India
Government finance and price level data from the World Bank WDI.
Government finances
Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.
Government debt
46.5% GDP
2018
Govt expenditure
13.7% GDP
2022
Budget deficit
5.3% GDP
2022
Price level
India is 77.0% cheaper than the USA overall (2025). Index: USA = 100.
Overall price level
23.1(USA=100)
2025
Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.
Government debt since 2004
| Year | Debt (% GDP) | Change |
|---|---|---|
| 2004 | 62.6 | — |
| 2005 | 62.2 | -0.4 |
| 2006 | 59.7 | -2.6 |
| 2007 | 57.5 | -2.2 |
| 2008 | 57.3 | -0.2 |
| 2009 | 55.3 | -2 |
| 2010 | 51.6 | -3.7 |
| 2011 | 51.6 | -0 |
| 2012 | 50.7 | -0.9 |
| 2013 | 50.3 | -0.4 |
| 2014 | 49.9 | -0.4 |
| 2015 | 50 | +0.1 |
| 2016 | 47.6 | -2.3 |
| 2017 | 47.6 | -0.1 |
| 2018 | 46.5 | -1.1 |
Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt debt / expenditure / revenue / surplus | World Bank WDI (GC.* indicators) | 2000–2024 |
| Price level index (USA=100) | World Bank WDI PPP/XR ratio | 1990–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | EEA/EU only |
| Statutory tax rates | OECD / EC Taxation Trends 2024 | EU+EFTA only |