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.

Key information about India GDP Deflator Growth

• India GDP deflator (implicit price deflator) increased 6.6 % in Dec 2022, compared with an increase of 10.3 % in the previous quarter.
• India GDP Deflator Growth data is updated quarterly, available from Jun 2005 to Dec 2022, with an average rate of 5.7 %.
• The data reached an all-time high of 12.9 % in Jun 2022 and a record low of -0.9 % in Mar 2019.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency and Real GDP in local currency, at 2011-2012 prices. GDP Deflator Growth prior to Q2 2012 is calculated from Nominal GDP and Real GDP at 2004-2005 prices.


Related information about India GDP Deflator Growth

• In the latest reports, India GDP expanded 4.4 % YoY in Dec 2022.
• Its Nominal GDP reached 844.6 USD bn in Dec 2022.
• India GDP Per Capita reached 2,301.4 USD in Mar 2022.
• Its Gross Savings Rate was measured at 30.2 % in Mar 2022.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for India (INDGDPDEFQISMEI) from Q2 1996 to Q3 2023 about implicit price deflator, India, and GDP.

Inflation, GDP deflator: linked series (annual %) in India was reported at 3.2018 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Graph and download economic data for National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for India (INDGDPDEFAISMEI) from 1997 to 2022 about implicit price deflator, India, and GDP.

India IN:(GDP) Gross Domestic ProductDeflator data was reported at 139.040 2010=100 in Mar 2017. This records a decrease from the previous number of 139.395 2010=100 for Dec 2016. India IN:(GDP) Gross Domestic ProductDeflator data is updated quarterly, averaging 106.565 2010=100 from Mar 2005 (Median) to Mar 2017, with 49 observations. The data reached an all-time high of 139.395 2010=100 in Dec 2016 and a record low of 66.779 2010=100 in Mar 2005. India IN:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Quarterly.

India GDP: Deflator data was reported at 1.870 Index, 2012 in 2026. This records an increase from the previous number of 1.811 Index, 2012 for 2025. India GDP: Deflator data is updated yearly, averaging 0.307 Index, 2012 from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 1.870 Index, 2012 in 2026 and a record low of 0.025 Index, 2012 in 1960. India GDP: Deflator 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.

GDP deflator (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 (base year varies by country) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

GDP deflator of India soared by 23.53% from 2.6 % in 2023 to 3.2 % in 2024. Since the 29.42% drop in 2022, GDP deflator sank by 45.71% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

India IN:(GDP) Gross Domestic ProductDeflator data was reported at 135.680 2010=100 in 2017. This records an increase from the previous number of 131.095 2010=100 for 2016. India IN:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 15.847 2010=100 from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 135.680 2010=100 in 2017 and a record low of 1.976 2010=100 in 1955. India IN:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Annual.

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

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 GDP: Deflator: Imports of Goods and Services data was reported at 1.673 Index, 2012 in 2026. This records an increase from the previous number of 1.647 Index, 2012 for 2025. India GDP: Deflator: Imports of Goods and Services data is updated yearly, averaging 1.002 Index, 2012 from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 1.841 Index, 2012 in 2022 and a record low of 0.430 Index, 2012 in 1996. India 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.

India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data was reported at 154.581 2010=100 in Dec 2019. This records an increase from the previous number of 152.648 2010=100 for Sep 2019. India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data is updated quarterly, averaging 83.535 2010=100 from Jun 1996 (Median) to Dec 2019, with 95 observations. The data reached an all-time high of 154.581 2010=100 in Dec 2019 and a record low of 46.504 2010=100 in Jun 1996. India IN:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s India – Table IN.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Quarterly.

India IN: GDP: Deflator: Exports of Goods and Services: Double Hit Scenario data was reported at 1.421 Index, 2011-12 in 2021. This records an increase from the previous number of 1.377 Index, 2011-12 for 2020. India IN: GDP: Deflator: Exports of Goods and Services: Double Hit Scenario data is updated yearly, averaging 0.824 Index, 2011-12 from Dec 1996 (Median) to 2021, with 26 observations. The data reached an all-time high of 1.421 Index, 2011-12 in 2021 and a record low of 0.463 Index, 2011-12 in 1996. India IN: GDP: Deflator: Exports 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. PXGS - Exports of goods and services, deflator (national accounts basis)Index, national reference year

Real interest rate of India rocketed by 695.51% from 0.32 % in 2021 to 2.52 % in 2022. Since the 40.01% slump in 2020, real interest rate plummeted by 39.04% in 2022. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.

India GDP: Deflator: Exports of Goods and Services data was reported at 1.737 Index, 2012 in 2026. This records an increase from the previous number of 1.705 Index, 2012 for 2025. India GDP: Deflator: Exports of Goods and Services data is updated yearly, averaging 0.999 Index, 2012 from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 1.737 Index, 2012 in 2026 and a record low of 0.463 Index, 2012 in 1996. India GDP: Deflator: 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: Deflator: Forecast: Non OECD Member: Annual.

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

India IN: GDP: Deflator: Exports of Goods and Services data was reported at 1.688 Index, 2011-12 in 2025. This records an increase from the previous number of 1.656 Index, 2011-12 for 2024. India IN: GDP: Deflator: Exports of Goods and Services data is updated yearly, averaging 0.963 Index, 2011-12 from Dec 1996 (Median) to 2025, with 30 observations. The data reached an all-time high of 1.688 Index, 2011-12 in 2025 and a record low of 0.463 Index, 2011-12 in 1996. India IN: GDP: Deflator: 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: Deflator: Forecast: Non OECD Member: Annual. PXGS - Exports of goods and services, deflator (national accounts basis)Index, national reference year

3,2 (%) в 2024. Инфляция, измеряемая ежегодным ростом неявного дефлятора ВВП, показывает скорость изменения цен в экономике в целом. Неявный дефлятор ВВП – это отношение ВВП в текущих местных ценах к ВВП в постоянных местных ценах.