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Government > Spending Stats: compare key data on India & Japan

Definitions

  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT India Japan HISTORY
Expense > % of GDP 15.43%
Ranked 75th. 6% more than Japan
14.62%
Ranked 32nd.
Expense > Current LCU 8.6 trillion
Ranked 7th.
63.87 trillion
Ranked 1st. 7 times more than India
Interest payments > % of expense 21.7%
Ranked 7th. 6% more than Japan
20.48%
Ranked 10th.
Interest payments > % of revenue 23.35%
Ranked 6th. 11% more than Japan
21.06%
Ranked 9th.
Interest payments > Current LCU 1.87 trillion
Ranked 2nd.
13.08 trillion
Ranked 1st. 7 times more than India
Subsidies and other transfers > % of expense 54.07%
Ranked 32nd.
64.76%
Ranked 1st. 20% more than India
Subsidies and other transfers > Current LCU 4.65 trillion
Ranked 5th.
41.37 trillion
Ranked 1st. 9 times more than India

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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