India Government Revenue
General government revenue as % of GDP GGR_NGDP
India's government revenue was 20.23% in 2025, ranked 133rd globally. This represents a 1.2% decrease from 2024. Data from IMF WEO, covering 1988–2025.
Overview
India's government revenue stood at 20.23% in 2025, a decline of +0.26% from 2024. The IMF projects 20.23% by 2025. India ranked 133rd globally.
India's government revenue has experienced fluctuations over the past 38 years, with a notable peak in 2007 at 22.36% of the country's GDP. However, this peak was short-lived, and the revenue gradually declined to a trough of 16.29% in 1998. Since then, the revenue has shown a steady, albeit slow, increase, reaching 20.23% in 2025. This growth is comparable to that of peer countries, such as San Marino, which also has a revenue of 20.24% in 2025. Despite this progress, India's government revenue remains below the global average, ranking 133rd in 2025. The recent increase in revenue is likely a result of the government's efforts to diversify its revenue streams and implement policies aimed at stimulating economic growth. A further decline in the budget deficit and an increase in tax revenues could propel India's government revenue towards the global average, potentially altering the country's trajectory and improving its ranking in the years to come.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 20.61% | - | - |
| 2029* IMF | 20.51% | - | - |
| 2028* IMF | 20.42% | - | - |
| 2027* IMF | 20.32% | - | - |
| 2026* IMF | 20.23% | - | - |
| 2025* IMF | 20.23% | - | - |
| 2025 | 20.23% | −0.26% | #133 |
| 2024 | 20.48% | −0.01% | #132 |
| 2023 | 20.49% | +0.36% | #135 |
| 2022 | 20.13% | −0.31% | #136 |
| 2021 | 20.44% | +2.28% | #134 |
| 2020 | 18.16% | −1.00% | #145 |
| 2019 | 19.15% | −0.80% | #149 |
| 2018 | 19.95% | −0.05% | #138 |
| 2017 | 20.00% | −0.11% | #136 |
| 2016 | 20.11% | +0.26% | #130 |
| 2015 | 19.85% | +0.70% | #137 |
| 2014 | 19.15% | −0.45% | #150 |
| 2013 | 19.60% | −0.21% | #146 |
| 2012 | 19.81% | +0.52% | #144 |
| 2011 | 19.29% | +0.10% | #144 |
Detected Pattern
Analysis
India matched the Fiscal Dominance Trap pattern in 2010. Historically, 72% of countries showing this pattern (278 out of 386) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
India's government revenue was 20.23% in 2025. Ranked 133rd globally. This represents a 1.2% decrease from the previous year.
India's government revenue peaked at 22.36% in 2007.
The lowest government revenue in India was 16.29% in 1998.
India ranks 133rd globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
India's government revenue is projected to reach 20.23% by 2025 based on IMF projection.
The government revenue of India in 2025 was 20.23%. This ranks 133rd in the world.
Cite this page
@misc{historysaid_india_government-revenue,
title = {India Government Revenue},
url = {https://historysaid.com/india/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}