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Kerala Budget โ€” 2017-18 vs 2022-23

Year-over-year budget comparison showing how Kerala's fiscal priorities have changed

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Budget Growth โ€” 2017-18 vs 2022-23

Total Expenditure

2017-18

Rs 1.11 lakh crore

2022-23

Rs 1.7 lakh crore

2017-18 is -34.5% lower
Total Receipts

2017-18

Rs 82,800 crore

2022-23

Rs 1.19 lakh crore

2017-18 is -30.1% lower
Capital Expenditure

2017-18

Rs 11,200 crore

2022-23

Rs 17,200 crore

2017-18 is -34.9% lower
Tax Revenue

2017-18

Rs 48,200 crore

2022-23

Rs 69,200 crore

2017-18 is -30.3% lower
Fiscal Deficit (% GDP)

2017-18

3.3%

2022-23

3.6%

2017-18 is -8.3% lower
Interest Payments

2017-18

Rs 14,400 crore

2022-23

Rs 26,600 crore

2017-18 is -45.9% lower

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2017-182022-23Difference
Total ReceiptsRs 82,800 croreRs 1.19 lakh crore-30.1%
Tax Revenue (Net)Rs 48,200 croreRs 69,200 crore-30.3%
Non-Tax RevenueRs 6,100 croreRs 7,800 crore-21.8%
Total ExpenditureRs 1.11 lakh croreRs 1.7 lakh crore-34.5%
Revenue ExpenditureRs 1 lakh croreRs 1.53 lakh crore-34.4%
Capital ExpenditureRs 11,200 croreRs 17,200 crore-34.9%
Interest PaymentsRs 14,400 croreRs 26,600 crore-45.9%
Fiscal DeficitRs 19,200 croreRs 35,200 crore-45.5%
Fiscal Deficit (% of GDP)3.3%3.6%โ€”
Debt-to-GDP Ratio32.4%37.2%โ€”

How Has Kerala's Budget Changed from 2022-23 to 2017-18?

Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.

Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.

Explore the full 2017-18 budget analysis or view all available comparisons.

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