Revenue, excluding grants in India
India: Revenue, excluding grants was 9.4% in 2022. ▲ Rising
Revenue, excluding grants in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in India is 9.4%, measured in 2022. That is the lowest value across all 46 years on record.
The figure is down 25.6% over ten years.
Over the whole period, revenue, excluding grants in India peaked at 14.4% in 2007 and was at its lowest, 9.4%, in 2022.
India ranks 151st of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Revenue, excluding grants in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 9.4% | — |
| 1975 | 10.7% | +13.1% |
| 1976 | 11.1% | +3.7% |
| 1977 | 10.8% | -2.3% |
| 1978 | 11.4% | +5.3% |
| 1979 | 11.5% | +1.3% |
| 1980 | 10.8% | -6.0% |
| 1981 | 11.1% | +2.9% |
| 1982 | 11.5% | +3.1% |
| 1983 | 11.2% | -2.7% |
| 1984 | 11.6% | +3.7% |
| 1985 | 12.5% | +8.1% |
| 1986 | 13.1% | +4.2% |
| 1987 | 13.1% | +0.1% |
| 1988 | 12.8% | -1.7% |
| 1989 | 13.5% | +5.4% |
| 1990 | 12.4% | -8.3% |
| 1991 | 12.9% | +3.7% |
| 1992 | 12.8% | -0.5% |
| 1993 | 11.5% | -10.5% |
| 1994 | 11.9% | +3.6% |
| 1995 | 12.2% | +2.3% |
| 1996 | 12.2% | +0.6% |
| 1997 | 12.0% | -2.3% |
| 1998 | 11.0% | -8.1% |
| 1999 | 11.7% | +6.5% |
| 2000 | 11.7% | +0.0% |
| 2001 | 11.0% | -5.7% |
| 2002 | 11.6% | +5.0% |
| 2003 | 11.9% | +2.2% |
| 2004 | 12.1% | +1.9% |
| 2005 | 12.3% | +2.1% |
| 2006 | 13.3% | +8.0% |
| 2007 | 14.4% | +8.4% |
| 2008 | 12.8% | -11.6% |
| 2009 | 11.4% | -10.5% |
| 2010 | 13.2% | +15.4% |
| 2011 | 11.5% | -12.8% |
| 2012 | 12.6% | +9.6% |
| 2013 | 12.6% | +0.1% |
| 2014 | 11.6% | -8.4% |
| 2015 | 12.4% | +7.5% |
| 2016 | 12.9% | +3.5% |
| 2017 | 12.7% | -1.0% |
| 2018 | 13.2% | +3.6% |
| 2022 | 9.4% | -28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.8% | 9.4% | 11.5% | 6 |
| 1980s | 12.1% | 10.8% | 13.5% | 10 |
| 1990s | 12.1% | 11.0% | 12.9% | 10 |
| 2000s | 12.3% | 11.0% | 14.4% | 10 |
| 2010s | 12.5% | 11.5% | 13.2% | 9 |
| 2020s | 9.4% | 9.4% | 9.4% | 1 |
Countries ranked near India
- 148 Panama 10.7% compare
- 149 Guinea-Bissau 10.2% compare
- 150 Bangladesh 9.5% compare
- 152 Central African Republic 9.2% compare
- 153 Sudan 8.8% compare
- 154 Zimbabwe 8.1% compare
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)
- Gross capital formation (current US$), annual growth rate 5.98 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.346 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 935.14 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.43 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 30.22 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 81,663 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 6.47 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.305 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in India?
- Revenue, excluding grants in India was 9.4% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in India?
- The highest recorded value was 14.4% in 2007.
- What is the lowest revenue, excluding grants recorded in India?
- The lowest recorded value was 9.4% in 2022.
- How does India rank for revenue, excluding grants?
- India ranks 151st out of 157 countries with data for 2022.
- Is revenue, excluding grants rising or falling in India?
- Over the last ten years it is down 25.6%. 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.