India State Finances: Major Deficit Indicators

State Finances: Actuals: Gross Fiscal Deficit

1991 - 2023 | Yearly | INR mn | Reserve Bank of India

State Finances: Actuals: Gross Fiscal Deficit data was reported at 7,216,319.000 INR mn in 2023. This records an increase from the previous number of 6,546,782.000 INR mn for 2022. State Finances: Actuals: Gross Fiscal Deficit data is updated yearly, averaging 1,077,740.000 INR mn from Mar 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 8,045,743.000 INR mn in 2021 and a record low of 187,900.000 INR mn in 1991. State Finances: Actuals: Gross Fiscal Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
7,216,319.000 2023 yearly 1991 - 2023

View India's State Finances: Actuals: Gross Fiscal Deficit from 1991 to 2023 in the chart:

India State Finances: Actuals: Gross Fiscal Deficit

State Finances: Actuals: Net Reserve Bank of India Credit to States

1991 - 2023 | Yearly | INR mn | Reserve Bank of India

State Finances: Actuals: Net Reserve Bank of India Credit to States data was reported at -8,749.000 INR mn in 2023. This records an increase from the previous number of -17,162.000 INR mn for 2022. State Finances: Actuals: Net Reserve Bank of India Credit to States data is updated yearly, averaging 1,800.000 INR mn from Mar 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 55,800.000 INR mn in 1999 and a record low of -38,440.000 INR mn in 2006. State Finances: Actuals: Net Reserve Bank of India Credit to States data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
-8,749.000 2023 yearly 1991 - 2023

View India's State Finances: Actuals: Net Reserve Bank of India Credit to States from 1991 to 2023 in the chart:

India State Finances: Actuals: Net Reserve Bank of India Credit to States

State Finances: Actuals: Primary Deficit

1991 - 2023 | Yearly | INR mn | Reserve Bank of India

State Finances: Actuals: Primary Deficit data was reported at 2,628,843.000 INR mn in 2023. This records an increase from the previous number of 2,272,692.000 INR mn for 2022. State Finances: Actuals: Primary Deficit data is updated yearly, averaging 366,407.000 INR mn from Mar 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 4,175,461.000 INR mn in 2021 and a record low of -243,759.000 INR mn in 2008. State Finances: Actuals: Primary Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
2,628,843.000 2023 yearly 1991 - 2023

View India's State Finances: Actuals: Primary Deficit from 1991 to 2023 in the chart:

India State Finances: Actuals: Primary Deficit

State Finances: Actuals: Primary Revenue Deficit

1991 - 2023 | Yearly | INR mn | Reserve Bank of India

State Finances: Actuals: Primary Revenue Deficit data was reported at -3,972,054.000 INR mn in 2023. This records a decrease from the previous number of -3,253,770.000 INR mn for 2022. State Finances: Actuals: Primary Revenue Deficit data is updated yearly, averaging -770,111.000 INR mn from Mar 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 99,100.000 INR mn in 2000 and a record low of -3,972,054.000 INR mn in 2023. State Finances: Actuals: Primary Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
-3,972,054.000 2023 yearly 1991 - 2023

View India's State Finances: Actuals: Primary Revenue Deficit from 1991 to 2023 in the chart:

India State Finances: Actuals: Primary Revenue Deficit

State Finances: Actuals: Revenue Deficit

1991 - 2023 | Yearly | INR mn | Reserve Bank of India

State Finances: Actuals: Revenue Deficit data was reported at 615,422.000 INR mn in 2023. This records a decrease from the previous number of 1,020,321.000 INR mn for 2022. State Finances: Actuals: Revenue Deficit data is updated yearly, averaging 174,900.000 INR mn from Mar 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 3,712,221.000 INR mn in 2021 and a record low of -429,427.000 INR mn in 2008. State Finances: Actuals: Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
615,422.000 2023 yearly 1991 - 2023

View India's State Finances: Actuals: Revenue Deficit from 1991 to 2023 in the chart:

India State Finances: Actuals: Revenue Deficit

State Finances: BE: Primary Deficit

2002 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: BE: Primary Deficit data was reported at 4,756,066.000 INR mn in 2025. This records an increase from the previous number of 4,290,006.000 INR mn for 2024. State Finances: BE: Primary Deficit data is updated yearly, averaging 773,765.000 INR mn from Mar 2002 (Median) to 2025, with 24 observations. The data reached an all-time high of 4,756,066.000 INR mn in 2025 and a record low of 42,700.000 INR mn in 2009. State Finances: BE: Primary Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
4,756,066.000 2025 yearly 2002 - 2025

View India's State Finances: BE: Primary Deficit from 2002 to 2025 in the chart:

