GDP of India
Source | Economic Survey (2022-23) |
Ministry of Statistics and Programme Implementation | |
World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant) | |
IMF World Economic Outlook (October 2024) | |
Date | 06 Mar 2025 |
According to the IMF World Economic Outlook (October 2024), India's nominal GDP in 2025 is projected at $4,272 billion at current prices. India is the 5th largest economy globally. India attained the highest 5th rank in 2021 and the lowest 17th in 1991. India contributes 3.70% of the entire world's GDP. India's share of the world economy increased from 1.08 percent in 1993 to the current estimate of 3.70 percent in 2025.
India is in 3rd position after China and Japan among Asian countries. India shares around 10.0% of the total of Asia's GDP (nominal).
Based on PPP, India's economy in 2025 is projected at 17,365 billion international dollars, 3rd highest in the world, behind the United States and China. India contributes 8.49% of the entire world's GDP (PPP). India shares almost 17.4 percent of the total of Asia's GDP (PPP). The gross domestic product (GDP) of India at purchasing power parity (PPP) is 4.07 times the GDP at nominal.
The Indian economy crossed the $1 billion mark in 2007, the $2 billion mark in 2014, and the $3 billion mark in 2021 in nominal terms. Estimates by the World Bank are available since 1960, when the country's GDP was 37 million USD.
Real GDP, or Gross Domestic Product (GDP), at constant (2011-12) prices in the year 2024-25 is estimated at ₹ 187.95 lakh crore, as against the First Revised Estimate of GDP for 2023-24 of ₹ 176.51 lakh crore. The growth in GDP during 2023-24 is estimated at 6.48 percent. Nominal GDP, or GDP at current prices, in the year 2024-25 is estimated to attain a level of ₹ 295.36 lakh crore against the first revised estimates of ₹ 331.03.50 lakh crore in 2023-24, showing a change of 9.89 percent.
At constant prices, GVA (Gross Value Added), GNI (Gross National Income), and NNI (Net National Income) of India are estimated at ₹ 171.80 lakh crore, ₹ 185.21 lakh crore, and ₹ 161.50 lakh crore, respectively. At current prices, these figures are ₹ 300.15 lakh crore, ₹ 326.25.04 lakh crore, and ₹ 289.46 lakh crore.
The GDP of India has expanded by 37.83 times since 1950-51 and 1.79 times in the last ten years.
- Nominal
- PPP
Year | GDP (billions of $/Int. $) | |
---|---|---|
Nominal | PPP | |
2023 | 3,567.55 | 14,619.78 |
2024 | 3,889.13 | 16,019.97 |
