Annual GDP growth in India
India: Annual GDP growth was 8.2% in 2023. ▼ Falling
Latest (2023)
8.2%
Change on year
up 16.6%
World rank
11th
of 211 countries
All-time high
9.7%
in 2021
All-time low
-5.8%
in 2020
Years of data
24
2000–2023
Annual GDP growth in India, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
India recorded 8.2% for annual gdp growth in 2023.
Compared with earlier readings it is up 16.6% on the previous year and up 27.5% 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 11th of 211 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
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 | 4.8% | -5.8% | 9.7% | 4 |
Countries ranked near India
More economy & growth data for India
- External balance on goods and services as a percent of GDP -1.7% (2025)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 2,523 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.5% (2025)
- Gross domestic product (GDP) 3.69 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,523 constant 2015 US$ (2025)
- DEC alternative conversion factor 87.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.54 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.62 billion current US$ (2024)
- Taxes less subsidies on products 31.86 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in India?
- Annual gdp growth in India was 8.2% in 2023, 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 11th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in India?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is falling.
- 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)