2024 Fiscal Deficit-to-GSDP Ratio Of Indian States

Fiscal Deficit-to-GSDP Ratio

3.5% recommended limit for Fiscal Deficit under FRBM (2023-24). Negative % denotes Surplus.

🥇 1. NCT Delhi (UT)

-0.71% (Surplus)

Deficit: -₹7,877.8 Cr

GSDP: ₹11,07,746 Cr

🥈 2. Gujarat

1.75%

Deficit: ₹42,480.1 Cr

GSDP: ₹24,25,800 Cr

🥉 3. Uttarakhand

2.15%

Deficit: ₹7,459.4 Cr

GSDP: ₹3,46,207 Cr

4. Jharkhand

2.54%

Deficit: ₹11,690.7 Cr

GSDP: ₹4,61,010 Cr

5. Karnataka

2.74%

Deficit: ₹68,505.1 Cr

GSDP: ₹25,00,733 Cr

6. Maharashtra

2.77%

Deficit: ₹1,11,955.9 Cr

GSDP: ₹40,44,251 Cr

7. Haryana

2.80%

Deficit: ₹30,650.5 Cr

GSDP: ₹10,95,535 Cr

8. Odisha

2.89%

Deficit: ₹24,981.8 Cr

GSDP: ₹8,63,524 Cr

9. Uttar Pradesh

3.24%

Deficit: ₹82,514.5 Cr

GSDP: ₹25,47,562 Cr

10. Telangana

3.29%

Deficit: ₹49,372.6 Cr

GSDP: ₹15,01,981 Cr

11. Tamil Nadu

3.46%

Deficit: ₹94,059.7 Cr

GSDP: ₹27,21,571 Cr

12. Meghalaya

3.48%

Deficit: ₹1,848.6 Cr

GSDP: ₹53,057 Cr

13. West Bengal

3.49%

Deficit: ₹59,306.0 Cr

GSDP: ₹17,00,939 Cr

14. Goa

3.53%

Deficit: ₹3,766.2 Cr

GSDP: ₹1,06,533 Cr

15. Kerala

3.53%

Deficit: ₹40,461.4 Cr

GSDP: ₹11,46,109 Cr

16. Madhya Pradesh

3.99%

Deficit: ₹54,449.4 Cr

GSDP: ₹13,63,327 Cr

17. Tripura

4.08%

Deficit: ₹3,381.5 Cr

GSDP: ₹82,925 Cr

18. Punjab

4.07%

Deficit: ₹30,310.6 Cr

GSDP: ₹7,44,899 Cr

19. Rajasthan

4.26%

Deficit: ₹65,081.8 Cr

GSDP: ₹15,28,385 Cr

20. Andhra Pradesh

4.36%

Deficit: ₹62,719.6 Cr

GSDP: ₹14,39,674 Cr

21. Manipur

5.13%

Deficit: ₹2,234.8 Cr

GSDP: ₹43,588 Cr

22. Sikkim

5.16%

Deficit: ₹2,523.1 Cr

GSDP: ₹48,937 Cr

23. Assam

5.20%

Deficit: ₹29,655.1 Cr

GSDP: ₹5,70,243 Cr

24. Mizoram

5.71%

Deficit: ₹1,898.5 Cr

GSDP: ₹33,277 Cr

25. Jammu & Kashmir (UT)

5.88%

Deficit: ₹14,168.0 Cr

GSDP: ₹2,41,133 Cr

26. Himachal Pradesh

6.11%

Deficit: ₹12,677.2 Cr

GSDP: ₹2,07,430 Cr

27. Nagaland

6.92%

Deficit: ₹2,753.7 Cr

GSDP: ₹39,809 Cr

28. Chhattisgarh

7.33%

Deficit: ₹37,062.4 Cr

GSDP: ₹5,05,887 Cr

29. Bihar

8.95%

Deficit: ₹76,465.7 Cr

GSDP: ₹8,54,429 Cr

30. Arunachal Pradesh

9.74%

Deficit: ₹3,757.9 Cr

GSDP: ₹38,565 Cr

           

Source : https://rbi.org.in/Scripts/PublicationsView.aspx?id=22995