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Kerala Budget โ€” 2026-27 vs 2025-26

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

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Budget Growth โ€” 2026-27 vs 2025-26

Total Expenditure

2026-27

Rs 2.28 lakh crore

2025-26

Rs 1.92 lakh crore

2026-27 is +18.2% higher
Total Receipts

2026-27

Rs 1.7 lakh crore

2025-26

Rs 1.37 lakh crore

2026-27 is +23.8% higher
Capital Expenditure

2026-27

Rs 22,566 crore

2025-26

Rs 18,484 crore

2026-27 is +22.1% higher
Tax Revenue

2026-27

Rs 99,002 crore

2025-26

Rs 93,000 crore

2026-27 is +6.5% higher
Fiscal Deficit (% GDP)

2026-27

3.5%

2025-26

3.8%

2026-27 is -7.9% lower
Interest Payments

2026-27

Rs 34,376 crore

2025-26

Rs 31,824 crore

2026-27 is +8.0% higher

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

Particulars2026-272025-26Difference
Total ReceiptsRs 1.7 lakh croreRs 1.37 lakh crore+23.8%
Tax Revenue (Net)Rs 99,002 croreRs 93,000 crore+6.5%
Non-Tax RevenueRs 21,356 croreRs 20,000 crore+6.8%
Total ExpenditureRs 2.28 lakh croreRs 1.92 lakh crore+18.2%
Revenue ExpenditureRs 2.05 lakh croreRs 1.81 lakh crore+13.5%
Capital ExpenditureRs 22,566 croreRs 18,484 crore+22.1%
Interest PaymentsRs 34,376 croreRs 31,824 crore+8.0%
Fiscal DeficitRs 56,405 croreRs 53,950 crore+4.6%
Fiscal Deficit (% of GDP)3.5%3.8%โ€”
Debt-to-GDP Ratio34.1%29.8%โ€”

Department Allocation Changes โ€” 2026-27 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2026-27

Department2026-272025-26Difference
1. Education, Sports, Arts and Culture
Rs 30,525 crore
Rs 0
โ€”
2. Education
Rs 0
Rs 30,000 crore
-100.0%
3. Social Welfare and Nutrition
Rs 19,605 crore
Rs 0
โ€”
4. Health & Family Welfare
Rs 0
Rs 18,500 crore
-100.0%
5. Social Welfare
Rs 0
Rs 15,500 crore
-100.0%
6. Rural Development
Rs 9,446 crore
Rs 12,500 crore
-24.4%
7. Health and Family Welfare
Rs 12,078 crore
Rs 0
โ€”
8. Police & Home
Rs 0
Rs 10,200 crore
-100.0%
9. Agriculture & Allied
Rs 0
Rs 9,500 crore
-100.0%
10. Agriculture and Allied Activities
Rs 8,772 crore
Rs 0
โ€”
11. Transport & Roads
Rs 0
Rs 8,500 crore
-100.0%
12. Urban Development
Rs 1,593 crore
Rs 8,000 crore
-80.1%
13. Transport (incl. Roads and Bridges)
Rs 7,527 crore
Rs 0
โ€”
14. Water Supply & Sanitation
Rs 0
Rs 7,500 crore
-100.0%
15. Energy
Rs 0
Rs 7,000 crore
-100.0%

How Has Kerala's Budget Changed from 2025-26 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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