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.

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.

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 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.

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 latest data from show economic growth of 7.38 percent, which is an increase from the rate of growth of 6.37 percent in the previous quarter and
a decrease compared to the growth rate of 8.35 percent in the same quarter last year. The economic growth time series for India cover the period...

India IN: GDP: Growth data was reported at 10.262 % in 2026. This records a decrease from the previous number of 10.474 % for 2025. India IN: GDP: Growth data is updated yearly, averaging 12.476 % from Dec 1961 (Median) to 2026, with 66 observations. The data reached an all-time high of 22.126 % in 1974 and a record low of -1.241 % in 2020. India IN: GDP: Growth 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. GDP_ANNPCT - Gross domestic product, nominal value, growthExpenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

The Gross Domestic Product (GDP) in India expanded 2 percent in the first 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.

India GDP: 21 years of historical data from 2004 to 2025.

Consumption as percent of GDP in India, March, 2025 The most recent value is 58.28 percent as of Q1 2025, a decline compared to the previous value of 65.09 percent. Historically, the average for India from Q2 2004 to Q1 2025 is 58.46 percent. The minimum of 51.69 percent was recorded in Q1 2011, while the maximum of 65.09 percent was reached in Q4 2024. | TheGlobalEconomy.com

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.

GDP, billion currency units in India, March, 2025 The most recent value is 88175.34 billion Indian Rupee as of Q1 2025, an increase compared to the previous value of 85023.72 billion Indian Rupee. Historically, the average for India from Q2 2004 to Q1 2025 is 35329.3 billion Indian Rupee. The minimum of 7240.4 billion Indian Rupee was recorded in Q2 2004, while the maximum of 88175.34 billion Indian Rupee was reached in Q1 2025. | TheGlobalEconomy.com

GDP (current US$) in India was reported at 3912686168582 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government data was reported at 5.366 % in 2026. This records a decrease from the previous number of 5.995 % for 2025. India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government data is updated yearly, averaging 5.681 % from Dec 1997 (Median) to 2026, with 30 observations. The data reached an all-time high of 14.190 % in 2009 and a record low of -0.770 % in 2020. India IN: GDP: Growth: Volume: Final Consumption Expenditure: Government 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. CGV_ANNPCT - Government final consumption expenditure, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.; Data before Fiscal Year 2004 are OECD estimates based on previous vintages.

Key information about India Market Capitalization: % of GDP

• India Market Capitalization accounted for 133.5 % of its Nominal GDP in Dec 2024, compared with a percentage of 120.9 % in the previous year
• India Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1993 to Dec 2024
• The data reached an all-time high of 146.4 % in Dec 2007 and a record low of 23.0 % in Dec 2001

CEIC calculates annual Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. BSE Limited provides Market Capitalization in local currency. The Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency. Nominal GDP is reported in annual frequency, ending in March of each year.


Further information about India Market Capitalization: % of GDP

• In the latest reports, SENSEX recorded a daily P/E ratio of 20.6 in Mar 2025
• Sensitive 30 (Sensex) closed at 73,198.1 points in Feb 2025

Investment as percent of GDP in India, March, 2025 The most recent value is 30.96 percent as of Q1 2025, an increase compared to the previous value of 27.44 percent. Historically, the average for India from Q2 2004 to Q1 2025 is 31.51 percent. The minimum of 21.57 percent was recorded in Q2 2020, while the maximum of 38.14 percent was reached in Q3 2008. | TheGlobalEconomy.com

India IN: Gross Domestic Product (GDP) data was reported at 396,432.674 INR bn in 2026. This records an increase from the previous number of 359,537.225 INR bn for 2025. India IN: Gross Domestic Product (GDP) data is updated yearly, averaging 8,734.177 INR bn from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 396,432.674 INR bn in 2026 and a record low of 183.374 INR bn in 1960. India IN: Gross Domestic Product (GDP) 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: Forecast: Non OECD Member: Annual. GDP-Gross domestic product, value, market prices Expenditure approach; Data before Fiscal Year 2004 are OECD estimates based on previous vintages.

In fiscal year 2025, the export value of goods and services as a part of the GDP in India was estimated to be around ** trillion Indian rupees. This was an increase from the previous year's export value.

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 internationalIn 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.

India IN: Potential(GDP) Gross Domestic ProductGrowth: Volume data was reported at 5.360 % in 2026. This records a decrease from the previous number of 5.623 % for 2025. India IN: Potential(GDP) Gross Domestic ProductGrowth: Volume data is updated yearly, averaging 6.581 % from Dec 1998 (Median) to 2026, with 29 observations. The data reached an all-time high of 7.572 % in 1999 and a record low of 5.360 % in 2026. India IN: Potential(GDP) Gross Domestic ProductGrowth: Volume 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: Potential Output and Output Gap: Forecast: Non OECD Member: Annual. GDPVTR_ANNPCT - Potential output, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.