Economic Outlook No 118 — Government final consumption expenditure in India

India: Economic Outlook No 118 — Government final consumption expenditure was 19.73 trillion in 2027. ▲ Rising

Latest (2027)
19.73 trillion
Change on year
up 4.9%
World rank
5th
of 39 countries
All-time high
19.73 trillion
in 2027
All-time low
3.50 trillion
in 1996
Years of data
32
1996–2027

Economic Outlook No 118 — Government final consumption expenditure in India, 1996–2027

5.0T10.0T15.0T20.0T1996201120271996: 3.5T1997: 3.9T1998: 4.4T1999: 5.0T2000: 5.0T2001: 5.1T2002: 5.1T2003: 5.3T2004: 5.5T2005: 6.0T2006: 6.2T2007: 6.8T2008: 7.6T2009: 8.6T2010: 9.1T2011: 9.7T2012: 9.7T2013: 9.8T2014: 10.5T2015: 11.3T2016: 12.0T2017: 13.4T2018: 14.3T2019: 14.9T2020: 14.8T2021: 14.8T2022: 15.4T2023: 16.7T2024: 17.1T2025: 18.0T2026: 18.8T2027: 19.7T

Source: Organisation for Economic Co-operation and Development.

Analysis

India recorded 19.73 trillion for economic outlook no 118 — government final consumption expenditure in 2027. That is the highest value across all 32 years on record.

That represents a change of up 4.9% on the previous year and up 46.7% over ten years.

Over the whole period, economic outlook no 118 — government final consumption expenditure in India peaked at 19.73 trillion in 2027 and was at its lowest, 3.50 trillion, in 1996.

India ranks 5th of 39 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Economic Outlook No 118 — Government final consumption expenditure in India, year by year

Annual values for Economic Outlook No 118 — Government final consumption expenditure, volume in India, 1996 to 2027.
Year Value Change
1996 3.50 trillion
1997 3.89 trillion +11.3%
1998 4.37 trillion +12.2%
1999 4.95 trillion +13.4%
2000 5.02 trillion +1.4%
2001 5.14 trillion +2.4%
2002 5.13 trillion -0.2%
2003 5.27 trillion +2.8%
2004 5.48 trillion +4.0%
2005 5.97 trillion +8.8%
2006 6.21 trillion +4.1%
2007 6.79 trillion +9.4%
2008 7.57 trillion +11.4%
2009 8.64 trillion +14.2%
2010 9.09 trillion +5.2%
2011 9.68 trillion +6.5%
2012 9.74 trillion +0.6%
2013 9.80 trillion +0.6%
2014 10.54 trillion +7.6%
2015 11.33 trillion +7.5%
2016 12.02 trillion +6.1%
2017 13.45 trillion +11.9%
2018 14.35 trillion +6.7%
2019 14.92 trillion +3.9%
2020 14.80 trillion -0.8%
2021 14.80 trillion +0.0%
2022 15.44 trillion +4.3%
2023 16.70 trillion +8.1%
2024 17.08 trillion +2.3%
2025 17.96 trillion +5.2%
2026 18.81 trillion +4.7%
2027 19.73 trillion +4.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.18 trillion 3.50 trillion 4.95 trillion 4
2000s 6.12 trillion 5.02 trillion 8.64 trillion 10
2010s 11.49 trillion 9.09 trillion 14.92 trillion 10
2020s 16.91 trillion 14.80 trillion 19.73 trillion 8

Countries ranked near India

  1. 2 Colombia 177.48 trillion compare
  2. 2 Poland 581.73 billion compare
  3. 3 Croatia 16.87 billion compare
  4. 3 Türkiye 312.27 billion compare
  5. 3 Japan 125.19 trillion compare
  6. 4 Chile 38.75 trillion compare
  7. 4 Netherlands 259.29 billion compare
  8. 5 Lithuania 10.90 billion compare
  9. 6 OECD 13.93 trillion compare
  10. 6 Slovenia 9.98 billion compare
  11. 7 Hungary 12.66 trillion compare
  12. 7 Latvia 6.90 billion compare
  13. 8 Costa Rica 6.59 trillion compare
  14. 8 Estonia 6.31 billion compare

See the full ranking of 50 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is economic outlook no 118 — government final consumption expenditure in India?
Economic outlook no 118 — government final consumption expenditure in India was 19.73 trillion in 2027, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 118 — government final consumption expenditure recorded in India?
The highest recorded value was 19.73 trillion in 2027.
What is the lowest economic outlook no 118 — government final consumption expenditure recorded in India?
The lowest recorded value was 3.50 trillion in 1996.
How does India rank for economic outlook no 118 — government final consumption expenditure?
India ranks 5th out of 39 countries with data for 2027.
Is economic outlook no 118 — government final consumption expenditure rising or falling in India?
Over the last ten years it is up 46.7%. The long-run trend across the full record is rising.
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 118 — Government final consumption expenditure, volume. Statizoid updates them automatically from the source API.

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Economic Outlook No 118 — Government final consumption expenditure in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-118-government-final-consumption-expenditure-volume/india/

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About this data

Indicator
Economic Outlook No 118 — Government final consumption expenditure, volume
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
50 places, 2,525 data points, 1960–2027
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 118 (Edition 2025/2) EO118 Database documentation EO118 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