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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.
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India IN: GDP: 2015 Price: USD data was reported at 3,215.973 USD bn in 2024. This records an increase from the previous number of 2,973.542 USD bn for 2023. India IN: GDP: 2015 Price: USD data is updated yearly, averaging 483.048 USD bn from Mar 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 3,215.973 USD bn in 2024 and a record low of 136.368 USD bn in 1961. India IN: GDP: 2015 Price: USD 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: Real. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
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.
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The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first 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.
In fiscal year 2025, the estimated ratio of India's total export and import of goods and services to the GDP was **** percent. This was a slight increase in the ratio compared to the previous fiscal year’s value of **** in the country.
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India IN: GDP: 2015 Price: USD: Imports of Goods and Services data was reported at 805.157 USD bn in 2024. This records an increase from the previous number of 725.741 USD bn for 2023. India IN: GDP: 2015 Price: USD: Imports of Goods and Services data is updated yearly, averaging 34.552 USD bn from Mar 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 805.157 USD bn in 2024 and a record low of 7.525 USD bn in 1970. India IN: GDP: 2015 Price: USD: Imports of Goods and Services 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: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
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.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for India (NAEXKP03INQ661S) from Q2 2011 to Q3 2023 about India, consumption expenditures, consumption, government, real, and GDP.
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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.
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GDP per capita (constant 2015 US$) in India was reported at 2397 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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India IN: Ref. Year = 2015: Real Gross Domestic Product (GDP): Per Capita: PPP: USD data was reported at 0.000 USD bn in 2025. This records an increase from the previous number of 0.000 USD bn for 2024. India IN: Ref. Year = 2015: Real Gross Domestic Product (GDP): Per Capita: PPP: USD data is updated yearly, averaging 0.000 USD bn from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 0.000 USD bn in 2025 and a record low of 0.000 USD bn in 1995. India IN: Ref. Year = 2015: Real Gross Domestic Product (GDP): Per Capita: PPP: 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: GDP: Per Capita: Forecast: Non OECD Member: Annual. GDPVD_CAP - Gross domestic product per capital volume, at constant purchasing power parities 2015 PPPs OECD calculation, see OECD Economic Outlook database documentation
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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.
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.
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India recorded a Government Debt to GDP of 81.59 percent of the country's Gross Domestic Product in 2023. This dataset provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD data was reported at 3,646.330 USD bn in 2025. This records an increase from the previous number of 3,405.756 USD bn for 2024. India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD data is updated yearly, averaging 1,531.235 USD bn from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 3,646.330 USD bn in 2025 and a record low of 591.951 USD bn in 1995. India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: 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: GDP by Expenditure: Volume: Forecast: Non OECD Member: Annual. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook database documentation
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for India (NAEXKP01INA661S) from 2012 to 2022 about India, real, and GDP.
The graph shows the trend in population growth and growth of gross domestic product in India until 2009, as well as a forecast until 2015. See annual figures on India's economic growth here.
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India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Single Hit Scenario data was reported at 2,830.000 USD bn in 2021. This records an increase from the previous number of 2,620.000 USD bn for 2020. India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Single Hit Scenario data is updated yearly, averaging 1,330.000 USD bn from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 2,830.000 USD bn in 2021 and a record low of 592.000 USD bn in 1995. India IN: Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: 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: GDP by Expenditure: Volume: Forecast: Non OECD Member: Annual. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf
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<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.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for India (NAEXKP03INA661S) from 2012 to 2022 about India, consumption expenditures, consumption, government, real, and GDP.
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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.