Key information about India Real GDP Growth

• The Gross Domestic Product (GDP) in India expanded 8.2 % YoY in Sep 2025, following a growth of 7.8 % in the previous quarter.
• Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Sep 2025, with an average rate of 7.6 %.
• The data reached an all-time high of 22.6 % in Jun 2021 and a record low of -23.1 % 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 975.9 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025.
• GDP Per Capita in India reached 2,777.6 USD in Mar 2025.
• Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 34.8 % in Sep 2025.
• Public Consumption accounted for 9.1 % in Sep 2025.
• Private Consumption accounted for 62.5 % in Sep 2025.

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 IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 15.998 % in 2024. This records a decrease from the previous number of 16.639 % for 2023. India IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 27.320 % from Mar 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 42.752 % in 1968 and a record low of 15.998 % in 2024. India IN: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing 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: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

India recorded a Government Debt to GDP of 81.92 percent of the country's Gross Domestic Product in 2024. This dataset provides - India Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Uttar Pradesh data was reported at 8.508 % in 2024. This records an increase from the previous number of 8.399 % for 2023. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Uttar Pradesh data is updated yearly, averaging 8.371 % from Mar 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 8.778 % in 2005 and a record low of 8.057 % in 2011. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Uttar Pradesh 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

Actual value and historical data chart for India GDP Per Capita Growth Annual Percent

Actual value and historical data chart for India Coal Rents Percent Of GDP

In 2020, the GDP per capita at current prices in India was estimated to approximately ***** U.S. dollars. Projections from per capita GDP are expected to increase up to 2024, with a projected GDP per capita of ***** U.S. dollars projected for that year.

India IN: GDP: Growth: Volume: Exports of Goods and Services data was reported at 3.332 % in 2025. This records a decrease from the previous number of 5.463 % for 2024. India IN: GDP: Growth: Volume: Exports of Goods and Services data is updated yearly, averaging 8.817 % from Dec 1997 (Median) to 2025, with 29 observations. The data reached an all-time high of 27.609 % in 2005 and a record low of -10.119 % in 2020. India IN: GDP: Growth: Volume: Exports of Goods and Services 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. XGSV_ANNPCT - Exports of goods and services, volume, growth (national accounts basis). Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

India: Gross Domestic Product, billions of U.S. dollars: The latest value from 2024 is 3912.69 billion U.S. dollars, an increase from 3638.49 billion U.S. dollars in 2023. In comparison, the world average is 612.35 billion U.S. dollars, based on data from 176 countries. Historically, the average for India from 1960 to 2024 is 834.5 billion U.S. dollars. The minimum value, 37.03 billion U.S. dollars, was reached in 1960 while the maximum of 3912.69 billion U.S. dollars was recorded in 2024.

Being one of the largest offshoring destinations for different IT companies across the world, the business process management market in India is of considerable importance. The information technology/business process management (IT-BPM) sector had contributed a share of seven percent to the GDP of the country in fiscal year 2024. And it was estimated by 2025, the share would increase to 10 percent. BPM is more like a discipline than a process that incorporates methods to improve, analyze, automate and improve business processes. Domestic and international In the financial year 2023, the IT sector had an export value of more than 193 billion U.S. dollars. The IT software and services, the leading segment in the export. The sector has been generating big figures domestically as well. The employment generated from the IT-BPM industry in the country exceeded five million in financial year 2023. What does the future hold? With a mixture of BPM and robotic process automation (RPA) in the picture, enhanced partnerships with the rapidly growing IT and BPM industry in India are quite likely to happen. The industry has been generating increased revenue over the years, and presumably with the fast-growing pace of the sector, the revenue generation will also be on the rise.

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

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.

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.

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

India: Trade openness: exports plus imports as percent of GDP: The latest value from 2024 is 44.67 percent, a decline from 44.99 percent in 2023. In comparison, the world average is 92.80 percent, based on data from 133 countries. Historically, the average for India from 1960 to 2024 is 25.03 percent. The minimum value, 7.66 percent, was reached in 1970 while the maximum of 55.79 percent was recorded in 2012.

Key information about India Nominal GDP

• India Nominal GDP reached 975.9 USD bn in Sep 2025, compared with 1,005.7 USD bn in the previous quarter.
• Nominal GDP in India is updated quarterly, available from Jun 1996 to Sep 2025, with an average number of 456.6 USD bn.
• The data reached an all-time high of 1,018.0 USD bn in Mar 2025 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 8.2 % YoY in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025.
• India GDP Per Capita reached 2,777.6 USD in Mar 2025.
• Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
• For Nominal GDP contributions, Investment accounted for 34.8 % in Sep 2025.
• Public Consumption accounted for 9.1 % in Sep 2025.
• Private Consumption accounted for 62.5 % in Sep 2025.

Dataset of the India GDP Annual Growth Rate, including historical data, latest releases, and long-term trends from 1961-12-31 to 2024-12-31. Available for free download in CSV format.

Actual value and historical data chart for India GDP Us Dollar

Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Bihar data was reported at 2.830 % in 2024. This records an increase from the previous number of 2.772 % for 2023. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Bihar data is updated yearly, averaging 2.743 % from Mar 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 2.894 % in 2020 and a record low of 2.351 % in 2006. Gross State Domestic Product Contribution to National Gross Domestic Product (GDP): Bihar 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