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Kerala Budget โ€” 2026-27 vs 2022-23

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

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Budget Growth โ€” 2026-27 vs 2022-23

Total Expenditure

2026-27

Rs 2.28 lakh crore

2022-23

Rs 1.7 lakh crore

2026-27 is +33.9% higher
Total Receipts

2026-27

Rs 1.7 lakh crore

2022-23

Rs 1.19 lakh crore

2026-27 is +43.2% higher
Capital Expenditure

2026-27

Rs 22,566 crore

2022-23

Rs 17,200 crore

2026-27 is +31.2% higher
Tax Revenue

2026-27

Rs 99,002 crore

2022-23

Rs 69,200 crore

2026-27 is +43.1% higher
Fiscal Deficit (% GDP)

2026-27

3.5%

2022-23

3.6%

2026-27 is -2.8% lower
Interest Payments

2026-27

Rs 34,376 crore

2022-23

Rs 26,600 crore

2026-27 is +29.2% higher

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

Particulars2026-272022-23Difference
Total ReceiptsRs 1.7 lakh croreRs 1.19 lakh crore+43.2%
Tax Revenue (Net)Rs 99,002 croreRs 69,200 crore+43.1%
Non-Tax RevenueRs 21,356 croreRs 7,800 crore+173.8%
Total ExpenditureRs 2.28 lakh croreRs 1.7 lakh crore+33.9%
Revenue ExpenditureRs 2.05 lakh croreRs 1.53 lakh crore+34.2%
Capital ExpenditureRs 22,566 croreRs 17,200 crore+31.2%
Interest PaymentsRs 34,376 croreRs 26,600 crore+29.2%
Fiscal DeficitRs 56,405 croreRs 35,200 crore+60.2%
Fiscal Deficit (% of GDP)3.5%3.6%โ€”
Debt-to-GDP Ratio34.1%37.2%โ€”

Department Allocation Changes โ€” 2026-27 vs 2022-23

Which departments gained or lost budget share between 2022-23 and 2026-27

Department2026-272022-23Difference
1. Education, Sports, Arts and Culture
Rs 30,525 crore
Rs 0
โ€”
2. Social Welfare and Nutrition
Rs 19,605 crore
Rs 0
โ€”
3. Health and Family Welfare
Rs 12,078 crore
Rs 0
โ€”
4. Rural Development
Rs 9,446 crore
Rs 0
โ€”
5. Agriculture and Allied Activities
Rs 8,772 crore
Rs 0
โ€”
6. Transport (incl. Roads and Bridges)
Rs 7,527 crore
Rs 0
โ€”
7. Police
Rs 5,912 crore
Rs 0
โ€”
8. Welfare of SC, ST, OBC and Minorities
Rs 3,374 crore
Rs 0
โ€”
9. Urban Development
Rs 1,593 crore
Rs 0
โ€”
10. Irrigation and Flood Control
Rs 1,351 crore
Rs 0
โ€”

How Has Kerala's Budget Changed from 2022-23 to 2026-27?

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 2026-27 budget analysis or view all available comparisons.

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