Net lending (+) / net borrowing (-) in India
India: Net lending (+) / net borrowing (-) was -13.74 trillion current LCU in 2022. ◆ Volatile
Net lending (+) / net borrowing (-) in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, net lending (+) / net borrowing (-) in India stood at -13.74 trillion current LCU. That is the lowest value across all 46 years on record.
That represents a change of down 267.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in India peaked at 1.92 billion current LCU in 1977 and was at its lowest, -13.74 trillion current LCU, in 2022.
That places India 152nd out of 156 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.45 billion current LCU | -11.21 billion current LCU | 1.92 billion current LCU | 6 |
| 1980s | -65.39 billion current LCU | -135.44 billion current LCU | -8.67 billion current LCU | 10 |
| 1990s | -332.21 billion current LCU | -652.36 billion current LCU | -148.97 billion current LCU | 10 |
| 2000s | -1.36 trillion current LCU | -3.51 trillion current LCU | -234.70 billion current LCU | 10 |
| 2010s | -3.79 trillion current LCU | -4.57 trillion current LCU | -2.66 trillion current LCU | 9 |
| 2020s | -13.74 trillion current LCU | -13.74 trillion current LCU | -13.74 trillion current LCU | 1 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Tax revenue 6.9% (2022)
- Taxes on income, profits and capital gains 34.8% (2022)
- Taxes on goods and services 32.6% (2022)
- Net investment in nonfinancial assets 0.9% (2022)
- Net lending (+) / net borrowing (-) -5.3% (2022)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in India?
- Net lending (+) / net borrowing (-) in India was -13.74 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in India?
- The highest recorded value was 1.92 billion current LCU in 1977.
- What is the lowest net lending (+) / net borrowing (-) recorded in India?
- The lowest recorded value was -13.74 trillion current LCU in 2022.
- How does India rank for net lending (+) / net borrowing (-)?
- India ranks 152nd out of 156 countries with data for 2022.
- Is net lending (+) / net borrowing (-) rising or falling in India?
- Over the last ten years it is down 267.0%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.