India vs Japan: Gross value added at basic prices (GVA)

India
3.59 trillion current US$
in 2025
Japan
4.16 trillion current US$
in 2024
India rank
5th
Japan rank
3rd

Gross value added at basic prices (GVA) over time

  • India
  • Japan
02.0T4.0T6.0T196019922025

How they compare

Japan currently reports 4.16 trillion current US$ against 3.59 trillion current US$ in India, a difference of 563.86 billion current US$.

That makes Japan's figure about 1.2 times India's.

Across all 55 years both countries report, Japan has been ahead every year.

India ranks 5th and Japan ranks 3rd of 204 countries.

Japan has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade India Japan Difference Ahead
1970s 91.49 billion current US$ 579.60 billion current US$ 488.11 billion current US$ Japan
1980s 213.76 billion current US$ 1.87 trillion current US$ 1.66 trillion current US$ Japan
1990s 321.97 billion current US$ 4.48 trillion current US$ 4.16 trillion current US$ Japan
2000s 766.57 billion current US$ 4.78 trillion current US$ 4.01 trillion current US$ Japan
2010s 2.00 trillion current US$ 5.35 trillion current US$ 3.35 trillion current US$ Japan
2020s 2.98 trillion current US$ 4.66 trillion current US$ 1.68 trillion current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), India or Japan?
Japan, at 4.16 trillion current US$ against 3.59 trillion current US$ in India as of 2024.
What is the difference in gross value added at basic prices (gva) between India and Japan?
563.86 billion current US$, with Japan ahead.
How many years of comparable data are there for India and Japan?
55 years are reported by both, from 1970 to 2024.
How do India and Japan rank globally for gross value added at basic prices (gva)?
India ranks 5th and Japan ranks 3rd of 204 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.