2025 | 4,271.92 | 17,364.81 |
2026 | 4,710.37 | 18,831.45 |
2027 | 5,193.51 | 20,420.11 |
2028 | 5,723.29 | 22,143.71 |
2029 | 6,307.19 | 24,015.14 |
Year | GDP Nominal (billions of $) | GDP PPP (billions Int. $) | Share (%) to World | Rank/Total | ||||
---|---|---|---|---|---|---|---|---|
Current | Constant (2015) | Current | Constant (2021) | Nominal | PPP | Nominal | PPP | |
1960 | 37.03 | 136.37 | - | - | 2.71 | - | 9/104 | - |
1961 | 39.23 | 141.45 | - | - | 2.73 | - | 9/106 | - |
1962 | 42.16 | 145.59 | - | - | 2.73 | - | 9/108 | - |
1963 | 48.42 | 154.32 | - | - | 2.91 | - | 8/108 | - |
1964 | 56.48 | 165.82 | - | - | 3.09 | - | 8/108 | - |
1965 | 59.56 | 161.45 | - | - | 2.99 | - | 8/116 | - |
1966 | 45.58 | 161.36 | - | - | 2.12 | - | 9/117 | - |
1967 | 50.13 | 173.99 | - | - | 2.19 | - | 9/120 | - |
1968 | 53.09 | 179.88 | - | - | 2.14 | - | 9/121 | - |
1969 | 58.45 | 191.65 | - | - | 2.14 | - | 9/121 | - |
1970 | 62.42 | 201.53 | - | - | 2.08 | - | 9/141 | - |
1971 | 67.35 | 204.84 | - | - | 2.03 | - | 9/142 | - |
1972 | 71.46 | 203.71 | - | - | 1.86 | - | 9/142 | - |
1973 | 85.52 | 210.42 | - | - | 1.83 | - | 9/142 | - |
1974 | 99.53 | 212.91 | - | - | 1.86 | - | 9/142 | - |
1975 | 98.47 | 232.40 | - | - | 1.64 | - | 11/145 | - |
1976 | 102.72 | 236.26 | - | - | 1.58 | - | 12/145 | - |
1977 | 121.49 | 253.40 | - | - | 1.65 | - | 11/148 | - |
1978 | 137.30 | 267.88 | - | - | 1.58 | - | 11/147 | - |
1979 | 153.00 | 253.84 | - | - | 1.51 | - | 11/148 | - |
1980 | 186.33 | 270.94 | - | - | 1.63 | - | 12/155 | - |
1981 | 193.49 | 287.22 | - | - | 1.64 | - | 11/156 | - |
1982 | 200.72 | 297.20 | - | - | 1.72 | - | 9/158 | - |
1983 | 218.26 | 318.86 | - | - | 1.82 | - | 9/159 | - |
1984 | 212.16 | 331.04 | - | - | 1.70 | - | 9/161 | - |
1985 | 232.51 | 348.44 | - | - | 1.79 | - | 9/163 | - |
1986 | 248.99 | 365.08 | - | - | 1.62 | - | 10/163 | - |
1987 | 279.03 | 379.56 | - | - | 1.60 | - | 9/169 | - |
1988 | 296.59 | 416.10 | - | - | 1.52 | - | 11/172 | - |
1989 | 296.04 | 440.85 | - | - | 1.46 | - | 13/173 | - |
1990 | 320.98 | 465.24 | 1,048.33 | 1,905.66 | 1.41 | 3.54 | 12/188 | 7/186 |
1991 | 270.11 | 470.16 | 1,095.24 | 1,925.80 | 1.13 | 3.52 | 17/188 | 7/187 |
1992 | 288.21 | 495.94 | 1,181.61 | 2,031.38 | 1.13 | 3.63 | 16/191 | 5/188 |
1993 | 279.30 | 519.50 | 1,267.08 | 2,127.89 | 1.08 | 3.74 | 16/195 | 5/188 |
1994 | 327.28 | 554.09 | 1,380.31 | 2,269.58 | 1.17 | 3.86 | 15/196 | 5/189 |
1995 | 360.28 | 596.06 | 1,516.00 | 2,441.49 | 1.16 | 4.02 | 16/199 | 5/190 |
1996 | 392.90 | 641.06 | 1,660.30 | 2,625.81 | 1.23 | 4.15 | 15/199 | 5/190 |
1997 | 415.87 | 667.02 | 1,757.33 | 2,732.15 | 1.31 | 4.16 | 15/199 | 5/192 |
1998 | 421.35 | 708.27 | 1,886.98 | 2,901.12 | 1.33 | 4.32 | 13/201 | 5/192 |
1999 | 458.82 | 770.92 | 2,082.96 | 3,157.75 | 1.40 | 4.54 | 13/202 | 5/192 |
2000 | 468.40 | 800.53 | 2,211.97 | 3,279.03 | 1.38 | 4.49 | 13/203 | 5/194 |
2001 | 485.44 | 839.15 | 2,370.88 | 3,437.21 | 1.44 | 4.59 | 13/204 | 4/194 |
2002 | 514.94 | 871.07 | 2,499.31 | 3,567.96 | 1.47 | 4.62 | 12/208 | 4/195 |
2003 | 607.70 | 939.54 | 2,748.99 | 3,848.42 | 1.55 | 4.81 | 12/208 | 4/195 |
2004 | 709.15 | 1,013.98 | 3,046.57 | 4,153.33 | 1.61 | 4.93 | 12/208 | 4/195 |
2005 | 820.38 | 1,094.32 | 3,391.06 | 4,482.41 | 1.72 | 5.09 | 13/208 | 4/195 |
2006 | 940.26 | 1,182.53 | 3,777.41 | 4,843.73 | 1.82 | 5.18 | 14/209 | 4/196 |
2007 | 1,216.74 | 1,273.13 | 4,176.97 | 5,214.80 | 2.09 | 5.29 | 12/209 | 4/196 |
2008 | 1,198.90 | 1,312.42 | 4,388.86 | 5,375.76 | 1.87 | 5.25 | 12/210 | 4/199 |
2009 | 1,341.89 | 1,415.61 | 4,763.10 | 5,798.40 | 2.21 | 5.65 | 11/210 | 3/200 |
2010 | 1,675.62 | 1,535.90 | 5,230.66 | 6,291.12 | 2.52 | 5.82 | 9/210 | 3/200 |
2011 | 1,823.05 | 1,616.40 | 5,618.38 | 6,620.86 | 2.46 | 5.87 | 10/213 | 3/201 |
2012 | 1,827.64 | 1,704.60 | 6,162.75 | 6,982.12 | 2.42 | 6.11 | 11/211 | 3/199 |
2013 | 1,856.72 | 1,813.45 | 6,497.74 | 7,428.01 | 2.39 | 6.14 | 10/211 | 3/200 |
2014 | 2,039.13 | 1,947.83 | 6,812.81 | 7,978.44 | 2.55 | 6.19 | 10/212 | 3/199 |
2015 | 2,103.59 | 2,103.59 | 7,204.58 | 8,616.42 | 2.79 | 6.40 | 7/210 | 3/199 |
2016 | 2,294.80 | 2,277.27 | 7,795.52 | 9,327.81 | 3.00 | 6.65 | 7/210 | 3/198 |
2017 | 2,651.47 | 2,432.02 | 8,354.71 | 9,961.68 | 3.25 | 6.75 | 6/210 | 3/199 |
2018 | 2,702.93 | 2,588.97 | 9,230.79 | 10,604.60 | 3.12 | 7.01 | 7/210 | 3/199 |
2019 | 2,835.61 | 2,689.21 | 9,932.85 | 11,015.10 | 3.22 | 7.12 | 6/210 | 3/199 |
2020 | 2,674.85 | 2,533.83 | 9,771.02 | 10,378.70 | 3.13 | 7.03 | 6/209 | 3/198 |
2021 | 3,167.27 | 2,779.35 | 11,384.40 | 11,384.40 | 3.25 | 7.32 | 5/208 | 3/198 |
2022 | 3,353.47 | 2,973.54 | 13,037.40 | 12,179.80 | 3.31 | 7.57 | 5/202 | 3/194 |
2023 | 3,549.92 | 3,199.06 | 14,537.40 | 13,103.50 | 3.37 | 7.87 | 5/186 | 3/184 |
Year | At 2011-12 prices (crore INR) | At current prices (crore INR) | ||||||
---|---|---|---|---|---|---|---|---|
GDP | GVA | GNI | NNI | GDP | GVA | GNI | NNI | |
