Consumer spending across India amounted to 27.2 trillion rupees by the end of the first quarter of 2025. It reached an all-time high during the fourth quarter of 2024, with a value of 28.4 trillion rupees. What is consumer spending? Consumer spending refers to the total money spent on final goods and services by individuals and households in an economy. It is an important metric that directly impacts the GDP of a country. Items that qualify as consumer spending include durable and nondurable goods and services. Various factors such as debt held by consumers, wages, supply and demand, taxes, and government-based economic stimulus can impact consumer spending in a country. Positive consumer outlook in India India’s consumer spending reflects a positive outlook with renewed consumer confidence post-COVID. Its consumer market is set to become one of the largest in the world as the number of middle- to high-income households rises with increasing amounts of disposable incomes. The country’s young demographic is also considered a driving force for increased consumer spending.

Consumer Spending in India decreased to 27167.23 INR Billion in the second quarter of 2025 from 27200.39 INR Billion in the first quarter of 2025. This dataset provides - India Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual household consumption expenditure in India amounted to **** trillion U.S. dollars. This was an increase as compared to the previous year, when the annual household consumption expenditure amounted to just over **** trillion U.S. dollars. Household consumption expenditure is the market value of goods and services purchased by households, including slow-moving consumer goods (computers, cars, and washing machines).

Historical dataset showing India consumer spending by year from 1960 to 2023.

HCE: Monthly per Capita Consumer Expenditure: Average: India: Urban data was reported at 2,399.240 INR in 2012. This records an increase from the previous number of 1,785.810 INR for 2010. HCE: Monthly per Capita Consumer Expenditure: Average: India: Urban data is updated yearly, averaging 755.200 INR from Jun 1978 (Median) to 2012, with 6 observations. The data reached an all-time high of 2,399.240 INR in 2012 and a record low of 96.150 INR in 1978. HCE: Monthly per Capita Consumer Expenditure: Average: India: Urban data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HB017: HCES: Uniform Reference Period (URP): Average Monthly Per Capita Consumption Expenditure (MPCE): by Item Group: Urban (Discontinued).

The above data pertains to India and includes information about the Gross Domestic Product (GDP) as well as the Household Consumption Expenditure. The data covers the time period between 1990 and 2019, providing insights into the trends and changes in these economic indicators over a span of 29 years. This information can be used to analyze and understand the economic development of India during this time period.

According to a survey conducted in June 2022 in India, ** percent of urban respondents cut their expenses on clothes and accessories as the cost of living increased. Other major cost-cutting options among consumers are hobbies, leisure activities, and fuel spending.

India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: Compared with Previous Year: Remain Same data was reported at 40.870 % in Mar 2025. This records an increase from the previous number of 38.460 % for Jan 2025. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: Compared with Previous Year: Remain Same data is updated monthly, averaging 35.260 % from Sep 2015 (Median) to Mar 2025, with 56 observations. The data reached an all-time high of 44.900 % in Jul 2019 and a record low of 26.790 % in Nov 2021. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: Compared with Previous Year: Remain Same data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HA006: Consumer Confidence Survey: Reserve Bank of India: Consumer Spending: Non Essential.

Graph and download economic data for Real Final Consumption Expenditure for India (NCRNSAXDCINQ) from Q2 2004 to Q1 2025 about India, consumption expenditures, consumption, and real.

India: Household consumption as percent of GDP: The latest value from 2024 is 61.49 percent, an increase from 60.19 percent in 2023. In comparison, the world average is 66.87 percent, based on data from 102 countries. Historically, the average for India from 1960 to 2024 is 68.99 percent. The minimum value, 54.72 percent, was reached in 2010 while the maximum of 87.38 percent was recorded in 1960.

India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Remain Same data was reported at 37.670 % in Mar 2025. This records an increase from the previous number of 36.080 % for Jan 2025. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Remain Same data is updated monthly, averaging 36.745 % from Sep 2015 (Median) to Mar 2025, with 56 observations. The data reached an all-time high of 43.500 % in Mar 2020 and a record low of 27.600 % in Nov 2016. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Remain Same data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HA006: Consumer Confidence Survey: Reserve Bank of India: Consumer Spending: Non Essential.

In 2023, social media was the leading mobile app category in India in terms of consumer spending. The dating sub-genre alone accounted for over ** million U.S. dollars of consumer spending, followed by live video chat. However, it was the media sharing sub-genre that saw the highest growth in consumer spend by *** percent. Meanwhile, streaming apps contributed the third highest consumer spend that year.

Graph and download economic data for Real Private Sector Final Consumption Expenditure for India (NCPRNSAXDCINQ) from Q2 2004 to Q1 2025 about India, sector, consumption expenditures, consumption, private, and real.

In 2012, the value of per capita household expenditure or consumer spending across India amounted to nearly 574 U.S. dollars. Although data showed an upward trend in consumer spending since 1974, average monthly spending across the country had declined in more than four decades as reported by the NSO, to about 1,400 Indian rupees in fiscal year 2018 from over 1,500 rupees in fiscal year 2012.

Key information about India Private Consumption Expenditure

• India Private Consumption Expenditure was reported at 610.063 USD bn in Sep 2025. This records an increase from the previous number of 606.155 USD bn for Jun 2025.
• India Private Consumption Expenditure data is updated quarterly, averaging 257.935 USD bn from Jun 1996 to Sep 2025, with 118 observations.
• The data reached an all-time high of 655.485 USD bn in Dec 2024 and a record low of 59.752 USD bn in Sep 1996.
• India Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Quarterly.

CEIC converts quarterly Private Consumption Expenditure into USD. Ministry of Statistics and Programme Implementation provides Private Consumption Expenditure in local currency based on SNA 2008, at 2011-2012 prices. Federal Reserve Board average market exchange rate is used for currency conversions. Private Consumption Expenditure 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.

Final consumption expenditure (current US$) in India was reported at 2802707415833 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data was reported at 24.630 % in Mar 2025. This records a decrease from the previous number of 26.480 % for Jan 2025. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data is updated monthly, averaging 26.550 % from Sep 2015 (Median) to Mar 2025, with 56 observations. The data reached an all-time high of 39.900 % in Jul 2020 and a record low of 8.470 % in Nov 2017. India Consumer Confidence Survey: RBI: Consumer Spending: Non Essential: One Year Ahead: Decrease data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Domestic Trade and Household Survey – Table IN.HA006: Consumer Confidence Survey: Reserve Bank of India: Consumer Spending: Non Essential.

Households and NPISHs Final consumption expenditure (current US$) in India was reported at 2405795557862 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Household final consumption expenditure - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

In 2023, the Disney+ Hotstar app accrued over ************* U.S. dollars in consumer expenditure in India; the highest among the video over-the-top (OTT) apps available in the country. Indian mobile users spent far more on domestic OTT apps than on global players such as Netflix that year.

Actual value and historical data chart for India Household Final Consumption Expenditure Per Capita Growth Annual Percent