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Spending on above-the-line additional health and non-health sector fiscal measures in response to COVID-19 in India and worldwide in 2020

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Source

Release date

July 2021

Region

Worldwide, India

Survey time period

2019 to 2020

Supplementary notes

The source states: "The ‘Reference group’ refers to the closest peer group statistic under which India falls. (...) The reference group for the fiscal measures is the Emerging Market and Developing Economies (EMDEs) classification by the IMF. (...) Fiscal measures are obtained from Fiscal Monitor Database of Country Fiscal Measures in Response to the COVID-19 Pandemic as of April 2021, International Monetary Fund."

Citation formats

Above-the-line health and non-health sector fiscal measures for COVID-19 India 2020

Published by Zeynep Dierks, Mar 21, 2022
In 2020, India contributed respectively *** and three percent of its GDP (gross domestic product) to above-the-line additional fiscal measures for both health and non-health sectors in response to the COVID-19 pandemic. According to the source, these measures included spending on health infrastructure, care packages, as well as financial and necessity support for workers. Meanwhile, the global spending on above-the-line additional health and non-health sector fiscal measures amounted to respectively *** and *** percent of world GDP in 2020.
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