GDP deflator: linked series (base year varies by country) in India was reported at 176 year in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP deflator: linked series (base year varies by country) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Actual value and historical data chart for India GDP Deflator Base Year Varies By Country

The dataset provides year-wise annual Gross Domestic Product (GDP) figures at both current and constant prices from 1950–51, with 2011–12 as the base year. GDP represents the total market value of all goods and services produced within an economy over a specific period

This dataset measures the rate of growth of the Gross Domestic Product each year. Gross Domestic Product or GDP is the market value of all the produced goods and or services within an economy in a given time.

India IN: GDP: Linked Series data was reported at 295,356,668.443 INR mn in 2024. This records an increase from the previous number of 269,496,458.603 INR mn for 2023. India IN: GDP: Linked Series data is updated yearly, averaging 45,766,455.214 INR mn from Mar 1991 (Median) to 2024, with 34 observations. The data reached an all-time high of 295,356,668.443 INR mn in 2024 and a record low of 5,761,092.056 INR mn in 1991. India IN: GDP: 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. GDP 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. 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 current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

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.

Quarterly Estimates of GDP at Current Prices (India, 2011–12 Series)

This dataset provides quarterly estimates of India’s Gross Domestic Product (GDP) at current prices, following the 2011–12 base year series, as released by the Ministry of Statistics and Programme Implementation (MoSPI), Government of India.It contains data from 2011–12 Q1 to 2022–23 Q4 and includes key macro-economic indicators and sectoral breakdowns.

  📘 Dataset Overview

Attribute… See the full description on the dataset page: https://huggingface.co/datasets/hmnshudhmn24/quarterly-gdp-estimates-india-2011-12-to-2022-23.

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: GDP: Deflator: Imports of Goods and Services data was reported at 1.829 Index, 2011-12 in 2025. This records an increase from the previous number of 1.777 Index, 2011-12 for 2024. India IN: GDP: Deflator: Imports of Goods and Services data is updated yearly, averaging 0.955 Index, 2011-12 from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 1.841 Index, 2011-12 in 2022 and a record low of 0.430 Index, 2011-12 in 1996. India IN: GDP: Deflator: Imports 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: Deflator: Forecast: Non OECD Member: Annual. PMGS - Imports of goods and services, deflator (national accounts basis)Index, national reference year

India IN: GDP: Deflator: Double Hit Scenario data was reported at 1.510 Index, 2011-12 in 2021. This records an increase from the previous number of 1.450 Index, 2011-12 for 2020. India IN: GDP: Deflator: Double Hit Scenario data is updated yearly, averaging 0.777 Index, 2011-12 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 1.510 Index, 2011-12 in 2021 and a record low of 0.370 Index, 2011-12 in 1995. India IN: GDP: Deflator: 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: GDP: Deflator: Forecast: Non OECD Member: Annual. PGDP - Gross domestic product, market prices, deflatorIndex, national reference year

TThe ERS International Macroeconomic Data Set provides historical and projected data for 181 countries that account for more than 99 percent of the world economy. These data and projections are assembled explicitly to serve as underlying assumptions for the annual USDA agricultural supply and demand projections, which provide a 10-year outlook on U.S. and global agriculture. The macroeconomic projections describe the long-term, 10-year scenario that is used as a benchmark for analyzing the impacts of alternative scenarios and macroeconomic shocks.

Explore the International Macroeconomic Data Set 2015 for annual growth rates, consumer price indices, real GDP per capita, exchange rates, and more. Get detailed projections and forecasts for countries worldwide.

