In fiscal year 2023, the ratio of primary revenue deficit to GDP in India was reported to be at 0.5 percent, down from nearly four percent in fiscal year 2021. A primary deficit marks the difference between the revenue deficit and the interest paid on borrowings.
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025
*Revised estimate.
**Budget estimate.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
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Reserve Bank of India. (June 3, 2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025." Chart. June 3, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. (2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary Revenue Deficit as a Percent of Gdp in India from Financial Year 2011 to 2023, with Estimates until 2025." Statista, Statista Inc., 3 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India, Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/ (last visited November 10, 2024)
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
