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World India

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)
Date06 Mar 2025
Top Statistics
IPL 2025
West Bengal Assembly election results
Top 10 largest economies by GDP
  • See Also:
  • » GDP per capita of India
  • » GDP Growth of India
  • » Quarterly GDP of India
  • » Sector-wise GDP of India
  • View More Economy Statistics

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
Projections by IMF
Year GDP (billions of $/Int. $)
NominalPPP
20233,567.5514,619.78
20243,889.1316,019.97
20254,271.9217,364.81
20264,710.3718,831.45
20275,193.5120,420.11
20285,723.2922,143.71
20296,307.1924,015.14
Estimates by World Bank
Year GDP Nominal (billions of $) GDP PPP (billions Int. $) Share (%) to World Rank/Total
CurrentConstant (2015) CurrentConstant (2021)NominalPPPNominalPPP
196037.03136.37--2.71-9/104-
196139.23141.45--2.73-9/106-
196242.16145.59--2.73-9/108-
196348.42154.32--2.91-8/108-
196456.48165.82--3.09-8/108-
196559.56161.45--2.99-8/116-
196645.58161.36--2.12-9/117-
196750.13173.99--2.19-9/120-
196853.09179.88--2.14-9/121-
196958.45191.65--2.14-9/121-
197062.42201.53--2.08-9/141-
197167.35204.84--2.03-9/142-
197271.46203.71--1.86-9/142-
197385.52210.42--1.83-9/142-
197499.53212.91--1.86-9/142-
197598.47232.40--1.64-11/145-
1976102.72236.26--1.58-12/145-
1977121.49253.40--1.65-11/148-
1978137.30267.88--1.58-11/147-
1979153.00253.84--1.51-11/148-
1980186.33270.94--1.63-12/155-
1981193.49287.22--1.64-11/156-
1982200.72297.20--1.72-9/158-
1983218.26318.86--1.82-9/159-
1984212.16331.04--1.70-9/161-
1985232.51348.44--1.79-9/163-
1986248.99365.08--1.62-10/163-
1987279.03379.56--1.60-9/169-
1988296.59416.10--1.52-11/172-
1989296.04440.85--1.46-13/173-
1990320.98465.241,048.331,905.661.413.5412/1887/186
1991270.11470.161,095.241,925.801.133.5217/1887/187
1992288.21495.941,181.612,031.381.133.6316/1915/188
1993279.30519.501,267.082,127.891.083.7416/1955/188
1994327.28554.091,380.312,269.581.173.8615/1965/189
1995360.28596.061,516.002,441.491.164.0216/1995/190
1996392.90641.061,660.302,625.811.234.1515/1995/190
1997415.87667.021,757.332,732.151.314.1615/1995/192
1998421.35708.271,886.982,901.121.334.3213/2015/192
1999458.82770.922,082.963,157.751.404.5413/2025/192
2000468.40800.532,211.973,279.031.384.4913/2035/194
2001485.44839.152,370.883,437.211.444.5913/2044/194
2002514.94871.072,499.313,567.961.474.6212/2084/195
2003607.70939.542,748.993,848.421.554.8112/2084/195
2004709.151,013.983,046.574,153.331.614.9312/2084/195
2005820.381,094.323,391.064,482.411.725.0913/2084/195
2006940.261,182.533,777.414,843.731.825.1814/2094/196
20071,216.741,273.134,176.975,214.802.095.2912/2094/196
20081,198.901,312.424,388.865,375.761.875.2512/2104/199
20091,341.891,415.614,763.105,798.402.215.6511/2103/200
20101,675.621,535.905,230.666,291.122.525.829/2103/200
20111,823.051,616.405,618.386,620.862.465.8710/2133/201
20121,827.641,704.606,162.756,982.122.426.1111/2113/199
20131,856.721,813.456,497.747,428.012.396.1410/2113/200
20142,039.131,947.836,812.817,978.442.556.1910/2123/199
