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.

From the Summer of 2007 until the end of 2009 (at least), the world was gripped by a series of economic crises commonly known as the Global Financial Crisis (2007-2008) and the Great Recession (2008-2009). The financial crisis was triggered by the collapse of the U.S. housing market, which caused panic on Wall Street, the center of global finance in New York. Due to the outsized nature of the U.S. economy compared to other countries and particularly the centrality of U.S. finance for the world economy, the crisis spread quickly to other countries, affecting most regions across the globe. By 2009, global GDP growth was in negative territory, with international credit markets frozen, international trade contracting, and tens of millions of workers being made unemployed.

Global similarities, global differences

Since the 1980s, the world economy had entered a period of integration and globalization. This process particularly accelerated after the collapse of the Soviet Union ended the Cold War (1947-1991). This was the period of the 'Washington Consensus', whereby the U.S. and international institutions such as the World Bank and IMF promoted policies of economic liberalization across the globe. This increasing interdependence and openness to the global economy meant that when the crisis hit in 2007, many countries experienced the same issues. This is particularly evident in the synchronization of the recessions in the most advanced economies of the G7. Nevertheless, the aggregate global GDP number masks the important regional differences which occurred during the recession. While the more advanced economies of North America, Western Europe, and Japan were all hit hard, along with countries who are reliant on them for trade or finance, large emerging economies such as India and China bucked this trend. In particular, China's huge fiscal stimulus in 2008-2009 likely did much to prevent the global economy from sliding further into a depression. In 2009, while the United States' GDP sank to -2.6 percent, China's GDP, as reported by national authorities, was almost 10 percent.

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.

Scientific evidence has documented that we are undergoing a mass extinction of species, caused by human activity. However, allocating conservation resources is difficult due to scarce evidence on damages from losing individual species. This paper studies the collapse of vultures in India, triggered by the expiry of a patent on a painkiller. Our results suggest the functional extinction of vultures—efficient scavengers who removed carcasses from the environment—increased human mortality by over 4% because of a large negative shock to sanitation. We quantify damages at $69.4 billion per year. These results suggest high returns to conserving keystone species such as vultures.

The Global Financial Crisis (2007-2008), which began due to the collapse of the U.S. housing market, had a negative effect in many regions across the globe. The global recession which followed the crisis in 2008 and 2009 showed how interdependent and synchronized many of the world's economies had become, with the largest advanced economies showing very similar patterns of negative GDP growth during the crisis. Among the largest emerging economies (commonly referred to as the 'E7'), however, a different pattern emerged, with some countries avoiding a recession altogether. Some commentators have particularly pointed to 2008-2009 as the moment in which China emerged on the world stage as an economic superpower and a key driver of global economic growth. The Great Recession in the developing world While some countries, such as Russia, Mexico, and Turkey, experienced severe recessions due to their connections to the United States and Europe, others such as China, India, and Indonesia managed to record significant economic growth during the period. This can be partly explained by the decoupling from western financial systems which these countries undertook following the Asian financial crises of 1997, making many Asian nations more wary of opening their countries to 'hot money' from other countries. Other likely explanations of this trend are that these countries have large domestic economies which are not entirely reliant on the advanced economies, that their export sectors produce goods which are inelastic (meaning they are still bought during recessions), and that the Chinese economic stimulus worth almost 600 billion U.S. dollars in 2008/2009 increased growth in the region.

The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third 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.

Agriculture has been a major occupation of the Indian people since ancient times. Today 65% of the population is dependent on agriculture in various ways. The backbone of agriculture, once considered the backbone of the Indian economy, is crumbling today. The main reason for this is the neglect of agriculture by the government system and the newly started process of globalization. The rural economy that has survived is now on the brink of collapse due to the globalization process in agriculture, which is the only component of agriculture.By signing the WTO Agreement on January 1, 1995, India incorporated the agricultural sector into the process of globalization. In this regard, a secret agreement was reached between India and the United States on December 16, 1999, and India had to lift the numerical restrictions on its protected 715 agricultural commodities. The concept of globalization has been realized through the GATT Agreement, the Dunkel Proposal, the World Trade Organization, the International Monetary Fund, and the World Bank.

Key information about India Market Capitalization: % of GDP

• India Market Capitalization accounted for 133.6 % 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

• In the latest reports, SENSEX recorded a daily P/E ratio of 23.4 in Nov 2025
• Sensitive 30 (Sensex) closed at 85,706.7 points in Nov 2025

Air Crash: Number of Cases: All India data was reported at 5.000 Unit in 2015. This stayed constant from the previous number of 5.000 Unit for 2014. Air Crash: Number of Cases: All India data is updated yearly, averaging 6.500 Unit from Dec 2008 (Median) to 2015, with 8 observations. The data reached an all-time high of 14.000 Unit in 2010 and a record low of 4.000 Unit in 2012. Air Crash: Number of Cases: All India data remains active status in CEIC and is reported by National Crime Records Bureau. The data is categorized under India Premium Database’s Transportation, Post and Telecom Sector – Table IN.TA040: Aviation Statistics: Air Crash: Number of Cases.

