Subsidies and other transfers (current LCU) in India
India: Subsidies and other transfers (current LCU) was 15.24 trillion current LCU in 2022. ◆ Volatile
Subsidies and other transfers in India, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
India recorded 15.24 trillion current LCU for subsidies and other transfers in 2022. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 144.2% over ten years.
Over the whole period, subsidies and other transfers in India peaked at 15.24 trillion current LCU in 2022 and was at its lowest, 283.11 billion current LCU, in 1990.
That places India 13th out of 153 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in India, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 283.11 billion current LCU | — |
| 1991 | 335.30 billion current LCU | +18.4% |
| 1992 | 389.53 billion current LCU | +16.2% |
| 1993 | 451.80 billion current LCU | +16.0% |
| 1994 | 499.40 billion current LCU | +10.5% |
| 1995 | 569.96 billion current LCU | +14.1% |
| 1996 | 644.80 billion current LCU | +13.1% |
| 1997 | 729.06 billion current LCU | +13.1% |
| 1998 | 699.35 billion current LCU | -4.1% |
| 2002 | 1.71 trillion current LCU | +143.9% |
| 2003 | 1.17 trillion current LCU | -31.3% |
| 2004 | 1.23 trillion current LCU | +4.9% |
| 2005 | 1.54 trillion current LCU | +25.7% |
| 2006 | 2.02 trillion current LCU | +30.7% |
| 2007 | 2.76 trillion current LCU | +36.5% |
| 2008 | 3.07 trillion current LCU | +11.3% |
| 2009 | 3.67 trillion current LCU | +19.8% |
| 2010 | 4.66 trillion current LCU | +26.8% |
| 2011 | 4.72 trillion current LCU | +1.2% |
| 2012 | 6.24 trillion current LCU | +32.3% |
| 2013 | 7.57 trillion current LCU | +21.3% |
| 2014 | 6.96 trillion current LCU | -8.1% |
| 2015 | 8.48 trillion current LCU | +21.7% |
| 2016 | 10.03 trillion current LCU | +18.3% |
| 2017 | 11.77 trillion current LCU | +17.3% |
| 2018 | 13.22 trillion current LCU | +12.3% |
| 2022 | 15.24 trillion current LCU | +15.3% |
India compared with similar countries
- India's 15.24 trillion current LCU is above the median for lower middle income countries, which is 144.76 billion current LCU, 105.3× the median. (36 countries reporting)
- India's 15.24 trillion current LCU is above the median for South Asia, which is 854.86 billion current LCU, 17.8× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (current LCU) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +143.9% | 699.35 billion current LCU | 1.71 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 511.37 billion current LCU | 283.11 billion current LCU | 729.06 billion current LCU | 9 |
| 2000s | 2.15 trillion current LCU | 1.17 trillion current LCU | 3.67 trillion current LCU | 8 |
| 2010s | 8.18 trillion current LCU | 4.66 trillion current LCU | 13.22 trillion current LCU | 9 |
| 2020s | 15.24 trillion current LCU | 15.24 trillion current LCU | 15.24 trillion current LCU | 1 |
Countries ranked near India
More public sector data for India
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- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is subsidies and other transfers in India?
- Subsidies and other transfers in India was 15.24 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in India?
- The highest recorded value was 15.24 trillion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in India?
- The lowest recorded value was 283.11 billion current LCU in 1990.
- How does India rank for subsidies and other transfers?
- India ranks 13th out of 153 countries with data for 2022.
- Is subsidies and other transfers rising or falling in India?
- Over the last ten years it is up 144.2%. The long-run trend across the full record is volatile.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.