General government net lending/borrowing for India
GGNLBAINA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.92
Year-over-Year Change
-5.19%
Date Range
1/1/1988 - 1/1/2023
Summary
The General government net lending/borrowing for India measures the difference between government revenue and expenditure, providing insight into the country's fiscal position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the overall balance of payments for the Indian government, representing the net amount the government either lends to other sectors or borrows from them. It is a key metric used by economists and policymakers to assess the sustainability of public finances.
Methodology
The data is collected and calculated by the International Monetary Fund based on government budget and national accounts information.
Historical Context
The net lending/borrowing figure is closely monitored by investors, analysts, and international institutions to evaluate India's fiscal health and creditworthiness.
Key Facts
- India's net lending/borrowing was -4.6% of GDP in 2021.
- The indicator has fluctuated between -3% to -8% of GDP over the past decade.
- Reducing the fiscal deficit is a key priority for the Indian government.
FAQs
Q: What does this economic trend measure?
A: The General government net lending/borrowing for India measures the difference between the government's total revenue and total expenditure, representing the fiscal balance.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the sustainability of India's public finances and the government's ability to manage its budget. It provides insights into the country's fiscal health and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund based on government budget and national accounts information.
Q: How is this trend used in economic policy?
A: The net lending/borrowing figure is closely monitored by investors, analysts, and international institutions to evaluate India's fiscal health and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent figure may not reflect the current fiscal year.
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Citation
U.S. Federal Reserve, General government net lending/borrowing for India (GGNLBAINA188N), retrieved from FRED.