Expense in India
India: Expense was 13.7% in 2022. ▲ Rising
Expense in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, expense in India stood at 13.7%.
That represents a change of down 15.1% over ten years.
Over the whole period, expense in India peaked at 17.2% in 2008 and was at its lowest, 8.7%, in 1974.
That places India 138th out of 157 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Expense in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 8.7% | — |
| 1975 | 10.1% | +15.8% |
| 1976 | 10.6% | +5.1% |
| 1977 | 10.5% | -1.2% |
| 1978 | 11.3% | +7.3% |
| 1979 | 12.3% | +9.3% |
| 1980 | 11.7% | -5.0% |
| 1981 | 11.4% | -2.8% |
| 1982 | 12.0% | +5.1% |
| 1983 | 12.1% | +1.0% |
| 1984 | 13.1% | +8.8% |
| 1985 | 14.4% | +9.4% |
| 1986 | 15.3% | +6.7% |
| 1987 | 15.8% | +2.8% |
| 1988 | 15.5% | -1.6% |
| 1989 | 16.0% | +2.9% |
| 1990 | 15.5% | -3.1% |
| 1991 | 15.3% | -0.9% |
| 1992 | 15.1% | -1.5% |
| 1993 | 15.1% | +0.2% |
| 1994 | 14.6% | -3.6% |
| 1995 | 14.2% | -2.4% |
| 1996 | 14.1% | -1.2% |
| 1997 | 14.6% | +3.7% |
| 1998 | 14.4% | -1.3% |
| 1999 | 14.8% | +2.8% |
| 2000 | 15.4% | +4.1% |
| 2001 | 15.5% | +0.9% |
| 2002 | 16.1% | +3.3% |
| 2003 | 15.6% | -3.0% |
| 2004 | 15.1% | -2.9% |
| 2005 | 15.2% | +0.3% |
| 2006 | 15.2% | +0.1% |
| 2007 | 15.3% | +0.5% |
| 2008 | 17.2% | +12.9% |
| 2009 | 16.9% | -2.2% |
| 2010 | 16.5% | -2.1% |
| 2011 | 14.5% | -12.2% |
| 2012 | 16.2% | +11.6% |
| 2013 | 16.6% | +2.9% |
| 2014 | 14.8% | -11.0% |
| 2015 | 15.1% | +2.2% |
| 2016 | 15.3% | +1.0% |
| 2017 | 15.6% | +2.2% |
| 2018 | 15.7% | +0.3% |
| 2022 | 13.7% | -12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.6% | 8.7% | 12.3% | 6 |
| 1980s | 13.7% | 11.4% | 16.0% | 10 |
| 1990s | 14.8% | 14.1% | 15.5% | 10 |
| 2000s | 15.7% | 15.1% | 17.2% | 10 |
| 2010s | 15.6% | 14.5% | 16.6% | 9 |
| 2020s | 13.7% | 13.7% | 13.7% | 1 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 9.05 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,757 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9875 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,669 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.66 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 86.24 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is expense in India?
- Expense in India was 13.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in India?
- The highest recorded value was 17.2% in 2008.
- What is the lowest expense recorded in India?
- The lowest recorded value was 8.7% in 1974.
- How does India rank for expense?
- India ranks 138th out of 157 countries with data for 2022.
- Is expense rising or falling in India?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.