Economic Outlook No 117 — Government final consumption expenditure in India

India: Economic Outlook No 117 — Government final consumption expenditure was 40.62 trillion in 2026. ◆ Volatile

Latest (2026)
40.62 trillion
Change on year
up 8.6%
World rank
6th
of 37 countries
All-time high
40.62 trillion
in 2026
All-time low
1.40 trillion
in 1996
Years of data
31
1996–2026

Economic Outlook No 117 — Government final consumption expenditure in India, 1996–2026

010.0T20.0T30.0T40.0T1996201120261996: 1.4T1997: 1.7T1998: 2.1T1999: 2.4T2000: 2.6T2001: 2.7T2002: 2.8T2003: 3.0T2004: 3.3T2005: 3.8T2006: 4.2T2007: 4.8T2008: 5.8T2009: 7.3T2010: 8.4T2011: 9.7T2012: 10.6T2013: 11.6T2014: 13.0T2015: 14.4T2016: 15.9T2017: 18.4T2018: 20.5T2019: 22.1T2020: 23.1T2021: 24.7T2022: 27.6T2023: 31.0T2024: 33.8T2025: 37.4T2026: 40.6T

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 117 — government final consumption expenditure in India is 40.62 trillion, measured in 2026. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 8.6% on the previous year and up 156.0% over ten years.

Over the whole period, economic outlook no 117 — government final consumption expenditure in India peaked at 40.62 trillion in 2026 and was at its lowest, 1.40 trillion, in 1996.

That places India 6th out of 37 countries with data for 2026, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 117 — Government final consumption expenditure in India, year by year

Annual values for Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach in India, 1996 to 2026.
Year Value Change
1996 1.40 trillion
1997 1.66 trillion +18.3%
1998 2.06 trillion +23.9%
1999 2.42 trillion +17.7%
2000 2.56 trillion +5.6%
2001 2.72 trillion +6.5%
2002 2.82 trillion +3.6%
2003 3.04 trillion +7.7%
2004 3.32 trillion +9.2%
2005 3.77 trillion +13.6%
2006 4.17 trillion +10.8%
2007 4.83 trillion +15.8%
2008 5.81 trillion +20.3%
2009 7.30 trillion +25.5%
2010 8.40 trillion +15.2%
2011 9.68 trillion +15.2%
2012 10.62 trillion +9.7%
2013 11.57 trillion +8.9%
2014 13.02 trillion +12.6%
2015 14.36 trillion +10.3%
2016 15.87 trillion +10.5%
2017 18.40 trillion +16.0%
2018 20.46 trillion +11.2%
2019 22.12 trillion +8.1%
2020 23.06 trillion +4.2%
2021 24.72 trillion +7.2%
2022 27.58 trillion +11.5%
2023 31.04 trillion +12.6%
2024 33.76 trillion +8.8%
2025 37.41 trillion +10.8%
2026 40.62 trillion +8.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.89 trillion 1.40 trillion 2.42 trillion 4
2000s 4.03 trillion 2.56 trillion 7.30 trillion 10
2010s 14.45 trillion 8.40 trillion 22.12 trillion 10
2020s 31.17 trillion 23.06 trillion 40.62 trillion 7

Countries ranked near India

  1. 3 Argentina 191.67 trillion compare
  2. 3 Croatia 23.26 billion compare
  3. 3 Poland 864.43 billion compare
  4. 4 Japan 133.52 trillion compare
  5. 4 Netherlands 319.80 billion compare
  6. 5 Chile 54.11 trillion compare
  7. 5 Lithuania 18.18 billion compare
  8. 6 Slovenia 15.44 billion compare
  9. 7 Hungary 19.49 trillion compare
  10. 7 Latvia 10.07 billion compare
  11. 8 Costa Rica 7.77 trillion compare
  12. 8 Estonia 8.83 billion compare
  13. 9 United States of America 4.25 trillion compare

See the full ranking of 48 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is economic outlook no 117 — government final consumption expenditure in India?
Economic outlook no 117 — government final consumption expenditure in India was 40.62 trillion in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — government final consumption expenditure recorded in India?
The highest recorded value was 40.62 trillion in 2026.
What is the lowest economic outlook no 117 — government final consumption expenditure recorded in India?
The lowest recorded value was 1.40 trillion in 1996.
How does India rank for economic outlook no 117 — government final consumption expenditure?
India ranks 6th out of 37 countries with data for 2026.
Is economic outlook no 117 — government final consumption expenditure rising or falling in India?
Over the last ten years it is up 156.0%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Government final consumption expenditure in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-government-final-consumption-expenditure-nominal-value-gdp/india/

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About this data

Indicator
Economic Outlook No 117 — Government final consumption expenditure, nominal value, GDP expenditure approach
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,363 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP