Key information about India Real GDP Growth

• The Gross Domestic Product (GDP) in India expanded 4.4 % YoY in Dec 2022, following a growth of 6.3 % in the previous quarter.
• Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Dec 2022, with an average rate of 7.2 %.
• The data reached an all-time high of 21.6 % in Jun 2021 and a record low of -23.4 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


Related information about India Real GDP Growth

• In the latest reports, Nominal GDP of India reached 844.6 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022.
• GDP Per Capita in India reached 2,301.4 USD in Mar 2022.
• Its Gross Savings Rate was measured at 30.2 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 28.4 % in Dec 2022.
• Public Consumption accounted for 9.0 % in Dec 2022.
• Private Consumption accounted for 63.3 % in Dec 2022.

In the second quarter of 2023, the real GDP in India grew by *** percent, compared to the same quarter of the previous year.

India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government data was reported at 5.366 % in 2026. This records a decrease from the previous number of 5.995 % for 2025. India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government data is updated yearly, averaging 5.681 % from Dec 1997 (Median) to 2026, with 30 observations. The data reached an all-time high of 14.190 % in 2009 and a record low of -0.770 % in 2020. India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government 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: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. CGV_ANNPCT - Government final consumption expenditure, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.; Data before Fiscal Year 2004 are OECD estimates based on previous vintages.

The impact of the coronavirus (COVID-19) lockdown in India slashed GDP growth forecasts for financial year 2021. Among the agencies that estimated growth, World Bank predicted a contraction of nearly *** percent, while the SBI (before the Maharashtra lockdown in April 2021) estimated a decline of ***** percent.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

GDP (current US$) in India was reported at 3912686168582 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

India IN: Contribution to Growth in Real GDP: Net Exports data was reported at -0.007 % in 2026. This records a decrease from the previous number of -0.003 % for 2025. India IN: Contribution to Growth in Real GDP: Net Exports data is updated yearly, averaging -0.003 % from Dec 1997 (Median) to 2026, with 30 observations. The data reached an all-time high of 0.045 % in 2013 and a record low of -0.028 % in 2017. India IN: Contribution to Growth in Real GDP: Net Exports 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: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. CQ_FBGSV-Net exports, contribution to growth in real GDP

This statistic shows the growth of the gross domestic product (GDP) in selected countries from 2019 to 2029. According to the forecast, the GDP of Germany will grow by **** percent in 2025.

Key information about India Nominal GDP

• India Nominal GDP reached 873.7 USD bn in Mar 2023, compared with 846.0 USD bn in the previous quarter.
• Nominal GDP in India is updated quarterly, available from Jun 1996 to Mar 2023, with an average number of 357.4 USD bn.
• The data reached an all-time high of 873.7 USD bn in Mar 2023 and a record low of 84.1 USD bn in Sep 1996.

CEIC converts quarterly Nominal GDP into USD. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q2 2011 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices and prior to Q2 2004 is based on SNA 1993, at 1999-2000 prices.


Related information about India Nominal GDP

• In the latest reports, India GDP expanded 6.1 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 4.1 % in Mar 2023.
• India GDP Per Capita reached 2,452.2 USD in Mar 2023.
• Its Gross Savings Rate was measured at 30.2 % in Mar 2022.
• For Nominal GDP contributions, Investment accounted for 33.2 % in Mar 2023.
• Public Consumption accounted for 12.1 % in Mar 2023.
• Private Consumption accounted for 58.4 % in Mar 2023.

Coal rents (% of GDP) in India was reported at 1.2803 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Coal rents (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Graph and download economic data for Gross Domestic Product for India (MKTGDPINA646NWDB) from 1960 to 2024 about India and GDP.

Data and expert analysis on India’s GDP and GSDP including per capita values, sector and industry contribution, GVA, and comparison with global peers.

Forecast: Contribution to GDP of Manufacturing in India 2024 - 2028 Discover more data with ReportLinker!

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.

ناتج الناتج المحلي الإجمالي (الناتج المحلي الإجمالي) في الهند نما بنسبة 7.40 في المئة في الربع الأول من عام 2025 مقارنة بالربع نفسه من العام السابق. ???? ??? ?????? - ???? ??? ?????? ?????? ???????? ????? - ????? ???????? ???????? ?????????? ????????? ?????? ????????? ?????????? ??????? ????????? ????????.

GDP Constant Prices in India increased to 51351.63 INR Billion in the first quarter of 2025 from 47265.42 INR Billion in the fourth quarter of 2024. This dataset provides - India GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Financial system deposits to GDP (%) in India was reported at 72.09 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Financial system deposits to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

India IN: GDP: Growth: Deflator data was reported at 3.244 % in 2026. This records a decrease from the previous number of 3.321 % for 2025. India IN: GDP: Growth: Deflator data is updated yearly, averaging 6.878 % from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 20.217 % in 1974 and a record low of 0.383 % in 1976. India IN: GDP: Growth: 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: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. PGDP_ANNPCT - Gross domestic product, market prices, deflator. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

Households Debt in India increased to 41.90 percent of GDP in the fourth quarter of 2024 from 41.30 percent of GDP in the third quarter of 2024. This dataset provides - India Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP, PPP (current international $) in India was reported at 16190819718798 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.