Economic Outlook No 117 — Private final consumption expenditure in India
India: Economic Outlook No 117 — Private final consumption expenditure was 6.72 in 2026. ▲ Rising
Economic Outlook No 117 — Private final consumption expenditure in India, 1997–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
India recorded 6.72 for economic outlook no 117 — private final consumption expenditure in 2026.
That represents a change of up 3.7% on the previous year and down 17.4% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in India peaked at 11.68 in 2021 and was at its lowest, -5.29, in 2020.
India ranks 1st of 38 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Economic Outlook No 117 — Private final consumption expenditure in India, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.99 | — |
| 1998 | 6.5 | +117.5% |
| 1999 | 5.97 | -8.1% |
| 2000 | 3.44 | -42.4% |
| 2001 | 5.95 | +73.1% |
| 2002 | 2.87 | -51.8% |
| 2003 | 5.93 | +106.4% |
| 2004 | 5.17 | -12.7% |
| 2005 | 7.46 | +44.2% |
| 2006 | 4.94 | -33.8% |
| 2007 | 7.28 | +47.5% |
| 2008 | 4.45 | -38.9% |
| 2009 | 5 | +12.3% |
| 2010 | 6.72 | +34.4% |
| 2011 | 7.48 | +11.3% |
| 2012 | 5.41 | -27.6% |
| 2013 | 7.3 | +34.9% |
| 2014 | 6.39 | -12.5% |
| 2015 | 7.93 | +24.0% |
| 2016 | 8.13 | +2.5% |
| 2017 | 6.24 | -23.3% |
| 2018 | 7.09 | +13.6% |
| 2019 | 5.17 | -27.1% |
| 2020 | -5.29 | -202.3% |
| 2021 | 11.68 | -320.8% |
| 2022 | 7.47 | -36.0% |
| 2023 | 5.56 | -25.6% |
| 2024 | 6.53 | +17.4% |
| 2025 | 6.48 | -0.8% |
| 2026 | 6.72 | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.15 | 2.99 | 6.5 | 3 |
| 2000s | 5.25 | 2.87 | 7.46 | 10 |
| 2010s | 6.79 | 5.17 | 8.13 | 10 |
| 2020s | 5.59 | -5.29 | 11.68 | 7 |
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)
- 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 6.72 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 11.68 in 2021.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in India?
- The lowest recorded value was -5.29 in 2020.
- How does India rank for economic outlook no 117 — private final consumption expenditure?
- India ranks 1st out of 38 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 down 17.4%. 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 117 — Private final consumption expenditure, volume, growth. 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