GDP Deflator in India increased to 172.60 points in 2024 from 170.20 points in 2023. This dataset provides - India GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about India GDP Deflator Growth

• India GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025, compared with an increase of 0.9 % in the previous quarter.
• India GDP Deflator Growth data is updated quarterly, available from Jun 2005 to Sep 2025, with an average rate of 3.4 %.
• The data reached an all-time high of 11.3 % in Mar 2010 and a record low of -0.9 % in Mar 2019.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency and Real GDP in local currency, at 2011-2012 prices. GDP Deflator Growth prior to Q2 2012 is calculated from Nominal GDP and Real GDP at 2004-2005 prices.


Related information about India GDP Deflator Growth

• In the latest reports, India GDP expanded 8.2 % YoY in Sep 2025.
• Its Nominal GDP reached 975.9 USD bn in Sep 2025.
• India GDP Per Capita reached 2,777.6 USD in Mar 2025.
• Its Gross Savings Rate was measured at 30.7 % in Mar 2024.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for India (INDGDPDEFQISMEI) from Q2 1996 to Q3 2023 about implicit price deflator, India, and GDP.

India GDP: Deflator data was reported at 1.870 Index, 2012 in 2026. This records an increase from the previous number of 1.811 Index, 2012 for 2025. India GDP: Deflator data is updated yearly, averaging 0.307 Index, 2012 from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 1.870 Index, 2012 in 2026 and a record low of 0.025 Index, 2012 in 1960. India GDP: Deflator data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual.

Inflation, GDP deflator (annual %) in India was reported at 3.2018 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Actual value and historical data chart for India Inflation GDP Deflator Linked Series Annual Percent

India IN:(GDP) Gross Domestic ProductDeflator data was reported at 139.040 2010=100 in Mar 2017. This records a decrease from the previous number of 139.395 2010=100 for Dec 2016. India IN:(GDP) Gross Domestic ProductDeflator data is updated quarterly, averaging 106.565 2010=100 from Mar 2005 (Median) to Mar 2017, with 49 observations. The data reached an all-time high of 139.395 2010=100 in Dec 2016 and a record low of 66.779 2010=100 in Mar 2005. India IN:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Quarterly.

India IN:(GDP) Gross Domestic ProductDeflator data was reported at 135.680 2010=100 in 2017. This records an increase from the previous number of 131.095 2010=100 for 2016. India IN:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 15.847 2010=100 from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 135.680 2010=100 in 2017 and a record low of 1.976 2010=100 in 1955. India IN:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Annual.

Actual value and historical data chart for India GDP Deflator Base Year Varies By Country

GDP deflator: linked series (base year varies by country) in India was reported at 176 year in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP deflator: linked series (base year varies by country) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

India IN: GDP: Deflator: Imports of Goods and Services data was reported at 1.829 Index, 2011-12 in 2025. This records an increase from the previous number of 1.777 Index, 2011-12 for 2024. India IN: GDP: Deflator: Imports of Goods and Services data is updated yearly, averaging 0.955 Index, 2011-12 from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 1.841 Index, 2011-12 in 2022 and a record low of 0.430 Index, 2011-12 in 1996. India IN: GDP: Deflator: Imports of Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual. PMGS - Imports of goods and services, deflator (national accounts basis)Index, national reference year

India GDP: Deflator: Exports of Goods and Services data was reported at 1.737 Index, 2012 in 2026. This records an increase from the previous number of 1.705 Index, 2012 for 2025. India GDP: Deflator: Exports of Goods and Services data is updated yearly, averaging 0.999 Index, 2012 from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 1.737 Index, 2012 in 2026 and a record low of 0.463 Index, 2012 in 1996. India GDP: Deflator: Exports of Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual.

India IN: GDP: Deflator: Exports of Goods and Services: USD data was reported at 1.132 Index, 2011-12 in 2025. This records an increase from the previous number of 1.113 Index, 2011-12 for 2024. India IN: GDP: Deflator: Exports of Goods and Services: USD data is updated yearly, averaging 1.020 Index, 2011-12 from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 1.182 Index, 2011-12 in 2011 and a record low of 0.646 Index, 2011-12 in 2002. India IN: GDP: Deflator: Exports of Goods and Services: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual. PXGSD - Exports of goods and services in USD, deflator (national accounts basis)Index, OECD reference year

India IN: GDP: Deflator: Double Hit Scenario data was reported at 1.510 Index, 2011-12 in 2021. This records an increase from the previous number of 1.450 Index, 2011-12 for 2020. India IN: GDP: Deflator: Double Hit Scenario data is updated yearly, averaging 0.777 Index, 2011-12 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 1.510 Index, 2011-12 in 2021 and a record low of 0.370 Index, 2011-12 in 1995. India IN: GDP: Deflator: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual. PGDP - Gross domestic product, market prices, deflatorIndex, national reference year

India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data was reported at 154.581 2010=100 in Dec 2019. This records an increase from the previous number of 152.648 2010=100 for Sep 2019. India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data is updated quarterly, averaging 83.535 2010=100 from Jun 1996 (Median) to Dec 2019, with 95 observations. The data reached an all-time high of 154.581 2010=100 in Dec 2019 and a record low of 46.504 2010=100 in Jun 1996. India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Quarterly.

India GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data was reported at 1.695 Index, 2012 in 2026. This records an increase from the previous number of 1.642 Index, 2012 for 2025. India GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data is updated yearly, averaging 1.000 Index, 2012 from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 1.695 Index, 2012 in 2026 and a record low of 0.499 Index, 2012 in 1996. India GDP: Deflator: Gross Capital Formation: Gross Fixed Capital Formation (GFCF) data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual.

Real interest rate of India rocketed by 695.51% from 0.32 % in 2021 to 2.52 % in 2022. Since the 40.01% slump in 2020, real interest rate plummeted by 39.04% in 2022. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.

TThe ERS International Macroeconomic Data Set provides historical and projected data for 181 countries that account for more than 99 percent of the world economy. These data and projections are assembled explicitly to serve as underlying assumptions for the annual USDA agricultural supply and demand projections, which provide a 10-year outlook on U.S. and global agriculture. The macroeconomic projections describe the long-term, 10-year scenario that is used as a benchmark for analyzing the impacts of alternative scenarios and macroeconomic shocks.

Explore the International Macroeconomic Data Set 2015 for annual growth rates, consumer price indices, real GDP per capita, exchange rates, and more. Get detailed projections and forecasts for countries worldwide.

Annual growth rates, Consumer price indices (CPI), Real GDP per capita, Real exchange rates, Population, GDP deflator, Real gross domestic product (GDP), Real GDP shares, GDP, projections, Forecast, Real Estate, Per capita, Deflator, share, Exchange Rates, CPI

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Côte d'Ivoire, Cabo Verde, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Congo, Costa Rica, Croatia, Cuba, Cyprus, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe, WORLD Follow data.kapsarc.org for timely data to advance energy economics research. Notes:

Developed countries/1 Australia, New Zealand, Japan, Other Western Europe, European Union 27, North America

Developed countries less USA/2 Australia, New Zealand, Japan, Other Western Europe, European Union 27, Canada

Developing countries/3 Africa, Middle East, Other Oceania, Asia less Japan, Latin America;

Low-income developing countries/4 Haiti, Afghanistan, Nepal, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, Senegal, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zimbabwe;

Emerging markets/5 Mexico, Brazil, Chile, Czech Republic, Hungary, Poland, Slovakia, Russia, China, India, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore

BRIICs/5 Brazil, Russia, India, Indonesia, China; Former Centrally Planned Economies

Former centrally planned economies/7 Cyprus, Malta, Recently acceded countries, Other Central Europe, Former Soviet Union

USMCA/8 Canada, Mexico, United States

Europe and Central Asia/9 Europe, Former Soviet Union

Middle East and North Africa/10 Middle East and North Africa

Other Southeast Asia outlook/11 Malaysia, Philippines, Thailand, Vietnam

Other South America outlook/12 Chile, Colombia, Peru, Bolivia, Paraguay, Uruguay

Indicator Source

Real gross domestic product (GDP) World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service all converted to a 2015 base year.

Real GDP per capita U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table and Population table.

GDP deflator World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Real GDP shares U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table.

Real exchange rates U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, CPI table, and Nominal XR and Trade Weights tables developed by the Economic Research Service.

Consumer price indices (CPI) International Financial Statistics International Monetary Fund, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Population Department of Commerce, Bureau of the Census, U.S. Department of Agriculture, Economic Research Service, International Data Base.

India GDP: Deflator: Imports of Goods and Services data was reported at 1.673 Index, 2012 in 2026. This records an increase from the previous number of 1.647 Index, 2012 for 2025. India GDP: Deflator: Imports of Goods and Services data is updated yearly, averaging 1.002 Index, 2012 from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 1.841 Index, 2012 in 2022 and a record low of 0.430 Index, 2012 in 1996. India GDP: Deflator: Imports of Goods and Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual.

India IN: GDP: Deflator: Imports of Goods and Services: Double Hit Scenario data was reported at 1.473 Index, 2011-12 in 2021. This records an increase from the previous number of 1.433 Index, 2011-12 for 2020. India IN: GDP: Deflator: Imports of Goods and Services: Double Hit Scenario data is updated yearly, averaging 0.828 Index, 2011-12 from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 1.473 Index, 2011-12 in 2021 and a record low of 0.430 Index, 2011-12 in 1996. India IN: GDP: Deflator: Imports of Goods and Services: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Deflator: Forecast: Non OECD Member: Annual. PMGS - Imports of goods and services, deflator (national accounts basis)Index, national reference year