Annual growth rates, Consumer price indices (CPI), Real GDP per capita, Real exchange rates, Population, GDP deflator, Real gross domestic product (GDP), Real GDP shares, GDP, projections, Forecast, Real Estate, Per capita, Deflator, share, Exchange Rates, CPI

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Côte d'Ivoire, Cabo Verde, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Congo, Costa Rica, Croatia, Cuba, Cyprus, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Fiji, Finland, France, Gabon, Gambia, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Syria, Tajikistan, Tanzania, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe, WORLD Follow data.kapsarc.org for timely data to advance energy economics research. Notes:

Developed countries/1 Australia, New Zealand, Japan, Other Western Europe, European Union 27, North America

Developed countries less USA/2 Australia, New Zealand, Japan, Other Western Europe, European Union 27, Canada

Developing countries/3 Africa, Middle East, Other Oceania, Asia less Japan, Latin America;

Low-income developing countries/4 Haiti, Afghanistan, Nepal, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, Senegal, Sierra Leone, Somalia, Tanzania, Togo, Uganda, Zimbabwe;

Emerging markets/5 Mexico, Brazil, Chile, Czech Republic, Hungary, Poland, Slovakia, Russia, China, India, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Singapore

BRIICs/5 Brazil, Russia, India, Indonesia, China; Former Centrally Planned Economies

Former centrally planned economies/7 Cyprus, Malta, Recently acceded countries, Other Central Europe, Former Soviet Union

USMCA/8 Canada, Mexico, United States

Europe and Central Asia/9 Europe, Former Soviet Union

Middle East and North Africa/10 Middle East and North Africa

Other Southeast Asia outlook/11 Malaysia, Philippines, Thailand, Vietnam

Other South America outlook/12 Chile, Colombia, Peru, Bolivia, Paraguay, Uruguay

Indicator Source

Real gross domestic product (GDP) World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service all converted to a 2015 base year.

Real GDP per capita U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table and Population table.

GDP deflator World Bank World Development Indicators, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Real GDP shares U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, GDP table.

Real exchange rates U.S. Department of Agriculture, Economic Research Service, Macroeconomic Data Set, CPI table, and Nominal XR and Trade Weights tables developed by the Economic Research Service.

Consumer price indices (CPI) International Financial Statistics International Monetary Fund, IHS Global Insight, Oxford Economics Forecasting, as well as estimated and projected values developed by the Economic Research Service, all converted to a 2015 base year.

Population Department of Commerce, Bureau of the Census, U.S. Department of Agriculture, Economic Research Service, International Data Base.

India IN: GDP: Deflator: Imports of Goods and Services: USD data was reported at 1.175 Index, 2011-12 in 2025. This records an increase from the previous number of 1.142 Index, 2011-12 for 2024. India IN: GDP: Deflator: Imports of Goods and Services: USD data is updated yearly, averaging 0.969 Index, 2011-12 from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 1.226 Index, 2011-12 in 2022 and a record low of 0.536 Index, 2011-12 in 1998. India IN: GDP: Deflator: Imports of Goods and Services: 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: Deflator: Forecast: Non OECD Member: Annual. PMGSD - Imports of goods and services in USD, deflator (national accounts basis)Index, OECD reference year OECD calculation, see OECD Economic Outlook database documentation

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for India (LORSGPORINQ659S) from Q2 1997 to Q3 2023 about leading indicator, India, and GDP.

The statistic shows the national debt in India from 2020 to 2023 in relation to gross domestic product (GDP), with projections up until 2030. In 2023, the national debt of India amounted to about 81.23 percent of the gross domestic product. India’s economy on the rise India is one of the most populous countries in the world, and although a large share of inhabitants are living below the poverty line – or probably due to this fact –, the country’s economy is growing steadily. India’s GDP growth is expected to remain steady at more than 7 percent for the next few years, which is almost double that of the global GDP, and both GDP and GDP per capita are expected to increase significantly. Almost half of India’s workforce is employed in the agricultural sector, but services and industry share the other half quite equally. India’s GDP is mostly generated by the services sector, which includes transport, retailing, and offering services in the hospitality and tourism industry. India’s trade balance has been in the red for a decade now, but seems to recover slowly. A trade deficit usually means that a country’s import costs are higher than the amount of money generated with exporting goods. India’s imports could not be compensated for by the country’s exports, as imports have been consistently, even if only slightly, higher over the years both in terms of volume and value. Still, all signs point to India’s economy growing and thriving, reducing India’s debt (as seen above) and unemployment rate, enabling the inhabitants to create a better life for themselves.