20152,103.592,103.597,204.588,616.422.796.407/2103/199
20162,294.802,277.277,795.529,327.813.006.657/2103/198
20172,651.472,432.028,354.719,961.683.256.756/2103/199
20182,702.932,588.979,230.7910,604.603.127.017/2103/199
20192,835.612,689.219,932.8511,015.103.227.126/2103/199
20202,674.852,533.839,771.0210,378.703.137.036/2093/198
20213,167.272,779.3511,384.4011,384.403.257.325/2083/198
20223,353.472,973.5413,037.4012,179.803.317.575/2023/194
20233,549.923,199.0614,537.4013,103.503.377.875/1863/184
2011-12 series
Year At 2011-12 prices (crore INR) At current prices (crore INR)
GDPGVAGNINNIGDPGVA GNINNI
1950-51496,848479,210495,274448,48310,2229,80910,1819,531
1951-52511,489490,399510,505465,48610,86310,35610,82810,136
1952-53524,919504,315524,122480,73110,66310,21310,6389,949
1953-54557,203535,010556,545514,48911,60711,12111,58810,941
1954-55584,011557,724583,005548,39310,97710,44710,94810,382
1955-56602,911572,009602,537567,49911,17510,61511,16510,560
1956-57636,544604,570635,962599,73613,31412,67213,29712,647
1957-58633,927597,260633,039595,94113,71012,95513,69012,968
1958-59680,776642,587679,555640,43315,28314,49215,24814,462
1959-60698,644656,648696,488656,42316,10215,22216,04515,212
1960-61737,044703,138734,466694,56917,63316,66417,56116,680
1961-62764,482724,957761,038719,59218,68217,58518,58417,608
1962-63786,890740,293782,931739,50920,07718,80319,96918,917
1963-64834,059777,773830,072784,62523,05821,48922,94621,777
1964-65896,221836,759891,111842,75526,89525,10526,75025,423
1965-66872,598806,176867,165816,54028,36026,28728,19626,714
1966-67872,116814,380866,818812,95232,10629,92131,87630,145
1967-68940,367880,654933,850876,62837,60135,16237,34335,367
1968-69972,226903,636966,014905,88439,81437,08139,55937,441
1969-701,035,807962,5221,029,151965,20043,83640,77943,56541,125
1970-711,089,2261,010,7771,082,3401,011,75746,81743,37946,53343,598
1971-721,107,1211,020,9821,100,3631,026,82250,12046,15349,82946,611
1972-731,100,9951,017,7301,094,7951,018,45355,24550,76954,94351,353
1973-741,137,2791,064,0511,131,6331,052,12267,24162,21966,91662,592
1974-751,150,7591,076,4031,146,3391,062,25979,37873,23679,08773,533
1975-761,256,0531,173,3271,252,2401,164,06685,21277,78384,95778,414
1976-771,276,9421,187,9921,273,4361,179,92591,81283,61191,57984,489
1977-781,369,5811,276,7341,366,6551,269,352104,02495,426103,79196,177
1978-791,447,8191,346,9871,445,0291,343,841112,671102,558112,515104,071
1979-801,371,9801,276,9241,371,4601,265,522123,562111,912123,715113,397
1980-811,464,3941,368,4811,464,3901,352,931147,063133,745147,408135,470
1981-821,552,3481,445,4651,550,5041,433,659172,776156,592172,816158,235
1982-831,606,3041,487,7371,599,9401,476,733193,255174,939192,621175,717
1983-841,723,3861,604,5801,716,3271,587,882225,074204,624224,130205,347
1984-851,789,2321,668,1411,779,4061,642,628252,188229,798250,764228,840
1985-861,883,2431,737,5651,873,4251,728,209284,534256,779283,105256,851
1986-871,973,1971,812,5371,962,2511,808,778318,366286,303316,561286,935
1987-882,051,4421,876,6002,036,7441,872,727361,865324,562359,246324,539