1950-51 | 496,848 | 479,210 | 495,274 | 448,483 | 10,222 | 9,809 | 10,181 | 9,531 |
1951-52 | 511,489 | 490,399 | 510,505 | 465,486 | 10,863 | 10,356 | 10,828 | 10,136 |
1952-53 | 524,919 | 504,315 | 524,122 | 480,731 | 10,663 | 10,213 | 10,638 | 9,949 |
1953-54 | 557,203 | 535,010 | 556,545 | 514,489 | 11,607 | 11,121 | 11,588 | 10,941 |
1954-55 | 584,011 | 557,724 | 583,005 | 548,393 | 10,977 | 10,447 | 10,948 | 10,382 |
1955-56 | 602,911 | 572,009 | 602,537 | 567,499 | 11,175 | 10,615 | 11,165 | 10,560 |
1956-57 | 636,544 | 604,570 | 635,962 | 599,736 | 13,314 | 12,672 | 13,297 | 12,647 |
1957-58 | 633,927 | 597,260 | 633,039 | 595,941 | 13,710 | 12,955 | 13,690 | 12,968 |
1958-59 | 680,776 | 642,587 | 679,555 | 640,433 | 15,283 | 14,492 | 15,248 | 14,462 |
1959-60 | 698,644 | 656,648 | 696,488 | 656,423 | 16,102 | 15,222 | 16,045 | 15,212 |
1960-61 | 737,044 | 703,138 | 734,466 | 694,569 | 17,633 | 16,664 | 17,561 | 16,680 |
1961-62 | 764,482 | 724,957 | 761,038 | 719,592 | 18,682 | 17,585 | 18,584 | 17,608 |
1962-63 | 786,890 | 740,293 | 782,931 | 739,509 | 20,077 | 18,803 | 19,969 | 18,917 |
1963-64 | 834,059 | 777,773 | 830,072 | 784,625 | 23,058 | 21,489 | 22,946 | 21,777 |
1964-65 | 896,221 | 836,759 | 891,111 | 842,755 | 26,895 | 25,105 | 26,750 | 25,423 |
1965-66 | 872,598 | 806,176 | 867,165 | 816,540 | 28,360 | 26,287 | 28,196 | 26,714 |
1966-67 | 872,116 | 814,380 | 866,818 | 812,952 | 32,106 | 29,921 | 31,876 | 30,145 |
1967-68 | 940,367 | 880,654 | 933,850 | 876,628 | 37,601 | 35,162 | 37,343 | 35,367 |
1968-69 | 972,226 | 903,636 | 966,014 | 905,884 | 39,814 | 37,081 | 39,559 | 37,441 |
1969-70 | 1,035,807 | 962,522 | 1,029,151 | 965,200 | 43,836 | 40,779 | 43,565 | 41,125 |
1970-71 | 1,089,226 | 1,010,777 | 1,082,340 | 1,011,757 | 46,817 | 43,379 | 46,533 | 43,598 |
1971-72 | 1,107,121 | 1,020,982 | 1,100,363 | 1,026,822 | 50,120 | 46,153 | 49,829 | 46,611 |
1972-73 | 1,100,995 | 1,017,730 | 1,094,795 | 1,018,453 | 55,245 | 50,769 | 54,943 | 51,353 |
1973-74 | 1,137,279 | 1,064,051 | 1,131,633 | 1,052,122 | 67,241 | 62,219 | 66,916 | 62,592 |
1974-75 | 1,150,759 | 1,076,403 | 1,146,339 | 1,062,259 | 79,378 | 73,236 | 79,087 | 73,533 |
1975-76 | 1,256,053 | 1,173,327 | 1,252,240 | 1,164,066 | 85,212 | 77,783 | 84,957 | 78,414 |
1976-77 | 1,276,942 | 1,187,992 | 1,273,436 | 1,179,925 | 91,812 | 83,611 | 91,579 | 84,489 |
1977-78 | 1,369,581 | 1,276,734 | 1,366,655 | 1,269,352 | 104,024 | 95,426 | 103,791 | 96,177 |
