Economic Outlook No 115 — Private final consumption expenditure in India

India: Economic Outlook No 115 — Private final consumption expenditure was 105.71 trillion in 2025. ▲ Rising

Latest (2025)
105.71 trillion
Change on year
up 4.6%
World rank
5th
of 38 countries
All-time high
105.71 trillion
in 2025
All-time low
22.11 trillion
in 1996
Years of data
30
1996–2025

Economic Outlook No 115 — Private final consumption expenditure in India, 1996–2025

20.0T40.0T60.0T80.0T100.0T1996201020251996: 22.1T1997: 22.8T1998: 24.3T1999: 25.7T2000: 26.6T2001: 28.2T2002: 29.0T2003: 30.7T2004: 32.3T2005: 34.7T2006: 36.4T2007: 39.1T2008: 40.8T2009: 42.8T2010: 45.7T2011: 49.1T2012: 51.8T2013: 55.6T2014: 59.1T2015: 63.8T2016: 69.0T2017: 73.3T2018: 78.5T2019: 82.6T2020: 78.2T2021: 87.3T2022: 93.2T2023: 96.2T2024: 101.1T2025: 105.7T

Source: Organisation for Economic Co-operation and Development.

Analysis

The most recent figure for economic outlook no 115 — private final consumption expenditure in India is 105.71 trillion, measured in 2025. That is the highest value across all 30 years on record.

The figure is up 4.6% on the previous year and up 65.6% over ten years.

Over the whole period, economic outlook no 115 — private final consumption expenditure in India peaked at 105.71 trillion in 2025 and was at its lowest, 22.11 trillion, in 1996.

India ranks 5th of 38 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Economic Outlook No 115 — Private final consumption expenditure in India, year by year

Annual values for Economic Outlook No 115 — Private final consumption expenditure, volume in India, 1996 to 2025.
Year Value Change
1996 22.11 trillion
1997 22.78 trillion +3.0%
1998 24.26 trillion +6.5%
1999 25.70 trillion +6.0%
2000 26.59 trillion +3.4%
2001 28.17 trillion +6.0%
2002 28.98 trillion +2.9%
2003 30.70 trillion +5.9%
2004 32.28 trillion +5.2%
2005 34.69 trillion +7.5%
2006 36.40 trillion +4.9%
2007 39.05 trillion +7.3%
2008 40.79 trillion +4.5%
2009 42.83 trillion +5.0%
2010 45.71 trillion +6.7%
2011 49.13 trillion +7.5%
2012 51.79 trillion +5.4%
2013 55.57 trillion +7.3%
2014 59.13 trillion +6.4%
2015 63.81 trillion +7.9%
2016 69.00 trillion +8.1%
2017 73.31 trillion +6.2%
2018 78.50 trillion +7.1%
2019 82.56 trillion +5.2%
2020 78.20 trillion -5.3%
2021 87.33 trillion +11.7%
2022 93.24 trillion +6.8%
2023 96.20 trillion +3.2%
2024 101.08 trillion +5.1%
2025 105.71 trillion +4.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.71 trillion 22.11 trillion 25.70 trillion 4
2000s 34.05 trillion 26.59 trillion 42.83 trillion 10
2010s 62.85 trillion 45.71 trillion 82.56 trillion 10
2020s 93.62 trillion 78.20 trillion 105.71 trillion 6

Countries ranked near India

  1. 2 Colombia 769.32 trillion compare
  2. 3 Japan 300.42 trillion compare
  3. 4 Chile 133.44 trillion compare
  4. 6 OECD 39.35 trillion compare
  5. 7 Costa Rica 27.32 trillion compare
  6. 8 Hungary 24.42 trillion compare

See the full ranking of 49 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is economic outlook no 115 — private final consumption expenditure in India?
Economic outlook no 115 — private final consumption expenditure in India was 105.71 trillion in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 115 — private final consumption expenditure recorded in India?
The highest recorded value was 105.71 trillion in 2025.
What is the lowest economic outlook no 115 — private final consumption expenditure recorded in India?
The lowest recorded value was 22.11 trillion in 1996.
How does India rank for economic outlook no 115 — private final consumption expenditure?
India ranks 5th out of 38 countries with data for 2025.
Is economic outlook no 115 — private final consumption expenditure rising or falling in India?
Over the last ten years it is up 65.6%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, volume. Statizoid updates them automatically from the source API.

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Economic Outlook No 115 — Private final consumption expenditure in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/economic-outlook-no-115-private-final-consumption-expenditure-volume/india/

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About this data

Indicator
Economic Outlook No 115 — Private final consumption expenditure, volume
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,378 data points, 1960–2025
Last refreshed

May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP