Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2019 to 2024, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 7.02 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

Full Year GDP Growth in India decreased to 6.50 percent in 2025 from 9.20 percent in 2024. This dataset includes a chart with historical data for India Full Year GDP Growth.

As of 2021, the Sustainable Development Goal (SDG) index score for decent work and economic growth (SDG 8) ranges between 78 and 36 for Indian states and union territories. The state of Himachal Pradesh had the highest score of 78.

The Gross Domestic Product (GDP) in India was worth 3567.55 billion US dollars in 2023, according to official data from the World Bank. The GDP value of India represents 3.38 percent of the world economy. This dataset provides the latest reported value for - India GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the gross domestic product (GDP) per capita in India from 1987 to 2029. In 2020, the estimated gross domestic product per capita in India amounted to about 1,915.55 U.S. dollars. See figures on India's economic growth here. For comparison, per capita GDP in China had reached about 6,995.25 U.S. dollars in 2013.

India's economic progress

India’s progress as a country over the past decade can be attributed to a global dependency on cheaper production of goods and services from developed countries around the world. India’s economy is built upon its agriculture, manufacturing and services sector, which, along with its drastic rise in population and demand for employment, led to a significant increase of the nation’s GDP per capita. Despite experiencing rather momentous economic gains since the mid 2000s, the Indian economy stagnated around 2012, with a decrease in general growth as well as the value of its currency. Residents and consumers in India have recently shown pessimism regarding the future of the Indian economy as well as their own financial situation, and with the recent economic standstill, consumer confidence in the country could potentially lower in the near future.

Typical Indian exports consist of agricultural products, jewelry, chemicals and ores. Imports consist primarily of crude oil, gold and precious stones, used primarily in the manufacturing of jewelry. As a result, India has seen a rather highly increased demand of several gems in order to boost their jewelry industry and in general their exports. Although India does not export an extensive amount of goods, especially when considering the stature of the country, India has remained as one of the world’s largest exporters.

Key information about India Labour Productivity Growth

• India Labour Productivity dropped by 2.80 % YoY in Dec 2022, compared with a growth of 3.99 % in the previous year
• India Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2022, averaging at 4.31 %
• The data reached an all-time high of 9.15 % in Dec 2016 and a record low of 0.74 % in Dec 2000

CEIC shifts year-end for annual Labour Force Participation Rate. CEIC calculates annual Labour Productivity Growth from annual Real GDP and annual Employment. The Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on NAS 2011-12, at 2011-12 prices. Organisation for Economic Co-operation and Development provides Employment data. Labour Productivity Growth prior to 2013 is based on World Bank's GDP per person employed, 2021 PPP

In 2022, 42.86 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.

In 2023, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software. The IT factorThe IT industry is a vital part of India’s economy, and in the fiscal year of 2016/2017, it generated about 8 percent of India’s GDP alone – a slight decrease from previous years, when it made up about 10 percent of the country’s economy. Nevertheless, the IT industry is growing, as is evident by its quickly increasing revenue and employment figures. IT includes software development, consulting, software management, and online services, and business process management (BPM). Employee migrationAlthough employment figures in IT, and thus in the services sector, are on the rise, most of the Indian workforce is still employed in agriculture, however, the figures show a trend pointing towards a reversal of this distribution. For now, the majority of Indians still do not live in cities – where IT jobs are generated – but urbanization is on the rise as well.

This data package includes the underlying data and files to replicate the calculations, charts, and tables presented in The Economic Scope and Future of US-India Labor Migration Issues, PIIE Working Paper 15-1. If you use the data, please cite as: Kirkegaard, Jacob F. (2015). The Economic Scope and Future of US-India Labor Migration Issues. PIIE Working Paper 15-1. Peterson Institute for International Economics.

This 'Data and Command Files' folder contains three files, i.e., Data work file, Figure (with captions), and Tables (with captions). The data of the work file can be accessed at www.data.worldbank.org and www.ourworldindata.org. These data files can be used to know the impact of energy consumption and carbon emission on India's economic growth.

India Number of Registered Company: At Work: Limited: Government: Private data was reported at 531.000 Unit in 2018. This records an increase from the previous number of 462.000 Unit for 2017. India Number of Registered Company: At Work: Limited: Government: Private data is updated yearly, averaging 443.000 Unit from Mar 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 615.000 Unit in 2006 and a record low of 328.000 Unit in 2011. India Number of Registered Company: At Work: Limited: Government: Private data remains active status in CEIC and is reported by Ministry of Corporate Affairs. The data is categorized under India Premium Database’s Investment – Table IN.OC001: Registered Company: At Work.

