Projection of General government net lending/borrowing for India
GGNLBPINA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.65
Year-over-Year Change
-9.85%
Date Range
1/1/2024 - 1/1/2030
Summary
The 'Projection of General government net lending/borrowing for India' series measures the difference between general government revenue and expenditure as a percentage of GDP for India. This metric is a key indicator of fiscal sustainability and overall economic health.
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
The general government net lending/borrowing ratio represents the fiscal balance of a country's public sector. It's an important gauge of a government's ability to manage its finances and can signal potential vulnerabilities or strengths in the economy.
Methodology
This data is calculated and projected by the International Monetary Fund (IMF) based on official government budget data and economic forecasts.
Historical Context
Policymakers and analysts closely monitor this indicator to assess the sustainability of India's fiscal policy and its potential impact on economic growth and financial stability.
Key Facts
- India's general government net lending/borrowing ratio was -6.6% of GDP in 2020.
- The IMF projects India's fiscal deficit to narrow to -5.8% of GDP in 2023.
- A positive net lending/borrowing ratio indicates a government budget surplus.
FAQs
Q: What does this economic trend measure?
A: The 'Projection of General government net lending/borrowing for India' series measures the difference between India's general government revenue and expenditure as a percentage of its GDP.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric for assessing the sustainability of India's fiscal policy and its potential impact on the country's economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is calculated and projected by the International Monetary Fund (IMF) based on official government budget data and economic forecasts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to evaluate the health of India's public finances and guide fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the IMF on a regular basis, but may have some delay in reflecting the most recent fiscal developments in India.
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Citation
U.S. Federal Reserve, Projection of General government net lending/borrowing for India (GGNLBPINA188N), retrieved from FRED.