*Revised estimate.
**Budget estimate.
India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.
Citation formats
Primary revenue deficit as a percent of GDP in India FY 2011-2025
In fiscal year 2023, the ratio of primary revenue deficit to GDP in India was reported to be at *** percent, down from nearly **** percent in fiscal year 2021. A primary deficit marks the difference between the revenue deficit and the interest paid on borrowings.
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Reserve Bank of India. (June 3, 2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025." Chart. June 3, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. (2024). Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India. "Primary Revenue Deficit as a Percent of Gdp in India from Financial Year 2011 to 2023, with Estimates until 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 Jun 2024, /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
Reserve Bank of India, Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 ÌÇÐÄÆƽâ°æ, /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/ (last visited August 04, 2026)
Primary revenue deficit as a percent of GDP in India from financial year 2011 to 2023, with estimates until 2025 [Graph], Reserve Bank of India, June 3, 2024. [Online]. Available: /statistics/813932/india-primary-revenue-deficit-as-a-percent-of-gdp/