The dataset contains All India Yearly State Government Fiscal Indicators from Handbook of Statistics on Indian Economy.

Note: 1. Data for 2022-23 are Revised Estimates and data for 2023-24 are Budget Estimates. 2. Data from 2017-18 onwards pertains to all the States and UTs with legislatures. 3. Negative (-) sign indicates surplus in deficit indicators. 4. Up to 2003-04, the percentages are calculated based on the data for GDP at current market prices with base year 1999-2000; 2004-05 to 2010-11 is based on GDP at current market prices with base year 2004-2005; and thereafter the ratios are based on GDP at current market prices with base year 2011-12.

India IN: GDP: Deflator: Imports of Goods and Services: Double Hit Scenario data was reported at 1.473 Index, 2011-12 in 2021. This records an increase from the previous number of 1.433 Index, 2011-12 for 2020. India IN: GDP: Deflator: Imports of Goods and Services: Double Hit Scenario data is updated yearly, averaging 0.828 Index, 2011-12 from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 1.473 Index, 2011-12 in 2021 and a record low of 0.430 Index, 2011-12 in 1996. India IN: GDP: Deflator: Imports of Goods and Services: 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: GDP: Deflator: Forecast: Non OECD Member: Annual. PMGS - Imports of goods and services, deflator (national accounts basis)Index, national reference year

India's quarterly GDP was estimated to grow by 8.4 percent in the second quarter of financial year 2022 compared to the same quarter in the previous fiscal year. While continuing to be a positive change, it was a significant reduction from the performance during the first quarter of fiscal year 2022 when GDP growth peaked by 20 percent.

Cost of the pandemic

As a result of the various lockdowns enforced since the onset of the coronavirus pandemic in 2020, the Indian economy has been reeling from a multibillion dollar setback. The GDP contribution as well as the employment rate among most major sectors, especially services and trade, had taken a hit. The agriculture sector was an exception, having experienced positive changes on both these fronts.

A slowly recovering economy

With the outbreak of the second wave of the pandemic in March 2021, the government redirected financial support to boost India’s vaccination campaign. As of February 2022, over a billion vaccine doses had been administered across the country. Furthermore, inflation within the country was expected to decline 2021 onwards. However, the stagnation of employment continued to remain a matter of concern with protests erupting across different states in 2022.

The dataset contains year-wise compiled data on the on the annual Gross Domestic Product (GDP)/Gross Domestic Value (GVA) share from Irrigation and Agriculture Crop sectors, at constant and current prices. The different types of items and products from which GDP/GVA was contributed include Seed, Organic Manure, Chemical Fertilizers, Feed of Livestock, Irrigation and Electricity market charges, Pesticides and Insecticides, Diesel Oil. etc.

Notes:

Current prices are those indicated at a given moment in time, and said to be in nominal value. Constant prices are in real value, i.e. corrected for changes in prices in relation to a base line or reference datum. It is also known as Real GDP

The dataset contains year-wise compiled data on the annual Gross Domestic Product (GDP)/Gross Domestic Value (GVA) share from different items and products of livestock sector, at constant and current prices. These include Meat products such as Beef, Mutton, Pork, Poultry Meat, Eggs, Skin, Wool Products such as Hair and Bristles, Dung Fuel and Manure Products, Milk products, Honey, Cocoons, etc.

Notes:

Current prices are those indicated at a given moment in time, and said to be in nominal value. Constant prices are in real value, i.e. corrected for changes in prices in relation to a base line or reference datum. It is also known as Real GDP

Time series data for the statistic Government expenditure on education not specified by level, constant US$ (millions) and country India. Indicator Definition:Total general (local, regional and central) government expenditure on education (current, capital, and transfers) not specified by level in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/