Employment Rate in India remained unchanged at 47.20 percent in the fourth quarter of 2024 from 47.20 percent in the third quarter of 2024. This dataset provides - India Worker Population Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The spreadsheet consists of multiple attributes of case study cities.

Being one of the largest offshoring destinations for different IT companies across the world, the business process management market in India is of considerable importance. The information technology/business process management (IT-BPM) sector had contributed a share of seven percent to the GDP of the country in fiscal year 2024. And it was estimated by 2025, the share would increase to 10 percent. BPM is more like a discipline than a process that incorporates methods to improve, analyze, automate and improve business processes. Domestic and internationalIn the financial year 2023, the IT sector had an export value of more than 193 billion U.S. dollars. The IT software and services, the leading segment in the export. The sector has been generating big figures domestically as well. The employment generated from the IT-BPM industry in the country exceeded five million in financial year 2023. What does the future hold?With a mixture of BPM and robotic process automation (RPA) in the picture, enhanced partnerships with the rapidly growing IT and BPM industry in India are quite likely to happen. The industry has been generating increased revenue over the years, and presumably with the fast-growing pace of the sector, the revenue generation will also be on the rise.

India Number of Registered Company: At Work: Limited: Non Government: Private data was reported at 1,071,413.000 Unit in 2018. This records a decrease from the previous number of 1,085,872.000 Unit for 2017. India Number of Registered Company: At Work: Limited: Non Government: Private data is updated yearly, averaging 752,595.000 Unit from Mar 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 1,085,872.000 Unit in 2017 and a record low of 651,413.000 Unit in 2006. India Number of Registered Company: At Work: Limited: Non Government: Private data remains active status in CEIC and is reported by Ministry of Corporate Affairs. The data is categorized under India Premium Database’s Investment – Table IN.OC001: Registered Company: At Work.

India’s per capita net national income or NNI was around 200 thousand rupees in financial year 2025. The annual growth rate was 8.6 percent as compared to the previous year. National income indicators   While GNI (Gross National Income) and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. In 2020, India ranked second amongst the Asia Pacific countries in terms of its gross national income. This has been possible due to a favorable GDP growth in India. Measuring wealth versus welfare   National income per person or per capita is often used as an indicator of people's standard of living and welfare. However, critics object to this by citing that since it is a mean value, it does not reflect the real income distribution. In other words, a small wealthy class of people in the country can skew the per capita income substantially, even though the average population has no change in income. This is exemplified by the fact that in India, the top one percent of people, control over 40 percent of the country’s wealth.

Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.

The statistic shows the value of exports of goods from India from 2013 to 2023. In 2023, goods with a value of around 432 billion U.S. dollars were exported from India. Trade and economy in India Being one of the BRIC countries, India is one of the leading emerging market countries worldwide, and one of the fastest-growing economies. It is ranked second among the countries with the largest population, and is expected to have surpassed China in about 50 years. As for India’s economy, the country has been reporting a promising development of key figures over the last few years: Gross domestic product / gdp in India has been increasing significantly, while inflation in India and other indicators, such as the country’s unemployment rate, have been more or less stable. India is also among the countries with the largest gross domestic product / gdp and among those with the highest gross domestic product growth. The vast majority of India’s labor force works in agriculture – the industrial and the services sector both make up about 25 percent each of the country’s economy. India’s main export partners are the United Arab Emirates, the United States and China; the country’s leading exports include textile goods, software, and petroleum products. As for import, India mainly imports crude oil, chemicals and machinery, again, from China, the United States and the United Arab Emirates, among others.

India Number of Registered Company: At Work: Punjab: Limited: Public data was reported at 1,795.000 Unit in 2018. This records an increase from the previous number of 1,727.000 Unit for 2017. India Number of Registered Company: At Work: Punjab: Limited: Public data is updated yearly, averaging 1,749.000 Unit from Mar 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 2,339.000 Unit in 2007 and a record low of 1,547.000 Unit in 2011. India Number of Registered Company: At Work: Punjab: Limited: Public data remains active status in CEIC and is reported by Ministry of Corporate Affairs. The data is categorized under India Premium Database’s Investment – Table IN.OC003: Registered Company: At Work: Limited: by State.