Taxes less subsidies on products in India
India: Taxes less subsidies on products was 364.87 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in India, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in India stood at 364.87 billion current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 99.5% over ten years.
Over the whole period, taxes less subsidies on products in India peaked at 364.87 billion current US$ in 2025 and was at its lowest, 2.04 billion current US$, in 1960.
That places India 5th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.25 billion current US$ | 2.04 billion current US$ | 4.35 billion current US$ | 10 |
| 1970s | 8.43 billion current US$ | 4.58 billion current US$ | 14.43 billion current US$ | 10 |
| 1980s | 22.65 billion current US$ | 16.87 billion current US$ | 29.03 billion current US$ | 10 |
| 1990s | 31.54 billion current US$ | 24.40 billion current US$ | 39.71 billion current US$ | 10 |
| 2000s | 63.81 billion current US$ | 39.66 billion current US$ | 101.46 billion current US$ | 10 |
| 2010s | 182.09 billion current US$ | 120.89 billion current US$ | 246.63 billion current US$ | 10 |
| 2020s | 302.31 billion current US$ | 221.37 billion current US$ | 364.87 billion current US$ | 6 |
Countries ranked near India
More economy & growth data for India
- DEC alternative conversion factor 87.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.54 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.62 billion current US$ (2024)
- Taxes less subsidies on products 31.86 trillion current LCU (2025)
- Net primary income (Net income from abroad) -4.31 trillion current LCU (2025)
- Net primary income (Net income from abroad) -49.36 billion current US$ (2025)
- GNI per capita 233,055 current LCU (2025)
- GNI per capita, Atlas method 2,760 current US$ (2025)
- GNI 341.16 trillion current LCU (2025)
- GNI 3.91 trillion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in India?
- Taxes less subsidies on products in India was 364.87 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in India?
- The highest recorded value was 364.87 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in India?
- The lowest recorded value was 2.04 billion current US$ in 1960.
- How does India rank for taxes less subsidies on products?
- India ranks 5th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in India?
- Over the last ten years it is up 99.5%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.