India State Finances: BE: Primary Deficit

State Finances: BE: Primary Revenue Deficit

2014 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: BE: Primary Revenue Deficit data was reported at -4,834,121.000 INR mn in 2025. This records an increase from the previous number of -4,843,412.000 INR mn for 2024. State Finances: BE: Primary Revenue Deficit data is updated yearly, averaging -3,327,299.000 INR mn from Mar 2014 (Median) to 2025, with 12 observations. The data reached an all-time high of -2,211,000.000 INR mn in 2014 and a record low of -4,843,412.000 INR mn in 2024. State Finances: BE: Primary Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
-4,834,121.000 2025 yearly 2014 - 2025

View India's State Finances: BE: Primary Revenue Deficit from 2014 to 2025 in the chart:

India State Finances: BE: Primary Revenue Deficit

State Finances: BE: Revenue Deficit

2002 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: BE: Revenue Deficit data was reported at 801,195.000 INR mn in 2025. This records an increase from the previous number of 349,189.000 INR mn for 2024. State Finances: BE: Revenue Deficit data is updated yearly, averaging 23,353.738 INR mn from Mar 2002 (Median) to 2025, with 24 observations. The data reached an all-time high of 1,177,790.000 INR mn in 2022 and a record low of -541,700.000 INR mn in 2015. State Finances: BE: Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
801,195.000 2025 yearly 2002 - 2025

View India's State Finances: BE: Revenue Deficit from 2002 to 2025 in the chart:

India State Finances: BE: Revenue Deficit

State Finances: Budget Estimates (BE): Gross Fiscal Deficit

2002 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: Budget Estimates (BE): Gross Fiscal Deficit data was reported at 10,391,381.000 INR mn in 2025. This records an increase from the previous number of 9,482,607.000 INR mn for 2024. State Finances: Budget Estimates (BE): Gross Fiscal Deficit data is updated yearly, averaging 2,301,600.000 INR mn from Mar 2002 (Median) to 2025, with 24 observations. The data reached an all-time high of 10,391,381.000 INR mn in 2025 and a record low of 956,220.000 INR mn in 2002. State Finances: Budget Estimates (BE): Gross Fiscal Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
10,391,381.000 2025 yearly 2002 - 2025

View India's State Finances: Budget Estimates (BE): Gross Fiscal Deficit from 2002 to 2025 in the chart:

India State Finances: Budget Estimates (BE): Gross Fiscal Deficit

State Finances: Gross Fiscal Deficit

1991 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: Gross Fiscal Deficit data was reported at 10,391,381.000 INR mn in 2025. This records an increase from the previous number of 10,368,188.000 INR mn for 2024. State Finances: Gross Fiscal Deficit data is updated yearly, averaging 1,206,310.000 INR mn from Mar 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 10,391,381.000 INR mn in 2025 and a record low of 187,900.000 INR mn in 1991. State Finances: Gross Fiscal Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
10,391,381.000 2025 yearly 1991 - 2025

View India's State Finances: Gross Fiscal Deficit from 1991 to 2025 in the chart:

India State Finances: Gross Fiscal Deficit

State Finances: Net Reserve Bank of India Credit to States

1991 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: Net Reserve Bank of India Credit to States data was reported at 58,507.000 INR mn in 2024. This records an increase from the previous number of -8,749.000 INR mn for 2023. State Finances: Net Reserve Bank of India Credit to States data is updated yearly, averaging 1,830.000 INR mn from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 58,507.000 INR mn in 2024 and a record low of -38,440.000 INR mn in 2006. State Finances: Net Reserve Bank of India Credit to States data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
58,507.000 2024 yearly 1991 - 2024

View India's State Finances: Net Reserve Bank of India Credit to States from 1991 to 2024 in the chart:

India State Finances: Net Reserve Bank of India Credit to States

State Finances: Primary Deficit

1991 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: Primary Deficit data was reported at 4,756,066.000 INR mn in 2025. This records a decrease from the previous number of 5,180,865.000 INR mn for 2024. State Finances: Primary Deficit data is updated yearly, averaging 369,400.000 INR mn from Mar 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 5,180,865.000 INR mn in 2024 and a record low of -243,759.000 INR mn in 2008. State Finances: Primary Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
4,756,066.000 2025 yearly 1991 - 2025

View India's State Finances: Primary Deficit from 1991 to 2025 in the chart:

India State Finances: Primary Deficit

State Finances: Primary Revenue Deficit

1991 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: Primary Revenue Deficit data was reported at -4,834,121.000 INR mn in 2025. This records a decrease from the previous number of -3,778,386.000 INR mn for 2024. State Finances: Primary Revenue Deficit data is updated yearly, averaging -817,896.000 INR mn from Mar 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 99,100.000 INR mn in 2000 and a record low of -4,834,121.000 INR mn in 2025. State Finances: Primary Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
-4,834,121.000 2025 yearly 1991 - 2025

View India's State Finances: Primary Revenue Deficit from 1991 to 2025 in the chart:

