Economic Outlook No 117 — Private final consumption expenditure in India
India: Economic Outlook No 117 — Private final consumption expenditure was 249.01 trillion in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in India, 1996–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — private final consumption expenditure in India stood at 249.01 trillion. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 172.8% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in India peaked at 249.01 trillion in 2026 and was at its lowest, 8.99 trillion, in 1996.
That places India 5th out of 37 countries with data for 2026, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Private final consumption expenditure in India, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 8.99 trillion | — |
| 1997 | 9.79 trillion | +8.9% |
| 1998 | 11.38 trillion | +16.2% |
| 1999 | 12.73 trillion | +11.9% |
| 2000 | 13.64 trillion | +7.2% |
| 2001 | 14.85 trillion | +8.9% |
| 2002 | 15.71 trillion | +5.8% |
| 2003 | 17.18 trillion | +9.3% |
| 2004 | 18.59 trillion | +8.3% |
| 2005 | 20.84 trillion | +12.1% |
| 2006 | 23.87 trillion | +14.5% |
| 2007 | 27.32 trillion | +14.4% |
| 2008 | 31.25 trillion | +14.4% |
| 2009 | 35.63 trillion | +14.0% |
| 2010 | 41.78 trillion | +17.3% |
| 2011 | 49.11 trillion | +17.5% |
| 2012 | 56.14 trillion | +14.3% |
| 2013 | 64.76 trillion | +15.3% |
| 2014 | 72.47 trillion | +11.9% |
| 2015 | 81.26 trillion | +12.1% |
| 2016 | 91.27 trillion | +12.3% |
| 2017 | 100.36 trillion | +10.0% |
| 2018 | 112.05 trillion | +11.6% |
| 2019 | 122.45 trillion | +9.3% |
| 2020 | 121.31 trillion | -0.9% |
| 2021 | 143.83 trillion | +18.6% |
| 2022 | 165.28 trillion | +14.9% |
| 2023 | 181.30 trillion | +9.7% |
| 2024 | 201.84 trillion | +11.3% |
| 2025 | 224.14 trillion | +11.0% |
| 2026 | 249.01 trillion | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.72 trillion | 8.99 trillion | 12.73 trillion | 4 |
| 2000s | 21.89 trillion | 13.64 trillion | 35.63 trillion | 10 |
| 2010s | 79.17 trillion | 41.78 trillion | 122.45 trillion | 10 |
| 2020s | 183.82 trillion | 121.31 trillion | 249.01 trillion | 7 |
Countries ranked near India
- 2 Colombia 1,434.47 trillion compare
- 3 Argentina 924.60 trillion compare
- 3 Croatia 54.75 billion compare
- 3 Poland 2.38 trillion compare
- 4 Japan 349.05 trillion compare
- 4 Netherlands 531.64 billion compare
- 5 Lithuania 50.47 billion compare
- 6 Chile 202.78 trillion compare
- 6 Slovenia 37.84 billion compare
- 7 Hungary 49.76 trillion compare
- 7 Latvia 26.08 billion compare
- 8 Costa Rica 35.02 trillion compare
- 8 Estonia 23.02 billion 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)
- Services, value added (current US$), annual growth rate 8.19 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4934 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,333 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 11.71 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 43.09 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 116,437 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.97 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4642 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — private final consumption expenditure in India?
- Economic outlook no 117 — private final consumption expenditure in India was 249.01 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in India?
- The highest recorded value was 249.01 trillion in 2026.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in India?
- The lowest recorded value was 8.99 trillion in 1996.
- How does India rank for economic outlook no 117 — private final consumption expenditure?
- India ranks 5th out of 37 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in India?
- Over the last ten years it is up 172.8%. The long-run trend across the full record is volatile.
- 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 117 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.
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About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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