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India Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

India's tax revenue was 5.88% in 2025, ranked 112th globally. This represents a 12.6% decrease from 2024. Data from World Bank, covering 1974–2025.

5.88% −0.85% (-12.6%)
Year 2025 Rank #112 Global Peak 12.11% (2007) Source World Bank

India Tax Revenue (1974–2025)

Overview

India's tax revenue stood at 5.88% in 2025, a decline of +0.85% from 2022. Based on recent trends, this figure is projected to reach 5.88% by 2025. India ranked 112th globally.

India's tax revenue has experienced significant fluctuations over the past 47 years, with a notable decline in the recent years. As of 2025, the country's tax revenue stands at 5.88% of its GDP, ranking 112 globally. This is a far cry from the all-time peak of 12.11% recorded in 2007, a year which saw a surge in economic growth and increased government efforts to boost revenue collection. In comparison, China, a peer economy, has maintained a higher tax revenue-to-GDP ratio of 7.13% over the same period. The recent decline in India's tax revenue is also a concern, as it coincides with the all-time trough of 5.88% in 2025. This trend may be attributed to various factors, including a decline in the country's economic growth rate and a decrease in tax compliance. To reverse this trend, the Indian government may need to implement policies aimed at increasing tax revenue, such as broadening the tax base and improving tax administration.

Data & projection

Year Tax Revenue YoY change Rank
2025* trend 5.88% - -
2025 5.88% −0.85% #112
2022 6.73% −5.28% #4
2018 12.02% +0.63% #33
2017 11.39% +0.24% #28
2016 11.15% +0.58% #26
2015 10.57% +0.59% #23
2014 9.98% −1.02% #19
2013 11.00% +0.16% #25
2012 10.84% +0.66% #24
2011 10.18% −0.21% #20
2010 10.39% +0.58% #21
2009 9.81% −1.17% #19
2008 10.98% −1.13% #22
2007 12.11% +0.98% #22
2006 11.13% +1.05% #19
Show all years (1974-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 12.0% Real rate -2.0%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

India matched the Fiscal Dominance Trap pattern in 2010. Historically, 72% of countries showing this pattern (278 out of 386) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is India's tax revenue?▾

India's tax revenue was 5.88% in 2025. Ranked 112th globally. This represents a 12.6% decrease from the previous year.

What was the highest tax revenue in India?▾

India's tax revenue peaked at 12.11% in 2007.

What was the lowest tax revenue in India?▾

The lowest tax revenue in India was 5.88% in 2025.

How does India rank in tax revenue?▾

India ranks 112th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of India in 2025?▾

India's tax revenue is projected to reach 5.88% by 2025 based on trend extrapolation.

What is the tax revenue of India in 2025?▾

The tax revenue of India in 2025 was 5.88%. This ranks 112th in the world.

Cite this page

APA
India Tax Revenue. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/india/tax-revenue/
BibTeX
@misc{historysaid_india_tax-revenue, title = {India Tax Revenue}, url = {https://historysaid.com/india/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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