Annual gdp growth in India
India: Annual gdp growth was 6.49 in 2024. ▬ Flat
Annual gdp growth in India, 2000–2024
Source: Our World in Data.
Analysis
India recorded 6.49 for annual gdp growth in 2024.
Compared with earlier readings it is down 29.4% on the previous year and down 12.4% over ten years.
Over the whole period, annual gdp growth in India peaked at 9.69 in 2021 and was at its lowest, -5.78, in 2020.
India ranks 20th of 212 countries on this measure, in the top 10%.
Annual gdp growth in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.84 | — |
| 2001 | 4.82 | +25.5% |
| 2002 | 3.8 | -21.2% |
| 2003 | 7.86 | +106.8% |
| 2004 | 7.92 | +0.8% |
| 2005 | 7.92 | +0.0% |
| 2006 | 8.06 | +1.8% |
| 2007 | 7.66 | -5.0% |
| 2008 | 3.09 | -59.7% |
| 2009 | 7.86 | +154.4% |
| 2010 | 8.5 | +8.1% |
| 2011 | 5.24 | -38.4% |
| 2012 | 5.46 | +4.2% |
| 2013 | 6.39 | +17.0% |
| 2014 | 7.41 | +16.0% |
| 2015 | 8 | +8.0% |
| 2016 | 8.26 | +3.2% |
| 2017 | 6.8 | -17.7% |
| 2018 | 6.45 | -5.1% |
| 2019 | 3.87 | -40.0% |
| 2020 | -5.78 | -249.4% |
| 2021 | 9.69 | -267.6% |
| 2022 | 7.61 | -21.5% |
| 2023 | 9.19 | +20.8% |
| 2024 | 6.49 | -29.4% |
India compared with similar countries
- India's 6.49 is above the median for lower middle income countries, which is 3.8, 1.7× the median. (47 countries reporting)
- India's 6.49 is above the median for South Asia, which is 4.42, 1.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +267.6% | -5.78 | 9.69 |
| 2020 | -249.4% | 3.87 | -5.78 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.28 | 3.09 | 8.06 | 10 |
| 2010s | 6.64 | 3.87 | 8.5 | 10 |
| 2020s | 5.44 | -5.78 | 9.69 | 5 |
Countries ranked near India
- 17 Malta 6.8 compare
- 18 Togo 6.53 compare
- 19 Uzbekistan 6.5 compare
- 21 Mauritania 6.31 compare
- 22 Turkmenistan 6.3 compare
- 23 Democratic Republic of Congo 6.13 compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in India?
- Annual gdp growth in India was 6.49 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in India?
- The highest recorded value was 9.69 in 2021.
- What is the lowest annual gdp growth recorded in India?
- The lowest recorded value was -5.78 in 2020.
- How does India rank for annual gdp growth?
- India ranks 20th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in India?
- Over the last ten years it is down 12.4%. The long-run trend across the full record is flat.
- Where does this India data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).