Net lending (+) / net borrowing (-) in India
India: Net lending (+) / net borrowing (-) was -5.3% 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 % of GDP.
Analysis
India recorded -5.3% for net lending (+) / net borrowing (-) in 2022.
That represents a change of down 39.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in India peaked at 0.2% in 1977 and was at its lowest, -5.5%, in 2009.
India ranks 130th of 156 countries on this measure, 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 | -0.1% | -0.9% | 0.2% | 6 |
| 1980s | -2.0% | -3.1% | -0.5% | 10 |
| 1990s | -2.8% | -3.9% | -2.0% | 10 |
| 2000s | -3.6% | -5.5% | -0.5% | 10 |
| 2010s | -3.1% | -4.1% | -2.3% | 9 |
| 2020s | -5.3% | -5.3% | -5.3% | 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)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
- Compensation of employees 12.1% (2022)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in India?
- Net lending (+) / net borrowing (-) in India was -5.3% 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 0.2% in 1977.
- What is the lowest net lending (+) / net borrowing (-) recorded in India?
- The lowest recorded value was -5.5% in 2009.
- How does India rank for net lending (+) / net borrowing (-)?
- India ranks 130th 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 39.7%. 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 (-) (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.