1978-79 | 1,447,819 | 1,346,987 | 1,445,029 | 1,343,841 | 112,671 | 102,558 | 112,515 | 104,071 |
1979-80 | 1,371,980 | 1,276,924 | 1,371,460 | 1,265,522 | 123,562 | 111,912 | 123,715 | 113,397 |
1980-81 | 1,464,394 | 1,368,481 | 1,464,390 | 1,352,931 | 147,063 | 133,745 | 147,408 | 135,470 |
1981-82 | 1,552,348 | 1,445,465 | 1,550,504 | 1,433,659 | 172,776 | 156,592 | 172,816 | 158,235 |
1982-83 | 1,606,304 | 1,487,737 | 1,599,940 | 1,476,733 | 193,255 | 174,939 | 192,621 | 175,717 |
1983-84 | 1,723,386 | 1,604,580 | 1,716,327 | 1,587,882 | 225,074 | 204,624 | 224,130 | 205,347 |
1984-85 | 1,789,232 | 1,668,141 | 1,779,406 | 1,642,628 | 252,188 | 229,798 | 250,764 | 228,840 |
1985-86 | 1,883,243 | 1,737,565 | 1,873,425 | 1,728,209 | 284,534 | 256,779 | 283,105 | 256,851 |
1986-87 | 1,973,197 | 1,812,537 | 1,962,251 | 1,808,778 | 318,366 | 286,303 | 316,561 | 286,935 |
1987-88 | 2,051,442 | 1,876,600 | 2,036,744 | 1,872,727 | 361,865 | 324,562 | 359,246 | 324,539 |
1988-89 | 2,248,950 | 2,067,262 | 2,227,956 | 2,055,937 | 429,363 | 387,337 | 424,867 | 384,410 |
1989-90 | 2,382,703 | 2,194,056 | 2,360,178 | 2,178,379 | 493,278 | 446,221 | 487,547 | 440,563 |
1990-91 | 2,514,549 | 2,310,015 | 2,486,353 | 2,292,078 | 576,109 | 519,792 | 568,564 | 513,966 |
1991-92 | 2,541,123 | 2,343,059 | 2,511,622 | 2,303,954 | 662,260 | 599,659 | 652,183 | 585,053 |
1992-93 | 2,680,438 | 2,468,738 | 2,650,632 | 2,431,154 | 761,196 | 687,816 | 749,551 | 672,722 |
1993-94 | 2,807,779 | 2,608,995 | 2,780,663 | 2,551,800 | 875,992 | 799,472 | 863,912 | 777,894 |
1994-95 | 2,994,747 | 2,775,834 | 2,967,254 | 2,723,964 | 1,027,570 | 933,790 | 1,014,487 | 914,377 |
1995-96 | 3,221,584 | 2,978,143 | 3,192,013 | 2,934,298 | 1,205,583 | 1,093,302 | 1,192,099 | 1,075,501 |
1996-97 | 3,464,798 | 3,215,638 | 3,436,436 | 3,163,037 | 1,394,816 | 1,272,362 | 1,381,734 | 1,247,350 |
1997-98 | 3,605,116 | 3,353,964 | 3,581,984 | 3,287,915 | 1,545,294 | 1,414,891 | 1,532,089 | 1,379,581 |
1998-99 | 3,828,072 | 3,578,123 | 3,803,495 | 3,489,318 | 1,772,297 | 1,631,019 | 1,757,329 | 1,587,676 |
1999-00 | 4,166,694 | 3,864,524 | 4,139,292 | 3,800,560 | 1,988,262 | 1,816,202 | 1,972,831 | 1,779,304 |
2000-01 | 4,326,736 | 4,024,831 | 4,286,910 | 3,924,698 | 2,139,886 | 1,955,518 | 2,117,153 | 1,902,148 |
2001-02 | 4,535,456 | 4,241,595 | 4,499,695 | 4,112,858 | 2,315,243 | 2,126,091 | 2,295,175 | 2,057,006 |
2002-03 | 4,707,984 | 4,406,074 | 4,676,257 | 4,268,230 | 2,492,614 | 2,290,883 | 2,475,924 | 2,219,107 |
