Annual growth of households and NPISHs final consumption expenditure in India
India: Annual growth of households and NPISHs final consumption expenditure was 7.2% in 2024. ▲ Rising
Latest (2024)
7.2%
Change on year
up 29.4%
World rank
28th
of 185 countries
All-time high
11.7%
in 2021
All-time low
-5.3%
in 2020
Years of data
25
2000–2024
Annual growth of households and NPISHs final consumption expenditure in India, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in India stood at 7.2%.
That represents a change of up 29.4% on the previous year and up 12.5% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in India peaked at 11.7% in 2021 and was at its lowest, -5.3%, in 2020.
India ranks 28th of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Annual growth of households and NPISHs final consumption expenditure in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.4% | — |
| 2001 | 6.0% | +73.1% |
| 2002 | 2.9% | -51.8% |
| 2003 | 5.9% | +106.4% |
| 2004 | 5.2% | -12.7% |
| 2005 | 7.5% | +44.2% |
| 2006 | 4.9% | -33.8% |
| 2007 | 7.3% | +47.5% |
| 2008 | 4.5% | -38.9% |
| 2009 | 5.0% | +12.3% |
| 2010 | 6.7% | +34.4% |
| 2011 | 7.4% | +10.4% |
| 2012 | 5.5% | -26.3% |
| 2013 | 7.3% | +33.5% |
| 2014 | 6.4% | -12.5% |
| 2015 | 7.9% | +24.0% |
| 2016 | 8.1% | +2.5% |
| 2017 | 6.2% | -23.3% |
| 2018 | 7.1% | +13.6% |
| 2019 | 5.2% | -27.1% |
| 2020 | -5.3% | -202.3% |
| 2021 | 11.7% | -320.8% |
| 2022 | 7.5% | -36.0% |
| 2023 | 5.6% | -25.6% |
| 2024 | 7.2% | +29.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.2% | 2.9% | 7.5% | 10 |
| 2010s | 6.8% | 5.2% | 8.1% | 10 |
| 2020s | 5.3% | -5.3% | 11.7% | 5 |
Countries ranked near India
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 growth of households and npishs final consumption expenditure in India?
- Annual growth of households and npishs final consumption expenditure in India was 7.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in India?
- The highest recorded value was 11.7% in 2021.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in India?
- The lowest recorded value was -5.3% in 2020.
- How does India rank for annual growth of households and npishs final consumption expenditure?
- India ranks 28th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in India?
- Over the last ten years it is up 12.5%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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