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India State-wise Gross Fiscal Deficit

State-wise Gross Fiscal Deficit of Indian states, based on Reserve Bank of India (RBI) data. NOTE: [1] Minus sign (-) indicates surplus in deficit indicator. [2] Figures in respect of Jammu & Kashmir relate to revised estimates from 2004-05 to 2009-10. [3] Figures in respect of Manipur relate to revised estimates from 2004-05 to 2008-09. [4] Figures in respect of Jharkhand relate to revised estimates from 2004-05 to 2010-11

As of 2024-25, India State-wise Gross Fiscal Deficit stood at 32,403 ₹ Crore, according to Reserve Bank of India. Coverage: 2004–2025. Full series available after sign-in.

  • Verified official series
  • Licensed export
  • Source: Reserve Bank of India
LATEST VALUE (2024-25)32,403₹ Crore
MAX VALUE1,11,956₹ Crore in 2023-24
GROWTH SINCE START399.1%2004-05 to 2024-25
YEARS OF DATA20 Years2004-05 to 2024-25
TOTAL DATA POINTS640Annual Observations

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Updated 31 Mar 2025

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Included in this API (1 dataset)

  • Gross Fiscal Deficit
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Quick Info

  • Source

    Reserve Bank of India

  • Frequency

    Annual

  • Unit

    ₹ Crore

  • Coverage

    Gross Fiscal Deficit, State Finance, Fiscal Deficit, State Budget

  • Total Observations

    640

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About
About

State-wise Gross Fiscal Deficit of Indian states, based on Reserve Bank of India (RBI) data. NOTE: [1] Minus sign (-) indicates surplus in deficit indicator. [2] Figures in respect of Jammu & Kashmir relate to revised estimates from 2004-05 to 2009-10. [3] Figures in respect of Manipur relate to revised estimates from 2004-05 to 2008-09. [4] Figures in respect of Jharkhand relate to revised estimates from 2004-05 to 2010-11

Formula
Formula
Value = As reported by the official source.

This dataset represents reported values over time. Growth patterns should be interpreted using the chart and filters, not CAGR.

Source
Source
Reserve Bank of India
How to explore
How to explore
  • Use custom date filters to explore different periods.
  • Track short-term spikes or declines using MoM changes.
  • Compare early vs recent values to understand scale changes.

Frequently asked questions

Definitions, source, coverage, and how to access the full series.

What does India State-wise Gross Fiscal Deficit measure?
Source: Reserve Bank of India. Covers 2004–2025. State-wise Gross Fiscal Deficit of Indian states, based on Reserve Bank of India (RBI) data. NOTE: [1] Minus… Values are reported in ₹ Crore.
Who publishes India State-wise Gross Fiscal Deficit?
India State-wise Gross Fiscal Deficit is based on data from Reserve Bank of India. Indiagraphs cleans, charts, and licenses the series for analysis and download.
What period does India State-wise Gross Fiscal Deficit cover?
The series on Indiagraphs covers 2004–2025. Exact observation counts and full history are available after sign-in.
How often is India State-wise Gross Fiscal Deficit updated?
Updates follow the official release cadence (annually). Indiagraphs refreshes the chart when new official observations are published.
How do I download India State-wise Gross Fiscal Deficit on Indiagraphs?
Sign in and unlock a licensed export to download CSV or Excel for India State-wise Gross Fiscal Deficit. Chart preview and the latest snapshot remain visible; full history and file download require access.

Coverage by period

21 periods · keyword phrases only · expand to view

Periods covered on this chart (no prices or values listed). Full series and downloads are available after sign-in.

  • State-wise Gross Fiscal Deficit in India – 2004-05
  • State-wise Gross Fiscal Deficit in India – 2005-06
  • State-wise Gross Fiscal Deficit in India – 2006-07
  • State-wise Gross Fiscal Deficit in India – 2007-08
  • State-wise Gross Fiscal Deficit in India – 2008-09
  • State-wise Gross Fiscal Deficit in India – 2009-10
  • State-wise Gross Fiscal Deficit in India – 2010-11
  • State-wise Gross Fiscal Deficit in India – 2011-12
  • State-wise Gross Fiscal Deficit in India – 2012-13
  • State-wise Gross Fiscal Deficit in India – 2013-14
  • State-wise Gross Fiscal Deficit in India – 2014-15
  • State-wise Gross Fiscal Deficit in India – 2015-16
  • State-wise Gross Fiscal Deficit in India – 2016-17
  • State-wise Gross Fiscal Deficit in India – 2017-18
  • State-wise Gross Fiscal Deficit in India – 2018-19
  • State-wise Gross Fiscal Deficit in India – 2019-20
  • State-wise Gross Fiscal Deficit in India – 2020-21
  • State-wise Gross Fiscal Deficit in India – 2021-22
  • State-wise Gross Fiscal Deficit in India – 2022-23
  • State-wise Gross Fiscal Deficit in India – 2023-24
  • State-wise Gross Fiscal Deficit in India – 2024-25

Topics

  • Gross Fiscal Deficit
  • State Finance
  • Fiscal Deficit
  • State Budget
  • Rbi
  • India
Source standard
Official
Validation
Verified
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