GDP Deflator — Value US$, 2015 prices in India
India: GDP Deflator — Value US$, 2015 prices was 111 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
India recorded 111 USD for gdp deflator — value us$, 2015 prices in 2024.
That represents a change of up 1.9% on the previous year and up 8.0% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in India peaked at 113.48 USD in 2011 and was at its lowest, 30.35 USD, in 1970.
India ranks 144th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in India, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 30.35 USD | — |
| 1971 | 32 USD | +5.4% |
| 1972 | 34.99 USD | +9.3% |
| 1973 | 40.45 USD | +15.6% |
| 1974 | 45.09 USD | +11.5% |
| 1975 | 42.9 USD | -4.9% |
| 1976 | 42.5 USD | -0.9% |
| 1977 | 46.03 USD | +8.3% |
| 1978 | 50.31 USD | +9.3% |
| 1979 | 58.7 USD | +16.7% |
| 1980 | 67.64 USD | +15.2% |
| 1981 | 68.08 USD | +0.6% |
| 1982 | 67.39 USD | -1.0% |
| 1983 | 68.49 USD | +1.6% |
| 1984 | 65.7 USD | -4.1% |
| 1985 | 64.69 USD | -1.5% |
| 1986 | 67.76 USD | +4.7% |
| 1987 | 72.08 USD | +6.4% |
| 1988 | 72.65 USD | +0.8% |
| 1989 | 67.57 USD | -7.0% |
| 1990 | 69.32 USD | +2.6% |
| 1991 | 60.69 USD | -12.5% |
| 1992 | 58.03 USD | -4.4% |
| 1993 | 54.19 USD | -6.6% |
| 1994 | 57.92 USD | +6.9% |
| 1995 | 61.12 USD | +5.5% |
| 1996 | 60.17 USD | -1.6% |
| 1997 | 62.52 USD | +3.9% |
| 1998 | 59.43 USD | -4.9% |
| 1999 | 58.7 USD | -1.2% |
| 2000 | 58.28 USD | -0.7% |
| 2001 | 57.3 USD | -1.7% |
| 2002 | 57.68 USD | +0.7% |
| 2003 | 62.52 USD | +8.4% |
| 2004 | 67.95 USD | +8.7% |
| 2005 | 73.75 USD | +8.5% |
| 2006 | 77.81 USD | +5.5% |
| 2007 | 91.19 USD | +17.2% |
| 2008 | 94.63 USD | +3.8% |
| 2009 | 91.04 USD | -3.8% |
| 2010 | 106.52 USD | +17.0% |
| 2011 | 113.48 USD | +6.5% |
| 2012 | 106.97 USD | -5.7% |
| 2013 | 103.59 USD | -3.2% |
| 2014 | 102.77 USD | -0.8% |
| 2015 | 100 USD | -2.7% |
| 2016 | 98.56 USD | -1.4% |
| 2017 | 105.74 USD | +7.3% |
| 2018 | 104.6 USD | -1.1% |
| 2019 | 104.02 USD | -0.5% |
| 2020 | 103.62 USD | -0.4% |
| 2021 | 112.55 USD | +8.6% |
| 2022 | 112.98 USD | +0.4% |
| 2023 | 108.95 USD | -3.6% |
| 2024 | 111 USD | +1.9% |
India compared with similar countries
- India's 111 USD is below the median for lower middle income countries, which is 112.12 USD, 99% of the median. (41 countries reporting)
- India's 111 USD is above the median for South Asia, which is 110.41 USD, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.33 USD | 30.35 USD | 58.7 USD | 10 |
| 1980s | 68.21 USD | 64.69 USD | 72.65 USD | 10 |
| 1990s | 60.21 USD | 54.19 USD | 69.32 USD | 10 |
| 2000s | 73.22 USD | 57.3 USD | 94.63 USD | 10 |
| 2010s | 104.63 USD | 98.56 USD | 113.48 USD | 10 |
| 2020s | 109.82 USD | 103.62 USD | 112.98 USD | 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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in India?
- Gdp deflator — value us$, 2015 prices in India was 111 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in India?
- The highest recorded value was 113.48 USD in 2011.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in India?
- The lowest recorded value was 30.35 USD in 1970.
- How does India rank for gdp deflator — value us$, 2015 prices?
- India ranks 144th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in India?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).