Cyclically adjusted balance, General government, Percent of potential in India
India: Cyclically adjusted balance, General government, Percent of potential was -6.63 in 2030. ▲ Rising
Cyclically adjusted balance, General government, Percent of potential in India, 1997–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted balance, general government, percent of potential in India is -6.63, measured in 2030.
That represents a change of up 2.1% on the previous year and up 12.7% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in India peaked at -5.21 in 2007 and was at its lowest, -11.09, in 2003.
That places India 84th out of 88 countries with data for 2030, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Cyclically adjusted balance, General government, Percent of potential in India, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | -8.29 | — |
| 1998 | -9.78 | +17.9% |
| 1999 | -9.14 | -6.6% |
| 2000 | -8.47 | -7.3% |
| 2001 | -10.98 | +29.7% |
| 2002 | -10.38 | -5.5% |
| 2003 | -11.09 | +6.8% |
| 2004 | -8.93 | -19.4% |
| 2005 | -7.48 | -16.3% |
| 2006 | -6.59 | -11.9% |
| 2007 | -5.21 | -20.9% |
| 2008 | -8.74 | +67.7% |
| 2009 | -9.46 | +8.2% |
| 2010 | -9.23 | -2.4% |
| 2011 | -8.62 | -6.6% |
| 2012 | -7.44 | -13.6% |
| 2013 | -6.75 | -9.3% |
| 2014 | -6.89 | +2.0% |
| 2015 | -7.2 | +4.6% |
| 2016 | -7.39 | +2.6% |
| 2017 | -6.06 | -18.0% |
| 2018 | -6.49 | +7.0% |
| 2019 | -7.16 | +10.4% |
| 2020 | -7.6 | +6.1% |
| 2021 | -7.71 | +1.5% |
| 2022 | -8.16 | +5.8% |
| 2023 | -7.42 | -9.2% |
| 2024 | -7.91 | +6.6% |
| 2025 | -7.15 | -9.6% |
| 2026 | -7.1 | -0.7% |
| 2027 | -7.05 | -0.7% |
| 2028 | -6.93 | -1.6% |
| 2029 | -6.78 | -2.3% |
| 2030 | -6.63 | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -9.07 | -9.78 | -8.29 | 3 |
| 2000s | -8.73 | -11.09 | -5.21 | 10 |
| 2010s | -7.32 | -9.23 | -6.06 | 10 |
| 2020s | -7.38 | -8.16 | -6.78 | 10 |
| 2030s | -6.63 | -6.63 | -6.63 | 1 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0229 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in India?
- Cyclically adjusted balance, general government, percent of potential in India was -6.63 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in India?
- The highest recorded value was -5.21 in 2007.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in India?
- The lowest recorded value was -11.09 in 2003.
- How does India rank for cyclically adjusted balance, general government, percent of potential?
- India ranks 84th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in India?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October