India - General government revenue in % of GDP

20.2 (%) in 2021

India general government revenue (% of GDP) was at level of 20.2 % in 2021, up from 18.3 % previous year.

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Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.