1988-892,248,9502,067,2622,227,9562,055,937429,363387,337424,867384,410
1989-902,382,7032,194,0562,360,1782,178,379493,278446,221487,547440,563
1990-912,514,5492,310,0152,486,3532,292,078576,109519,792568,564513,966
1991-922,541,1232,343,0592,511,6222,303,954662,260599,659652,183585,053
1992-932,680,4382,468,7382,650,6322,431,154761,196687,816749,551672,722
1993-942,807,7792,608,9952,780,6632,551,800875,992799,472863,912777,894
1994-952,994,7472,775,8342,967,2542,723,9641,027,570933,7901,014,487914,377
1995-963,221,5842,978,1433,192,0132,934,2981,205,5831,093,3021,192,0991,075,501
1996-973,464,7983,215,6383,436,4363,163,0371,394,8161,272,3621,381,7341,247,350
1997-983,605,1163,353,9643,581,9843,287,9151,545,2941,414,8911,532,0891,379,581
1998-993,828,0723,578,1233,803,4953,489,3181,772,2971,631,0191,757,3291,587,676
1999-004,166,6943,864,5244,139,2923,800,5601,988,2621,816,2021,972,8311,779,304
2000-014,326,7364,024,8314,286,9103,924,6982,139,8861,955,5182,117,1531,902,148
2001-024,535,4564,241,5954,499,6954,112,8582,315,2432,126,0912,295,1752,057,006
2002-034,707,9844,406,0744,676,2574,268,2302,492,6142,290,8832,475,9242,219,107
2003-045,078,0494,757,0845,043,4224,609,0812,792,5302,566,4652,771,8222,487,363
2004-055,480,3805,092,5035,442,9384,967,0903,186,3322,904,2983,163,9572,829,998
2005-065,914,6145,514,2285,872,9365,351,6243,632,1253,326,9143,606,0093,226,040
2006-076,391,3755,958,3676,342,3895,770,5654,254,6293,904,8944,221,3953,783,068
2007-086,881,0076,398,2966,852,7406,219,0654,898,6624,490,1884,878,1504,369,214
2008-097,093,4036,674,2157,052,1916,358,6445,514,1525,172,8375,481,2294,887,836
2009-107,651,0787,131,8377,606,3196,837,7196,366,4075,974,9066,328,4075,638,126
2010-118,301,2357,704,5148,211,8167,373,3847,634,4727,083,6707,552,6656,756,720
2011-128,736,3298,106,9468,659,5057,742,3308,736,3298,106,9468,659,5057,742,330
2012-139,213,0178,546,2759,104,6628,094,0019,944,0139,202,6929,827,2508,766,345
2013-149,801,3709,063,6499,679,0278,578,41711,233,52210,363,15311,093,6389,897,663
2014-1510,527,6749,712,13310,402,9879,224,34312,467,95911,504,27912,320,52910,978,238
2015-1611,369,49310,491,87011,234,5719,963,68113,771,87412,574,49913,612,09512,162,398
2016-1712,308,19311,328,28512,163,61910,782,09215,391,66913,965,20015,215,26813,623,936
2017-1813,144,58212,034,17112,998,69511,508,77417,090,04215,505,66516,905,23015,140,418
2018-1913,992,91412,733,79813,840,47412,226,01918,899,66817,175,12818,697,34416,713,054
2019-2014,534,64113,236,10014,392,90012,661,72220,103,59318,381,11719,910,47917,746,868
2020-2113,694,86912,687,34513,493,97611,661,21719,854,09618,210,99719,587,40917,246,821
2021-2215,021,84613,876,84014,827,92012,872,13223,597,39921,635,58423,319,59020,652,786
2022-2316,164,91314,878,02815,939,37613,851,41226,890,47324,646,69826,520,16623,390,925
2023-2417,650,59116,151,47717,404,63815,175,67130,122,95627,412,88829,710,78626,350,374
2024-2518,795,09517,179,84218,521,32816,150,44333,103,21530,014,89332,624,91828,945,539
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