Interest Payments
Interest on money the government has already borrowed, including ₹34,162 crore owed to foreign lenders.
₹12,74,338 crore
in 2025–26, 25.67% of all union government spending. Revised estimate, not yet final.
Revenue ₹12,74,338 crore · Capital ₹0.00 crore
What the money actually buys
Interest on money borrowed by previous governments, ₹34,162 crore of it owed to foreign lenders. It is the carrying cost of past borrowing rather than a purchase of anything this year; repaying the principal is a separate transaction elsewhere in the accounts. This is the single largest line in the budget, bigger than everything spent on defence.
Every year on record
| Year | Amount | Revenue | Capital | Basis |
|---|---|---|---|---|
| 2025–26 | ₹12,74,338 crore | ₹12,74,338 crore | ₹0.00 crore | Revised estimate |
| 2024–25 | ₹11,15,575 crore | ₹11,15,575 crore | ₹0.00 crore | Actuals |
| 2023–24 | ₹10,63,872 crore | ₹10,63,872 crore | ₹0.00 crore | Actuals |
| 2022–23 | ₹9,28,517 crore | ₹9,28,517 crore | ₹0.00 crore | Actuals |
| 2021–22 | ₹8,05,499 crore | ₹8,05,499 crore | ₹0.00 crore | Actuals |
| 2020–21 | ₹6,79,869 crore | ₹6,79,869 crore | ₹0.00 crore | Actuals |
Where this sits in the budget
- Counted under Interest and debt service, what the money paid for.
- Spent by Ministry of Finance, who spent it.
Where these figures come from
- 2025–26 · Statement 3, Demand No. 39, Revised Estimates 2025-26, Total columnExpenditure Profile 2026-27: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 3810c160a4b1f897… - 2024–25 · Statement 3, Demand No. 39, Actuals 2024-25, Total columnExpenditure Profile 2026-27: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 3810c160a4b1f897… - 2023–24 · Statement 3, Demand No. 39, Actuals 2023-24, Total columnExpenditure Profile 2025-26: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 b59057f574f3d09a… - 2022–23 · Statement 3, Demand No. 39, Actuals 2022-23, Total columnExpenditure Profile 2024-25: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 3d9f2fe71485a749… - 2021–22 · Statement 3, Demand No. 39, Actuals 2021-22, Total columnExpenditure Profile 2023-24: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 019cebf6e969c112… - 2020–21 · Statement 3, Demand No. 39, Actuals 2020-21, Total columnExpenditure Profile 2022-23: Statement 3 - Expenditure of Ministries and Departments Ministry of Finance, Government of India
SHA-256 d4d879fe59907cce…
A document's title is its publication year, which is usually not the year of the figures inside it: an Expenditure Profile reports actuals for the year that ended two years earlier. The year printed beside each citation is the year the money was spent.
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