Key information about India Gross National Product (GNP)

• India Gross National Product (GNP) was reported at 3,589.169 USD bn in Dec 2023.
• This records an increase from the previous number of 3,301.403 USD bn for Dec 2022.
• India Gross National Product (GNP) data is updated yearly, averaging 277.336 USD bn from Dec 1957 to 2023, with 67 observations.
• The data reached an all-time high of 3,589.169 USD bn in 2023 and a record low of 28.750 USD bn in 1957.

• India Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC shifts year-end for annual Gross National Product and converts it into USD. Ministry of Statistics and Programme Implementation provides Gross National Product in local currency based on SNA 2008, at 2011-2012 prices. Federal Reserve Board average market exchange rate is used for currency conversions. Gross National Product is reported in annual frequency, ending in March of each year.

India GNP for 2023 was 3.649 trillion US dollars, a 7.5% increase from 2022.

<ul style='margin-top:20px;'>

<li>India GNP for 2022 was <strong>3.395 trillion US dollars</strong>, a <strong>10.77% increase</strong> from 2021.</li>
<li>India GNP for 2021 was <strong>3.064 trillion US dollars</strong>, a <strong>15.13% increase</strong> from 2020.</li>
<li>India GNP for 2020 was <strong>2.662 trillion US dollars</strong>, a <strong>7.53% decline</strong> from 2019.</li>
</ul>GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Gross National Product in India increased to 18523133 INR Tens Of Million in 2024 from 17404638 INR Tens Of Million in 2023. This dataset provides the latest reported value for - India Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product (GNP) India dilaporkan sebesar 3,589.169 USD bn pada 2023. Rekor ini naik dibanding sebelumnya yaitu 3,301.403 USD bn untuk 2022. Data Gross National Product (GNP) India diperbarui tahunan, dengan rata-rata 277.336 USD bn dari 1957 sampai 2023, dengan 67 observasi. Data ini mencapai angka tertinggi sebesar 3,589.169 USD bn pada 2023 dan rekor terendah sebesar 28.750 USD bn pada 1957. Data Gross National Product (GNP) India tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Gross National Product: USD: Annual.

In financial year 2025, the gross national income at current prices in India was estimated to amount over *** trillion Indian rupees, a significant increase from the previous year. It was the first time during the last decade, that the gross national income decreased in fiscal year 2021.

The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

Os dados de Gross National Product (GNP) da Índia foram registrados em 3,589.169 USD bn em 2023. Este é um registro de um aumento com relação aos números anteriores de 3,301.403 USD bn em 2022. Os dados de Gross National Product (GNP) da Índia são atualizados anualmente, com uma média de 277.336 USD bn em 1957 até 2023, com 67 observações. Os dados alcançaram um alto recorde de 3,589.169 USD bn em 2023 e um baixo recorde de 28.750 USD bn em 1957. Os dados de Gross National Product (GNP) da Índia permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Gross National Product: USD: Annual.

Graph and download economic data for Ratio of GNP to GDP for India from 1960 to 2010 about GNP, ratio, India, and GDP.

India IN: Gross National Income: Linked Series data was reported at 291,043,541.238 INR mn in 2024. This records an increase from the previous number of 265,793,391.230 INR mn for 2023. India IN: Gross National Income: Linked Series data is updated yearly, averaging 45,497,725.214 INR mn from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 291,043,541.238 INR mn in 2024 and a record low of 5,685,642.056 INR mn in 1991. India IN: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

The Gross Domestic Product (GDP) in India was worth 3912.69 billion US dollars in 2024, according to official data from the World Bank. The GDP value of India represents 3.69 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 2030. 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.

India Gross National Product at Factor Cost per Capita data was reported at 25,848.000 INR in 2005. This records an increase from the previous number of 23,352.000 INR for 2004. India Gross National Product at Factor Cost per Capita data is updated yearly, averaging 1,461.000 INR from Mar 1951 (Median) to 2005, with 55 observations. The data reached an all-time high of 25,848.000 INR in 2005 and a record low of 263.000 INR in 1956. India Gross National Product at Factor Cost per Capita data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI009: NAS 1993-1994: Gross and Net National Product.

India NAS 2011-2012: National Product: Gross National Product data was reported at 326,249,175.645 INR mn in 2025. This records an increase from the previous number of 297,107,859.969 INR mn for 2024. India NAS 2011-2012: National Product: Gross National Product data is updated yearly, averaging 3,592,457.035 INR mn from Mar 1951 (Median) to 2025, with 75 observations. The data reached an all-time high of 326,249,175.645 INR mn in 2025 and a record low of 101,806.299 INR mn in 1951. India NAS 2011-2012: National Product: Gross National Product data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.AL001: NAS 2011-2012: Gross and Net National Product.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for India (INDGDPRQPSMEI) from Q2 2012 to Q1 2025 about India, real, GDP, and rate.

Gross National Income (GNI) measures the total monetary value of all final goods and services produced by the residents of a country over a specific period, typically one fiscal year. It includes the domestic output (GDP) and net income earned from abroad, such as remittances, profits, dividends, and interest received from overseas investments, minus similar payments made to foreign entities. GNI reflects a nation’s overall economic capacity and income-generating power, encompassing both domestic and international economic engagement. Net National Income (NNI), on the other hand, adjusts GNI by subtracting depreciation, which accounts for the wear and tear or obsolescence of fixed assets. NNI provides a clearer picture of sustainable income that is available for consumption and reinvestment, offering a more realistic assessment of a country’s economic health and standard of living.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. 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 6.46 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.

The Gross Domestic Product per capita in India was last recorded at 2396.71 US dollars in 2024. The GDP per Capita in India is equivalent to 19 percent of the world's average. This dataset provides - India GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India’s share of global gross domestic product (GDP) rose to 8.25 percent in 2024 when adjusted for purchasing power parity (PPP) and was projected to increase to 10 percent by 2030. This reflects the growth of India’s economy, which is helped in this ranking by the low purchasing power of the rupee. The Indian economy A significant portion of India’s economic growth comes from a shift in the workforce from the agricultural sector to the more-productive service sector. This labor force shift is particularly significant in India because of the country’s staggering population figures. As such, changes in the Indian economy have an impact on a significant portion of the world population. What does PPP mean? The Economist magazine uses the Big Mac Index to illustrate purchasing power. Since the product should be the same in every country that has a McDonalds, the Big Mac’s price should reflect the purchasing power of each local currency. For the calculation in this statistic, economists took the prices of several standard goods (though not the Big Mac) and put them at the same level based on their prices in the local currency. Thus, the power of these currencies to purchase was put on par across countries, giving purchasing power parity. As such, this statistic can be interpreted as the relative size of the Indian economy if the whole world used the Indian rupee price levels.

Historical chart and dataset showing India GNI by year from 1961 to 2023.

Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data was reported at 3.695 % in 2024. This records a decrease from the previous number of 3.718 % for 2023. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data is updated yearly, averaging 3.330 % from Mar 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 4.003 % in 2017 and a record low of 2.358 % in 1984. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Delhi data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s General Election – Table IN.GEI003: Memo Items: State Economy: Gross State Domestic Product: Contribution: National Gross Domestic Product. Data prior to 2012 is based on GDP at Factor Cost