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% of GDP<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
2015<br />
2016<br />
2017<br />
<strong>2018</strong><br />
2019<br />
India’s Fiscal Deficit Is Lower Than In 2013<br />
7<br />
6.5<br />
Fiscal Deficit as % of GDP<br />
6<br />
5<br />
6<br />
4.9<br />
5.8<br />
4.8<br />
4.6<br />
The fiscal gap has averaged 3.9 % of gross domestic<br />
product between 2014 to <strong>2018</strong>, down from an average 5.5<br />
% between 2009 to 2013.<br />
4<br />
4.1<br />
3.9<br />
3.5 3.5<br />
3.3<br />
3<br />
2.5<br />
2<br />
1<br />
0<br />
Source: Economic Times, Bloomberg<br />
58
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