2003-04 | 5,078,049 | 4,757,084 | 5,043,422 | 4,609,081 | 2,792,530 | 2,566,465 | 2,771,822 | 2,487,363 |
2004-05 | 5,480,380 | 5,092,503 | 5,442,938 | 4,967,090 | 3,186,332 | 2,904,298 | 3,163,957 | 2,829,998 |
2005-06 | 5,914,614 | 5,514,228 | 5,872,936 | 5,351,624 | 3,632,125 | 3,326,914 | 3,606,009 | 3,226,040 |
2006-07 | 6,391,375 | 5,958,367 | 6,342,389 | 5,770,565 | 4,254,629 | 3,904,894 | 4,221,395 | 3,783,068 |
2007-08 | 6,881,007 | 6,398,296 | 6,852,740 | 6,219,065 | 4,898,662 | 4,490,188 | 4,878,150 | 4,369,214 |
2008-09 | 7,093,403 | 6,674,215 | 7,052,191 | 6,358,644 | 5,514,152 | 5,172,837 | 5,481,229 | 4,887,836 |
2009-10 | 7,651,078 | 7,131,837 | 7,606,319 | 6,837,719 | 6,366,407 | 5,974,906 | 6,328,407 | 5,638,126 |
2010-11 | 8,301,235 | 7,704,514 | 8,211,816 | 7,373,384 | 7,634,472 | 7,083,670 | 7,552,665 | 6,756,720 |
2011-12 | 8,736,329 | 8,106,946 | 8,659,505 | 7,742,330 | 8,736,329 | 8,106,946 | 8,659,505 | 7,742,330 |
2012-13 | 9,213,017 | 8,546,275 | 9,104,662 | 8,094,001 | 9,944,013 | 9,202,692 | 9,827,250 | 8,766,345 |
2013-14 | 9,801,370 | 9,063,649 | 9,679,027 | 8,578,417 | 11,233,522 | 10,363,153 | 11,093,638 | 9,897,663 |
2014-15 | 10,527,674 | 9,712,133 | 10,402,987 | 9,224,343 | 12,467,959 | 11,504,279 | 12,320,529 | 10,978,238 |
2015-16 | 11,369,493 | 10,491,870 | 11,234,571 | 9,963,681 | 13,771,874 | 12,574,499 | 13,612,095 | 12,162,398 |
2016-17 | 12,308,193 | 11,328,285 | 12,163,619 | 10,782,092 | 15,391,669 | 13,965,200 | 15,215,268 | 13,623,936 |
2017-18 | 13,144,582 | 12,034,171 | 12,998,695 | 11,508,774 | 17,090,042 | 15,505,665 | 16,905,230 | 15,140,418 |
2018-19 | 13,992,914 | 12,733,798 | 13,840,474 | 12,226,019 | 18,899,668 | 17,175,128 | 18,697,344 | 16,713,054 |
2019-20 | 14,534,641 | 13,236,100 | 14,392,900 | 12,661,722 | 20,103,593 | 18,381,117 | 19,910,479 | 17,746,868 |
2020-21 | 13,694,869 | 12,687,345 | 13,493,976 | 11,661,217 | 19,854,096 | 18,210,997 | 19,587,409 | 17,246,821 |
2021-22 | 15,021,846 | 13,876,840 | 14,827,920 | 12,872,132 | 23,597,399 | 21,635,584 | 23,319,590 | 20,652,786 |
2022-23 | 16,164,913 | 14,878,028 | 15,939,376 | 13,851,412 | 26,890,473 | 24,646,698 | 26,520,166 | 23,390,925 |
2023-24 | 17,650,591 | 16,151,477 | 17,404,638 | 15,175,671 | 30,122,956 | 27,412,888 | 29,710,786 | 26,350,374 |
2024-25 | 18,795,095 | 17,179,842 | 18,521,328 | 16,150,443 | 33,103,215 | 30,014,893 | 32,624,918 | 28,945,539 |