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Kerala Budget โ€” 2024-25 vs 2025-26

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

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Budget Growth โ€” 2024-25 vs 2025-26

Total Expenditure

2024-25

Rs 1.82 lakh crore

2025-26

Rs 1.99 lakh crore

2024-25 is -8.3% lower
Total Receipts

2024-25

Rs 1.39 lakh crore

2025-26

Rs 1.54 lakh crore

2024-25 is -9.7% lower
Capital Expenditure

2024-25

Rs 15,663 crore

2025-26

Rs 17,913 crore

2024-25 is -12.6% lower
Tax Revenue

2024-25

Rs 84,884 crore

2025-26

Rs 93,000 crore

2024-25 is -8.7% lower
Fiscal Deficit (% GDP)

2024-25

3.4%

2025-26

3.2%

2024-25 is +6.2% higher
Interest Payments

2024-25

Rs 28,694 crore

2025-26

Rs 31,824 crore

2024-25 is -9.8% lower

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

Particulars2024-252025-26Difference
Total ReceiptsRs 1.39 lakh croreRs 1.54 lakh crore-9.7%
Tax Revenue (Net)Rs 84,884 croreRs 93,000 crore-8.7%
Non-Tax RevenueRs 18,356 croreRs 20,000 crore-8.2%
Total ExpenditureRs 1.82 lakh croreRs 1.99 lakh crore-8.3%
Revenue ExpenditureRs 1.67 lakh croreRs 1.81 lakh crore-7.8%
Capital ExpenditureRs 15,663 croreRs 17,913 crore-12.6%
Interest PaymentsRs 28,694 croreRs 31,824 crore-9.8%
Fiscal DeficitRs 44,529 croreRs 45,039 crore-1.1%
Fiscal Deficit (% of GDP)3.4%3.2%โ€”
Debt-to-GDP Ratio29.7%29.8%โ€”

Department Allocation Changes โ€” 2024-25 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2024-25

Department2024-252025-26Difference
1. Education
Rs 27,200 crore
Rs 30,000 crore
-9.3%
2. Health & Family Welfare
Rs 16,600 crore
Rs 18,500 crore
-10.3%
3. Social Welfare
Rs 13,700 crore
Rs 15,500 crore
-11.6%
4. Rural Development
Rs 11,100 crore
Rs 12,500 crore
-11.2%
5. Police & Home
Rs 9,000 crore
Rs 10,200 crore
-11.8%
6. Agriculture & Allied
Rs 8,400 crore
Rs 9,500 crore
-11.6%
7. Transport & Roads
Rs 7,500 crore
Rs 8,500 crore
-11.8%
8. Urban Development
Rs 6,900 crore
Rs 8,000 crore
-13.8%
9. Water Supply & Sanitation
Rs 6,500 crore
Rs 7,500 crore
-13.3%
10. Energy
Rs 6,200 crore
Rs 7,000 crore
-11.4%

How Has Kerala's Budget Changed from 2025-26 to 2024-25?

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 2024-25 budget analysis or view all available comparisons.

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