What was the fiscal deficit of India in 2014?
The gross fiscal deficit in 2014-15 as per cent to G.D.P. of India is 4.1%.
What is the current trade deficit of India?
The trade deficit in March 2022 was $18.69 billion, while it was $192.41 billion during entire 2021-22. India’s trade deficit rose 87.5 per cent to USD 192.41 billion in 2021-22 as against USD 102.63 billion in the previous year, the government data showed on Monday.
What is India’s trade deficit in March 2021?
USD 13.64 billion
Trade deficit stood at USD 13.64 billion in March 2021.
Which country has the highest deficit?
Timor-Leste
By GDP
| Rank | Country | Deficit (As % of GDP) |
|---|---|---|
| 1 | Timor-Leste | -75.7 |
| 2 | Kiribati | -64.1 |
| 3 | Venezuela | -46.1 |
| 4 | Libya | -25.1 |
Which country has highest trade deficit with India?
United States
Largest trading partners with India
| Rank | Country | Trade Balance |
|---|---|---|
| 1 | United States | 33.0 |
| 2 | China | -48.65 |
| 3 | United Arab Emirates | -1.41 |
| 4 | Saudi Arabia | -13.93 |
What will be India’s trade deficit for March 2022?
Ministry of Commerce and Industry The trade deficit in March 2022 was USD 18.69 billion, while it was 192.41billion USD during April 2021-March 2022.
What is the trade balance with China?
Balance of Trade in China averaged 12.51 USD Billion from 1981 until 2022, reaching an all time high of 94.38 USD Billion in December of 2021 and a record low of -61.99 USD Billion in February of 2020.
Which deficit is largest in size?
The Fiscal deficit is considered the largest in size. The fiscal deficit is considered large and the fiscal policy is used for curbing the economy.
What is GDP surplus?
A surplus implies the government has extra funds. These funds can be allocated toward public debt, which reduces interest rates and helps the economy.