India State Finances: Primary Revenue Deficit

State Finances: RE: Net Reserve Bank of India Credit to States

2001 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: RE: Net Reserve Bank of India Credit to States data was reported at 58,507.000 INR mn in 2024. This records an increase from the previous number of -8,749.000 INR mn for 2023. State Finances: RE: Net Reserve Bank of India Credit to States data is updated yearly, averaging -2,000.000 INR mn from Mar 2001 (Median) to 2024, with 23 observations. The data reached an all-time high of 58,507.000 INR mn in 2024 and a record low of -34,860.000 INR mn in 2008. State Finances: RE: Net Reserve Bank of India Credit to States data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
58,507.000 2024 yearly 2001 - 2024

View India's State Finances: RE: Net Reserve Bank of India Credit to States from 2001 to 2024 in the chart:

India State Finances: RE: Net Reserve Bank of India Credit to States

State Finances: RE: Primary Deficit

2001 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: RE: Primary Deficit data was reported at 5,180,865.000 INR mn in 2024. This records an increase from the previous number of 4,514,817.000 INR mn for 2023. State Finances: RE: Primary Deficit data is updated yearly, averaging 899,585.000 INR mn from Mar 2001 (Median) to 2024, with 24 observations. The data reached an all-time high of 5,383,007.000 INR mn in 2021 and a record low of 50,800.000 INR mn in 2008. State Finances: RE: Primary Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
5,180,865.000 2024 yearly 2001 - 2024

View India's State Finances: RE: Primary Deficit from 2001 to 2024 in the chart:

India State Finances: RE: Primary Deficit

State Finances: RE: Primary Revenue Deficit

2013 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: RE: Primary Revenue Deficit data was reported at -3,778,386.000 INR mn in 2024. This records a decrease from the previous number of -3,469,436.000 INR mn for 2023. State Finances: RE: Primary Revenue Deficit data is updated yearly, averaging -2,149,602.629 INR mn from Mar 2013 (Median) to 2024, with 12 observations. The data reached an all-time high of 17,982.000 INR mn in 2021 and a record low of -3,778,386.000 INR mn in 2024. State Finances: RE: Primary Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
-3,778,386.000 2024 yearly 2013 - 2024

View India's State Finances: RE: Primary Revenue Deficit from 2013 to 2024 in the chart:

India State Finances: RE: Primary Revenue Deficit

State Finances: RE: Revenue Deficit

2001 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: RE: Revenue Deficit data was reported at 1,408,937.000 INR mn in 2024. This records an increase from the previous number of 1,253,848.000 INR mn for 2023. State Finances: RE: Revenue Deficit data is updated yearly, averaging 396,760.000 INR mn from Mar 2001 (Median) to 2024, with 24 observations. The data reached an all-time high of 3,951,491.000 INR mn in 2021 and a record low of -225,260.000 INR mn in 2008. State Finances: RE: Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
1,408,937.000 2024 yearly 2001 - 2024

View India's State Finances: RE: Revenue Deficit from 2001 to 2024 in the chart:

India State Finances: RE: Revenue Deficit

State Finances: Revenue Deficit

1991 - 2025 | Yearly | INR mn | Reserve Bank of India

State Finances: Revenue Deficit data was reported at 801,195.000 INR mn in 2025. This records a decrease from the previous number of 1,408,937.000 INR mn for 2024. State Finances: Revenue Deficit data is updated yearly, averaging 177,692.000 INR mn from Mar 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 3,712,221.000 INR mn in 2021 and a record low of -429,427.000 INR mn in 2008. State Finances: Revenue Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
801,195.000 2025 yearly 1991 - 2025

View India's State Finances: Revenue Deficit from 1991 to 2025 in the chart:

India State Finances: Revenue Deficit

State Finances: Revised Estimates (RE): Gross Fiscal Deficit

2001 - 2024 | Yearly | INR mn | Reserve Bank of India

State Finances: Revised Estimates (RE): Gross Fiscal Deficit data was reported at 10,368,188.000 INR mn in 2024. This records an increase from the previous number of 9,238,100.000 INR mn for 2023. State Finances: Revised Estimates (RE): Gross Fiscal Deficit data is updated yearly, averaging 2,247,555.000 INR mn from Mar 2001 (Median) to 2024, with 24 observations. The data reached an all-time high of 10,368,188.000 INR mn in 2024 and a record low of 952,770.000 INR mn in 2001. State Finances: Revised Estimates (RE): Gross Fiscal Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FE001: State Finances: Major Deficit Indicators.

Last Frequency Range
10,368,188.000 2024 yearly 2001 - 2024

View India's State Finances: Revised Estimates (RE): Gross Fiscal Deficit from 2001 to 2024 in the chart:

India State Finances: Revised Estimates (RE): Gross Fiscal Deficit
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