lag of up to one year; general government data are thus finalized well after central government data. IMF and Indian presentations differ, particularly regarding disinvestment and license-auction proceeds, net versus gross recording of revenues in certain minor categories, and some public sector lending. Starting with FY2020/21 data, expenditure also includes the off-budget component of food subsidies, consistent with the revised treatment of food subsidies in the budget. The IMF staff adjusts expenditure to take out payments for previous years’ food subsidies, which are included as expenditure in budget estimates for FY2020/21.
Reporting in calendar year: No. Fiscal data are mapped to calendar year as follows: FY(t/t+1) = CY(t).
Start/end months of reporting year: April/March. The original data from the authority is on FY (Apr/Mar) basis.
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Authority reported in GFSM 1986, staffs converted to GFSM 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government;. This is according to the authorities' account standards.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
78,175.926 |
85,117.890 |
91,402.714 |
100,879.223 |
110,634.424 |
121,602.282 |
133,917.461 |
147,295.687 |
2022 |
India |
General government total expenditure |
Percent of GDP |
Units |
See notes for:
General government total expenditure (National currency).
|
29.008 |
28.779 |
27.958 |
27.833 |
27.543 |
27.338 |
27.186 |
26.998 |
2022 |
India |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury. and IMF staff calculations
Latest actual data: FY2021/22
Fiscal assumptions: Projections are based on available information on the authorities’ fiscal plans, with adjustments for the IMF staff’s assumptions. Subnational data are incorporated with a lag of up to one year; general government data are thus finalized well after central government data. IMF and Indian presentations differ, particularly regarding disinvestment and license-auction proceeds, net versus gross recording of revenues in certain minor categories, and some public sector lending. Starting with FY2020/21 data, expenditure also includes the off-budget component of food subsidies, consistent with the revised treatment of food subsidies in the budget. The IMF staff adjusts expenditure to take out payments for previous years’ food subsidies, which are included as expenditure in budget estimates for FY2020/21.
Reporting in calendar year: No. Fiscal data are mapped to calendar year as follows: FY(t/t+1) = CY(t).
Start/end months of reporting year: April/March. The original data from the authority is on FY (Apr/Mar) basis.
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001. Authority reported in GFSM 1986, staffs converted to GFSM 2001
Basis of recording: Cash
General government includes: Central Government; State Government; Local Government;. This is according to the authorities' account standards.
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
220,134.081 |
244,741.785 |
269,663.133 |
296,588.480 |
325,062.808 |
355,472.547 |
388,165.395 |
423,084.253 |
2022 |
India |
General government gross debt |
Percent of GDP |
Units |
See notes for:
General government gross debt (National currency).
|
81.683 |
82.748 |
82.483 |
81.829 |
80.926 |
79.917 |
78.800 |
77.548 |
2022 |
India |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: FY2022/23
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). Data converted from BPM5 to BPM6 by staff.
Primary domestic currency: Indian rupee
Data last updated: 03/2024
|
-66.970 |
-43.073 |
-55.124 |
-69.203 |
-86.242 |
-103.833 |
-125.787 |
-147.947 |
2023 |
India |
Current account balance |
Percent of GDP |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-1.997 |
-1.206 |
-1.400 |
-1.595 |
-1.801 |
-1.964 |
-2.156 |
-2.299 |
2023 |