Total Expenditure (general government) — Value Standard Local Currency in India

India: Total Expenditure (general government) — Value Standard Local Currency was 77.17 million million SLC in 2023. ◆ Volatile

Latest (2023)
77.17 million million SLC
Change on year
up 11.9%
World rank
8th
of 114 countries
All-time high
77.17 million million SLC
in 2023
All-time low
6.88 million million SLC
in 2001
Years of data
23
2001–2023

Total Expenditure (general government) — Value Standard Local Currency in India, 2001–2023

020.0M40.0M60.0M80.0M2001201220232001: 6.9M million SLC2002: 7.4M million SLC2003: 8.0M million SLC2004: 9.2M million SLC2005: 10.5M million SLC2006: 12.3M million SLC2007: 14.3M million SLC2008: 17.6M million SLC2009: 19.8M million SLC2010: 23.4M million SLC2011: 24.8M million SLC2012: 21.9M million SLC2013: 23.7M million SLC2014: 26.4M million SLC2015: 29.5M million SLC2016: 33.9M million SLC2017: 38.7M million SLC2018: 42.3M million SLC2019: 50.1M million SLC2020: 60.4M million SLC2021: 64.1M million SLC2022: 69.0M million SLC2023: 77.2M million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

India recorded 77.17 million million SLC for total expenditure (general government) — value standard local currency in 2023. That is the highest value across all 23 years on record.

That represents a change of up 11.9% on the previous year and up 225.9% over ten years.

Over the whole period, total expenditure (general government) — value standard local currency in India peaked at 77.17 million million SLC in 2023 and was at its lowest, 6.88 million million SLC, in 2001.

India ranks 8th of 114 countries on this measure, in the top 10%.

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

Total Expenditure (general government) — Value Standard Local Currency in India, year by year

Annual values for Total Expenditure (general government) — Value Standard Local Currency in India, 2001 to 2023.
Year million SLC Change
2001 6.88 million million SLC
2002 7.41 million million SLC +7.7%
2003 8.05 million million SLC +8.6%
2004 9.16 million million SLC +13.8%
2005 10.49 million million SLC +14.5%
2006 12.33 million million SLC +17.6%
2007 14.29 million million SLC +15.9%
2008 17.61 million million SLC +23.2%
2009 19.79 million million SLC +12.4%
2010 23.44 million million SLC +18.5%
2011 24.80 million million SLC +5.8%
2012 21.90 million million SLC -11.7%
2013 23.67 million million SLC +8.1%
2014 26.40 million million SLC +11.5%
2015 29.51 million million SLC +11.8%
2016 33.91 million million SLC +14.9%
2017 38.67 million million SLC +14.0%
2018 42.31 million million SLC +9.4%
2019 50.10 million million SLC +18.4%
2020 60.40 million million SLC +20.6%
2021 64.09 million million SLC +6.1%
2022 68.96 million million SLC +7.6%
2023 77.17 million million SLC +11.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.78 million million SLC 6.88 million million SLC 19.79 million million SLC 9
2010s 31.47 million million SLC 21.90 million million SLC 50.10 million million SLC 10
2020s 67.66 million million SLC 60.40 million million SLC 77.17 million million SLC 4

Countries ranked near India

  1. 5 Japan 236.30 million million SLC compare
  2. 6 Iraq 102.85 million million SLC compare
  3. 7 Paraguay 91.62 million million SLC compare
  4. 9 Russian Federation 74.17 million million SLC compare
  5. 10 Nigeria 39.86 million million SLC compare
  6. 11 China, mainland 38.49 million million SLC compare

See the full ranking of 123 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is total expenditure (general government) — value standard local currency in India?
Total expenditure (general government) — value standard local currency in India was 77.17 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) — value standard local currency recorded in India?
The highest recorded value was 77.17 million million SLC in 2023.
What is the lowest total expenditure (general government) — value standard local currency recorded in India?
The lowest recorded value was 6.88 million million SLC in 2001.
How does India rank for total expenditure (general government) — value standard local currency?
India ranks 8th out of 114 countries with data for 2023.
Is total expenditure (general government) — value standard local currency rising or falling in India?
Over the last ten years it is up 225.9%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Expenditure (general government) — Value Standard Local Currency in India. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/total-expenditure-general-government-value-standard-local-currency/india/

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About this data

Indicator
Total Expenditure (general government) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 data points, 2001–2024
Last refreshed

The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.