Annual GDP growth in India
India: Annual GDP growth was 6.5% in 2024. ▬ Flat
Annual GDP growth in India, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
India recorded 6.5% 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 9.7% in 2021 and was at its lowest, -5.8%, in 2020.
India ranks 20th of 212 countries on this measure, in the top 10%.
Annual GDP growth in India, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.8% | — |
| 2001 | 4.8% | +25.5% |
| 2002 | 3.8% | -21.2% |
| 2003 | 7.9% | +106.8% |
| 2004 | 7.9% | +0.8% |
| 2005 | 7.9% | +0.0% |
| 2006 | 8.1% | +1.8% |
| 2007 | 7.7% | -5.0% |
| 2008 | 3.1% | -59.7% |
| 2009 | 7.9% | +154.4% |
| 2010 | 8.5% | +8.1% |
| 2011 | 5.2% | -38.4% |
| 2012 | 5.5% | +4.2% |
| 2013 | 6.4% | +17.0% |
| 2014 | 7.4% | +16.0% |
| 2015 | 8.0% | +8.0% |
| 2016 | 8.3% | +3.2% |
| 2017 | 6.8% | -17.7% |
| 2018 | 6.5% | -5.1% |
| 2019 | 3.9% | -40.0% |
| 2020 | -5.8% | -249.4% |
| 2021 | 9.7% | -267.6% |
| 2022 | 7.6% | -21.5% |
| 2023 | 9.2% | +20.8% |
| 2024 | 6.5% | -29.4% |
India compared with similar countries
- India's 6.5% is above the median for lower middle income countries, which is 3.8%, 1.7× the median. (47 countries reporting)
- India's 6.5% is above the median for South Asia, which is 4.4%, 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% | -5.8% | 9.7% |
| 2020 | -249.4% | 3.9% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 3.1% | 8.1% | 10 |
| 2010s | 6.6% | 3.9% | 8.5% | 10 |
| 2020s | 5.4% | -5.8% | 9.7% | 5 |
Countries ranked near India
- 17 Malta 6.8% compare
- 18 Togo 6.5% compare
- 19 Uzbekistan 6.5% compare
- 21 Mauritania 6.3% compare
- 22 Turkmenistan 6.3% compare
- 23 Democratic Republic of Congo 6.1% compare
More economy & growth data for India
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in India?
- Annual gdp growth in India was 6.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in India?
- The highest recorded value was 9.7% in 2021.
- What is the lowest annual gdp growth recorded in India?
- The lowest recorded value was -5.8% 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 World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).