In 2020, India's economy was estimated to decline by ***** percent, most likely due to the impact of the COVID-19 pandemic. Following the 2020 economic downfall, the Indian economy is projected to grow by **** percent in 2021 and *** percent in 2022, the strongest recovery among selected countries.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for India.

India E-waste management market is anticipated to register a CAGR of 22%. This report consist industry trends and major growing factors with market players.

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.

India IN: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data was reported at -0.559 % in 2021. This records a decrease from the previous number of -0.278 % for 2020. India IN: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data is updated yearly, averaging -1.175 % from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 2.276 % in 2003 and a record low of -4.830 % in 2012. India IN: Balance of Payment: Current Account Balance: as % of GDP: Single 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: Balance of Payments: Current Account: Forecast: Non OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6):https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wearable devices includes devices like smart watch, smart bands, smart clothing, smart glass and the wearable health and fitness devices that are available in the global front.

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.

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 (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.

Monthly and long-term India economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

India IN: Trade of Goods and Services: Volume: Double Hit Scenario data was reported at 489.000 USD bn in 2021. This records an increase from the previous number of 473.000 USD bn for 2020. India IN: Trade of Goods and Services: Volume: Double Hit Scenario data is updated yearly, averaging 335.000 USD bn from Dec 1997 (Median) to 2021, with 25 observations. The data reached an all-time high of 569.000 USD bn in 2018 and a record low of 64.777 USD bn in 1997. India IN: Trade of Goods and Services: Volume: 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: Trade Statistics: Trade Volume and Relative Price: Forecast: Non OECD Member: Annual. TGSVD - Goods and services trade, volume OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

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.

India IN: Contribution to World Trade Volume: Goods and Services: expressed in USD data was reported at 0.151 % in 2025. This records a decrease from the previous number of 0.162 % for 2024. India IN: Contribution to World Trade Volume: Goods and Services: expressed in USD data is updated yearly, averaging 0.151 % from Dec 1997 (Median) to 2025, with 29 observations. The data reached an all-time high of 0.570 % in 2021 and a record low of -0.324 % in 2020. India IN: Contribution to World Trade Volume: Goods and Services: expressed in 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: Trade Statistics: Share in World Trade and Performance Indicators: Forecast: Non OECD Member: Annual. CTGSVD-Contribution to world trade growth, goods and services expressed in USD OECD calculation, see OECD Economic Outlook database documentation

The water heaters industry is filled with large numbers of un organized as well as organized manufacturers.

"India Thermal Power Analysis – Market Outlook to 2030, Update 2021” is the latest report from GlobalData, the industry analysis specialist, that offers comprehensive information and understanding of the thermal power market in India. The report gives information on the different types of power sources available in the country. The report discusses the thermal power market in the country and provides forecasts up to 2030. The report highlights installed capacity and power generation trends from 2010 to 2030 in the country's thermal power market. The report also provides company snapshots of some of the major market participants. The report is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by GlobalData’s team of industry experts. Read More

Inflation Rate in India decreased to 0.25 percent in October from 1.44 percent in September of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in India expanded 1.70 percent in the second quarter of 2025 over the previous quarter. This dataset provides - India GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Energy and sports drinks have seen a drastic growth in the recent years in the global front. Extensive and irregular working hours and the increasing occurrence of social gathering

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.