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India — Central government deficit (% of GDP)

% of GDP · Annual · 1948–2025 · 78 observations

About this series

The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

In India, the central government deficit reading was −4.51% of GDP in 2025, compared with −4.95% of GDP in 2024. The period change was +0.44 percentage points. The latest reading was above the selected 10-year average of −4.82% of GDP.

-10-5051948201020152025% of GDPSubscribe to view

Get the full series

  • Annual data, 1948–2025
  • All 4 sources, downloadable

Latest observations

2010–2025

PeriodValue
2025-4.51 % of GDP
2024-4.95 % of GDP
2023-5.71 % of GDP
2022-5.26 % of GDP
2021-6.71 % of GDP
11 earlier values, back to 2010
2020-9.16 % of GDP
2019-4.64 % of GDP
2018-2.3 % of GDP
2017-2.55 % of GDP
2016-2.42 % of GDP
2015-2.78 % of GDP
2014-3.25 % of GDP
2013-4.07 % of GDP
2012-3.76 % of GDP
2011-3.21 % of GDP
2010-3.48 % of GDP
Data release 2026_10_06_0823, published 6 Oct 2026.