India - Grants and other revenue (% of revenue)

Grants and other revenue (% of revenue) in India was 8.86 as of 2018. Its highest value over the past 44 years was 26.93 in 2001, while its lowest value was 8.86 in 2018.

Definition: Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1974 14.36
1975 17.88
1976 19.11
1977 22.62
1978 19.91
1979 18.12
1980 18.85
1981 18.92
1982 20.71
1983 18.15
1984 20.97
1985 20.65
1986 20.97
1987 21.17
1988 20.26
1989 23.57
1990 20.14
1991 21.87
1992 24.18
1993 26.30
1994 25.08
1995 24.70
1996 25.06
1997 25.04
1998 26.48
1999 26.48
2000 24.92
2001 26.93
2002 25.41
2003 23.52
2004 21.08
2005 18.64
2006 16.65
2007 16.36
2008 14.08
2009 14.18
2010 21.16
2011 11.58
2012 13.95
2013 12.65
2014 13.56
2015 14.86
2016 13.22
2017 10.55
2018 8.86

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance