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India Goods and services expense (% of expense) 2026: Interactive Chart & Historical Data

Goods and services expense (% of expense) in India stood at 6.5% in 2022, according to World Bank. Ten years earlier, in 2012, the value was 9.42% (down 2.92 percentage points since). The latest value is the lowest since 1974; the highest was 18.49% in 1975. India ranked 97th highest of the 109 countries in this dataset in 2022; Tonga ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (% of expense) in India?

Goods and services expense (% of expense) in India stood at 6.5% in 2022, according to World Bank.

Is Goods and services expense (% of expense) in India rising or falling?

Ten years earlier, in 2012, the value was 9.42% (down 2.92 percentage points since).

How does India rank for Goods and services expense (% of expense)?

India ranked 97th highest of the 109 countries in this dataset in 2022; Tonga ranked first.

What is the highest Goods and services expense (% of expense) on record in India?

The latest value is the lowest since 1974; the highest was 18.49% in 1975.

Metadata for Goods and services expense (% of expense) in India
IndicatorGoods and services expense (% of expense)
CountryIndia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.XPN.GSRV.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (% of expense) — India [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/IND. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS?locations=IN

MLA

World Bank. "Goods and services expense (% of expense) — India." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/IND. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS?locations=IN.

Chicago

World Bank. 2026. "Goods and services expense (% of expense) — India." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/IND. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS?locations=IN.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_zs_ind,
  author = {{World Bank}},
  title = {{Goods and services expense (\% of expense) --- India}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/IND},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS?locations=IN}
}