Exports in India decreased to 34.38 USD Billion in October from 36.38 USD Billion in September of 2025. This dataset provides the latest reported value for - India Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in India decreased 1.21 percent in October of 2025 over the same month in the previous year. This dataset provides the latest reported value for - India Wholesale Price Index Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Air Crash: Number of Cases: Uttar Pradesh data was reported at 0.000 Unit in 2022. This stayed constant from the previous number of 0.000 Unit for 2021. Air Crash: Number of Cases: Uttar Pradesh data is updated yearly, averaging 0.000 Unit from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3.000 Unit in 2014 and a record low of 0.000 Unit in 2022. Air Crash: Number of Cases: Uttar Pradesh data remains active status in CEIC and is reported by National Crime Records Bureau. The data is categorized under India Premium Database’s Transportation, Post and Telecom Sector – Table IN.TA054: Aviation Statistics: Air Crash: Number of Cases.

The USD/INR exchange rate rose to 90.0340 on December 2, 2025, up 0.47% from the previous session. Over the past month, the Indian Rupee has weakened 1.48%, and is down by 6.32% over the last 12 months. Indian Rupee - values, historical data, forecasts and news - updated on December of 2025.

Air Crash: Number of Persons Injured: All India data was reported at 2.000 Person in 2015. This records an increase from the previous number of 0.000 Person for 2014. Air Crash: Number of Persons Injured: All India data is updated yearly, averaging 0.500 Person from Dec 2008 (Median) to 2015, with 8 observations. The data reached an all-time high of 9.000 Person in 2013 and a record low of 0.000 Person in 2014. Air Crash: Number of Persons Injured: All India data remains active status in CEIC and is reported by National Crime Records Bureau. The data is categorized under India Premium Database’s Transportation, Post and Telecom Sector – Table IN.TA041: Aviation Statistics: Air Crash: Number of Persons Injured.

Air Crash: Number of Persons Killed: Male: All India data was reported at 18.000 Person in 2015. This records an increase from the previous number of 15.000 Person for 2014. Air Crash: Number of Persons Killed: Male: All India data is updated yearly, averaging 15.500 Person from Dec 2008 (Median) to 2015, with 8 observations. The data reached an all-time high of 37.000 Person in 2013 and a record low of 12.000 Person in 2012. Air Crash: Number of Persons Killed: Male: All India data remains active status in CEIC and is reported by National Crime Records Bureau. The data is categorized under India Premium Database’s Transportation, Post and Telecom Sector – Table IN.TA042: Aviation Statistics: Air Crash: Number of Persons Killed.

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.

The best model was chosen by using the Bayesian Information Critera (BIC). R t+1 = Realized per capita growth rates, X t+1 = ln population size, Rain t = Mean tree-rings data during the 10-year interval, GDP t = per capita Gross Domestic Product, ΔBIC = model BIC–lowest BIC, wi = BIC weigths, r2 = proportion of the variance explained by the model, r predictions = Pearson’s correlation coefficient between the observed and predicted dynamics.

The statistic shows the inflation rate in India from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2024, the inflation rate in India was around 4.67 percent compared to the previous year. See figures on India's economic growth for additional information. India's inflation rate and economy Inflation is generally defined as the increase of prices of goods and services over a certain period of time, as opposed to deflation, which describes a decrease of these prices. Inflation is a significant economic indicator for a country. The inflation rate is the rate at which the general rise in the level of prices, goods and services in an economy occurs and how it affects the cost of living of those living in a particular country. It influences the interest rates paid on savings and mortgage rates but also has a bearing on levels of state pensions and benefits received. A 4 percent increase in the rate of inflation in 2011 for example would mean an individual would need to spend 4 percent more on the goods he was purchasing than he would have done in 2010. India’s inflation rate has been on the rise over the last decade. However, it has been decreasing slightly since 2010. India’s economy, however, has been doing quite well, with its GDP increasing steadily for years, and its national debt decreasing. The budget balance in relation to GDP is not looking too good, with the state deficit amounting to more than 9 percent of GDP.

For most of the past two decades, China had the highest GDP growth of any of the BRICS countries, although it was overtaken by India in the mid-2010s, and India is predicted to have the highest growth in the 2020s. All five countries saw their GDP growth fall during the global financial crisis in 2008, and again during the coronavirus pandemic in 2020; China was the only economy that continued to grow during both crises, although India's economy also grew during the Great Recession. In 2014, Brazil experienced its own recession due to a combination of economic and political instability, while Russia also went into recession due to the drop in oil prices and the economic sanctions imposed following its annexation of Crimea.

The gross domestic product of the United Kingdom in 2024 was around 2.78 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.75 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.