What was the Budget deficit in 2013?
Isabella Floyd What was the Budget deficit in 2013?
$680 billion
2013 United States federal budget
| Submitted | February 13, 2012 |
|---|---|
| Total expenditures | $3.803 trillion (requested) $3.45 trillion (actual) 20.8% of GDP (actual) |
| Deficit | $901 billion (requested) 5.5% of GDP $680 billion (actual) 4.1% of GDP (actual) |
| Debt | $16.72 trillion (at fiscal end) 100.8% of GDP |
| GDP | $16.582 trillion |
What was the Budget deficit in 2014?
$483 billion
— “The deficit in FY 2014 fell to $483 billion, $197 billion less than the FY 2013 deficit and $165 billion less than forecast in President Obama’s FY 2015 Budget.” — As a percentage of GDP, the deficit fell to 2.8 percent, “the lowest level since 2007 and less than the average of the last 40 years.”
What is the fiscal deficit of India in 2020?
9.3 per cent
The CGA said Centre’s total expenditure was Rs 12.76 lakh crore or 36.7 per cent of BE up to August 2021. The fiscal deficit for 2020-21 was 9.3 per cent of the Gross Domestic Product (GDP), better than 9.5 per cent projected in the revised estimates in the Budget in February.
What is Indian fiscal deficit?
Fiscal deficit hits 4-year low of Rs 5.26 lakh crore or 35% of budget estimates. SECTIONS. Fiscal deficit hits 4-year low of Rs 5.26 lakh crore or 35% of budget estimates. ET Bureau Last Updated: Oct 29, 2021, 11:40 PM IST.
What was the national deficit in 2015?
$439 billion
At $439 billion, the 2015 deficit constituted the smallest since 2007, and at 2.5 percent of gross domestic product, it was below the average deficit (relative to the size of the economy) over the past 50 years.
What is the fiscal deficit of India in 2021?
The fiscal deficit is likely to stay at the budget estimate (BE) of 6.8 per cent of gross domestic product (GDP) in 2021-22, according to a senior official, because tax collection, however robust, may not be able to narrow the gap. The fiscal deficit estimated by the Budget is Rs 15. 07 trillion.
What is fiscal deficit of Pakistan?
In 2020, Pakistan’s budget deficit amounted to around 8.04 percent of GDP.
How much China is in debt?
China: National debt from 2016 to 2026 (in billion U.S. dollars)
| Characteristic | National debt in billion U.S. dollars |
|---|---|
| 2020 | 10,231.72 |
| 2019 | 8,697.14 |
| 2018 | 7,672.99 |
| 2017 | 6,658.8 |
What was the fiscal deficit in 2013-14?
The fiscal deficit in 2013—14 stood at 4.5 per cent of GDP, lower than 4.6 per cent projected in the revised estimate, mainly on account of curbs on government expenditure. The fiscal deficit, the gap between government’s expenditure and revenue, in actual terms was Rs 5.08 lakh crore as against 5.24 lakh crore projected in the revised estimate.
What is the fiscal deficit of India in 2016-17?
By 2016-17 fiscal deficit to be brought down to 3 percent, revenue deficit to 1.5percent and effective revenue deficit to zero percent. Revised Estimates (RE) of the expenditure in 2012-13 at 96 percent of the Budget Estimates (BE) due to slowdown and austerity measures.
What are the revised budget estimates for 2012-13 and 2013-14?
Revised Estimates (RE) of the expenditure in 2012-13 at 96 percent of the Budget Estimates (BE) due to slowdown and austerity measures. During 2013-14, BE of total expenditure of 16,65,297crore and of Plan Expenditure at 5,55,322 crore. Plan Expenditure in 2013-14 to grow at 29.4 percent over Revised Estimates for the current year.
What is the Union Budget for 2013-14?
The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this as mool mantra, the Union Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4.8% of GDP.
