Economic Outlook No 118 … final consumption expenditure, volume in India
India: Economic Outlook No 118 … final consumption expenditure, volume was 19.73 trillion in 2027. ▲ Rising
Economic Outlook No 118 — Government final consumption expenditure in India, 1996–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
India recorded 19.73 trillion for economic outlook no 118 — government final consumption expenditure in 2027. That is the highest value across all 32 years on record.
That represents a change of up 4.9% on the previous year and up 46.7% over ten years.
Over the whole period, economic outlook no 118 — government final consumption expenditure in India peaked at 19.73 trillion in 2027 and was at its lowest, 3.50 trillion, in 1996.
India ranks 5th of 39 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Economic Outlook No 118 … final consumption expenditure, volume in India, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 3.50 trillion | — |
| 1997 | 3.89 trillion | +11.3% |
| 1998 | 4.37 trillion | +12.2% |
| 1999 | 4.95 trillion | +13.4% |
| 2000 | 5.02 trillion | +1.4% |
| 2001 | 5.14 trillion | +2.4% |
| 2002 | 5.13 trillion | -0.2% |
| 2003 | 5.27 trillion | +2.8% |
| 2004 | 5.48 trillion | +4.0% |
| 2005 | 5.97 trillion | +8.8% |
| 2006 | 6.21 trillion | +4.1% |
| 2007 | 6.79 trillion | +9.4% |
| 2008 | 7.57 trillion | +11.4% |
| 2009 | 8.64 trillion | +14.2% |
| 2010 | 9.09 trillion | +5.2% |
| 2011 | 9.68 trillion | +6.5% |
| 2012 | 9.74 trillion | +0.6% |
| 2013 | 9.80 trillion | +0.6% |
| 2014 | 10.54 trillion | +7.6% |
| 2015 | 11.33 trillion | +7.5% |
| 2016 | 12.02 trillion | +6.1% |
| 2017 | 13.45 trillion | +11.9% |
| 2018 | 14.35 trillion | +6.7% |
| 2019 | 14.92 trillion | +3.9% |
| 2020 | 14.80 trillion | -0.8% |
| 2021 | 14.80 trillion | +0.0% |
| 2022 | 15.44 trillion | +4.3% |
| 2023 | 16.70 trillion | +8.1% |
| 2024 | 17.08 trillion | +2.3% |
| 2025 | 17.96 trillion | +5.2% |
| 2026 | 18.81 trillion | +4.7% |
| 2027 | 19.73 trillion | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.18 trillion | 3.50 trillion | 4.95 trillion | 4 |
| 2000s | 6.12 trillion | 5.02 trillion | 8.64 trillion | 10 |
| 2010s | 11.49 trillion | 9.09 trillion | 14.92 trillion | 10 |
| 2020s | 16.91 trillion | 14.80 trillion | 19.73 trillion | 8 |
Countries ranked near India
- 2 Colombia 177.48 trillion compare
- 2 Poland 581.73 billion compare
- 3 Croatia 16.87 billion compare
- 3 Türkiye 312.27 billion compare
- 3 Japan 125.19 trillion compare
- 4 Chile 38.75 trillion compare
- 4 Netherlands 259.29 billion compare
- 5 Lithuania 10.90 billion compare
- 6 OECD 13.93 trillion compare
- 6 Slovenia 9.98 billion compare
- 7 Hungary 12.66 trillion compare
- 7 Latvia 6.90 billion compare
- 8 Costa Rica 6.59 trillion compare
- 8 Estonia 6.31 billion compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 118 — government final consumption expenditure in India?
- Economic outlook no 118 — government final consumption expenditure in India was 19.73 trillion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — government final consumption expenditure recorded in India?
- The highest recorded value was 19.73 trillion in 2027.
- What is the lowest economic outlook no 118 — government final consumption expenditure recorded in India?
- The lowest recorded value was 3.50 trillion in 1996.
- How does India rank for economic outlook no 118 — government final consumption expenditure?
- India ranks 5th out of 39 countries with data for 2027.
- Is economic outlook no 118 — government final consumption expenditure rising or falling in India?
- Over the last ten years it is up 46.7%. 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 118 — Government final consumption expenditure, volume. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under OECD Terms and Conditions (attribution required).
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 118 (Edition 2025/2) EO118 Database documentation EO118 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