Tax revenue (current LCU) in India
India: Tax revenue (current LCU) was 18.11 trillion current LCU in 2022. ◆ Volatile
Latest (2022)
18.11 trillion current LCU
World rank
16th
of 157 countries
All-time high
22.71 trillion current LCU
in 2018
All-time low
64.94 billion current LCU
in 1974
Years of data
46
1974–2022
Tax revenue in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in India is 18.11 trillion current LCU, measured in 2022.
Compared with earlier readings it is up 68.0% over ten years.
Over the whole period, tax revenue in India peaked at 22.71 trillion current LCU in 2018 and was at its lowest, 64.94 billion current LCU, in 1974.
India ranks 16th of 157 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in India, year by year
| Year | current LCU | Change |
|---|---|---|
| 1974 | 64.94 billion current LCU | — |
| 1975 | 76.90 billion current LCU | +18.4% |
| 1976 | 84.30 billion current LCU | +9.6% |
| 1977 | 89.43 billion current LCU | +6.1% |
| 1978 | 104.81 billion current LCU | +17.2% |
| 1979 | 119.72 billion current LCU | +14.2% |
| 1980 | 132.74 billion current LCU | +10.9% |
| 1981 | 159.19 billion current LCU | +19.9% |
| 1982 | 179.13 billion current LCU | +12.5% |
| 1983 | 208.61 billion current LCU | +16.5% |
| 1984 | 234.70 billion current LCU | +12.5% |
| 1985 | 286.68 billion current LCU | +22.1% |
| 1986 | 331.97 billion current LCU | +15.8% |
| 1987 | 376.64 billion current LCU | +13.5% |
| 1988 | 444.68 billion current LCU | +18.1% |
| 1989 | 516.38 billion current LCU | +16.1% |
| 1990 | 575.74 billion current LCU | +11.5% |
| 1991 | 673.58 billion current LCU | +17.0% |
| 1992 | 746.37 billion current LCU | +10.8% |
| 1993 | 747.68 billion current LCU | +0.2% |
| 1994 | 922.94 billion current LCU | +23.4% |
| 1995 | 1.11 trillion current LCU | +20.5% |
| 1996 | 1.29 trillion current LCU | +15.8% |
| 1997 | 1.39 trillion current LCU | +8.1% |
| 1998 | 1.44 trillion current LCU | +3.3% |
| 1999 | 1.72 trillion current LCU | +19.4% |
| 2000 | 1.89 trillion current LCU | +9.8% |
| 2001 | 1.87 trillion current LCU | -0.8% |
| 2002 | 2.16 trillion current LCU | +15.6% |
| 2003 | 2.54 trillion current LCU | +17.6% |
| 2004 | 3.05 trillion current LCU | +19.9% |
| 2005 | 3.66 trillion current LCU | +20.1% |
| 2006 | 4.74 trillion current LCU | +29.3% |
| 2007 | 5.93 trillion current LCU | +25.3% |
| 2008 | 6.05 trillion current LCU | +2.0% |
| 2009 | 6.25 trillion current LCU | +3.2% |
| 2010 | 7.93 trillion current LCU | +27.0% |
| 2011 | 8.89 trillion current LCU | +12.1% |
| 2012 | 10.78 trillion current LCU | +21.2% |
| 2013 | 12.36 trillion current LCU | +14.7% |
| 2014 | 12.45 trillion current LCU | +0.7% |
| 2015 | 14.56 trillion current LCU | +16.9% |
| 2016 | 17.16 trillion current LCU | +17.9% |
| 2017 | 19.46 trillion current LCU | +13.4% |
| 2018 | 22.71 trillion current LCU | +16.7% |
| 2022 | 18.11 trillion current LCU | -20.3% |
India compared with similar countries
- India's 18.11 trillion current LCU is above the median for lower middle income countries, which is 306.46 billion current LCU, 59.1× the median. (36 countries reporting)
- India's 18.11 trillion current LCU is above the median for South Asia, which is 1.72 trillion current LCU, 10.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 90.02 billion current LCU | 64.94 billion current LCU | 119.72 billion current LCU | 6 |
| 1980s | 287.07 billion current LCU | 132.74 billion current LCU | 516.38 billion current LCU | 10 |
| 1990s | 1.06 trillion current LCU | 575.74 billion current LCU | 1.72 trillion current LCU | 10 |
| 2000s | 3.81 trillion current LCU | 1.87 trillion current LCU | 6.25 trillion current LCU | 10 |
| 2010s | 14.03 trillion current LCU | 7.93 trillion current LCU | 22.71 trillion current LCU | 9 |
| 2020s | 18.11 trillion current LCU | 18.11 trillion current LCU | 18.11 trillion current LCU | 1 |
Countries ranked near India
- 13 Russia 22.00 trillion current LCU compare
- 14 Cambodia 21.24 trillion current LCU compare
- 15 Hungary 18.53 trillion current LCU compare
- 17 Democratic Republic of Congo 15.07 trillion current LCU compare
- 18 Kazakhstan 14.20 trillion current LCU compare
- 19 Mongolia 13.60 trillion current LCU compare
More public sector data for India
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in India?
- Tax revenue in India was 18.11 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in India?
- The highest recorded value was 22.71 trillion current LCU in 2018.
- What is the lowest tax revenue recorded in India?
- The lowest recorded value was 64.94 billion current LCU in 1974.
- How does India rank for tax revenue?
- India ranks 16th out of 157 countries with data for 2022.
- Is tax revenue rising or falling in India?
- Over the last ten years it is up 68.0%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.