India's expense (current LCU) was 35.85 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 123.03% from 16.08 trillion in 2012 (8.35% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 35.85 trillion | 2022 |
| Five years earlier | 26.68 trillion | 2017 |
| Ten years earlier | 16.08 trillion | 2012 |
| Highest | 35.85 trillion | 2022 |
| Lowest | 69.32 billion | 1974 |
| Average since 2013 | 24.8 trillion | 2013–2022 |
| First recorded | 69.32 billion |
What the numbers say
On record, the biggest yearly rise was 27.1% in 2008 and the biggest yearly fall was 1.3% in 2014. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2022, India had the 3rd highest value of the 25 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to India in the 2022 ranking
- Japan — 1st of 25: 117.32 trillion
- Hungary — 3rd of 25: 27.97 trillion
- Lao PDR — 4th of 25: 22.4 trillion
- Congo, Dem. Rep. — 5th of 25: 17.59 trillion
What this measures
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 46 values
| Year | Expense (current LCU) |
|---|---|
| 2022 | 35,854,459,600,000 |
| 2021 | no data |
| 2020 | no data |
| 2019 | no data |
| 2018 | 29,602,800,000,000 |
| 2017 | 26,684,580,000,000 |
| 2016 | 23,506,080,000,000 |
| 2015 | 20,830,910,000,000 |
| 2014 | 18,456,491,755,000 |
| 2013 | 18,691,100,000,000 |
| 2012 |
Expense (current LCU) in nearby economies
- Bangladesh — 2.94 trillion (2021)
- Bhutan — 43.84 billion (2020)
- Maldives — 23.8 billion (2021)
- Nepal — 846.22 billion (2021)
- Sri Lanka — 4.97 trillion (2023)
More public sector data for India
- Arms imports (SIPRI trend indicator values) — 2.86 billion (2025)
- Military expenditure (current USD) — 92.06 billion (2025)
- Military expenditure (current LCU) — 8.02 trillion (2025)
- Military expenditure (% of GDP) — 2.3% (2025)
- Net acquisition of financial assets (current LCU) — 3.89 trillion (2022)
- Net acquisition of financial assets (% of GDP) — 1.49% (2022)
- Net incurrence of liabilities, total (current LCU) — 17.63 trillion (2022)
- Net incurrence of liabilities, total (% of GDP) — 6.75% (2022)
- Net investment in nonfinancial assets (current LCU) — 2.39 trillion (2022)
- Net investment in nonfinancial assets (% of GDP)
Reading data like this
Questions people ask
- What is India's expense (current LCU)?
- 35.85 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1974?
- It is up 51,623% from 69.32 billion in 1974 (13.9% a year on average, compounded). The highest value was 35.85 trillion in 2022 and the lowest 69.32 billion in 1974.
- How does India rank?
- 3rd highest of 25 economies with data for 2022.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator GC.XPN.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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