GJ
Gujarat Economy
2026-27
86
Fiscal Score
Healthy · Fiscally Safe
Gujarat's finances are in great shape!
The state is managing its money very well. It is spending within its limits and its total debt is low compared to how much it earns. For every citizen, the debt is about ₹60,429, which is very manageable.
Fiscal Matrix
vs RBI FRBM Benchmark (3.5%)Healthy
1.86%
Fiscal Deficit / GSDP
RBI Limit: 3.5%
MetricStateRBI NormStatus
Fiscal Deficit ⓘ
1.86%≤ 3.5%
✓ On Track
Revenue Deficit ⓘ
-1.4%≤ 0%
✕ Deficit
Debt / GSDP ⓘ
15.10%≤ 25%
✓ Sustainable
Interest / Revenue ⓘ
13.1%≤ 15%
✓ Manageable
Live Debt Clock
Estimated accumulation this FY
LIVE
Total Outstanding Debt
₹
...
Crore
Debt per Citizen
₹ 60,429
Detailed debt composition (internal/central/other) is not available at the state level in the current dataset. Refer to the RBI State Finances report for a full breakdown.
Formula: Base Debt + (Fiscal Deficit ÷ 365 × Days Elapsed)
Revenue vs Expenditure
FY 2026-27 Budget Estimates
Based on FY 2026-27 Budget Estimates only. Historical actuals are not included in the current dataset.
Revenue Receipts
FY 2026-27Total Revenue Receipts
₹2,26,000
Crore
Revenue composition (own tax, central transfers, non-tax) varies significantly by state and is not available in the current dataset. Refer to the RBI State Finances report for a detailed breakdown.
State vs National Avg
Key ratio comparisonKey Indicators
Tax RevenueOwn tax + Central share
₹158,200Capital ExpenditureAsset creation
₹66,400Interest PaymentsServicing past debt
₹29,610Explore Other States