Gross domestic product (GDP) in India
India: Gross domestic product (GDP) was 12.87 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in India, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in India is 12.87 trillion international-$ in 2021 prices, measured in 2023. That is the highest value across all 74 years on record.
The figure is up 3.7% on the previous year and up 74.5% over ten years.
Over the whole period, gross domestic product (gdp) in India peaked at 12.87 trillion international-$ in 2021 prices in 2023 and was at its lowest, 389.11 billion international-$ in 2021 prices, in 1950.
India ranks 3rd of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 462.46 billion international-$ in 2021 prices | 389.11 billion international-$ in 2021 prices | 535.24 billion international-$ in 2021 prices | 10 |
| 1960s | 692.76 billion international-$ in 2021 prices | 574.23 billion international-$ in 2021 prices | 862.73 billion international-$ in 2021 prices | 10 |
| 1970s | 1.00 trillion international-$ in 2021 prices | 877.06 billion international-$ in 2021 prices | 1.10 trillion international-$ in 2021 prices | 10 |
| 1980s | 1.07 trillion international-$ in 2021 prices | 977.34 billion international-$ in 2021 prices | 1.30 trillion international-$ in 2021 prices | 10 |
| 1990s | 1.80 trillion international-$ in 2021 prices | 1.38 trillion international-$ in 2021 prices | 2.38 trillion international-$ in 2021 prices | 10 |
| 2000s | 3.74 trillion international-$ in 2021 prices | 2.49 trillion international-$ in 2021 prices | 5.37 trillion international-$ in 2021 prices | 10 |
| 2010s | 8.17 trillion international-$ in 2021 prices | 6.22 trillion international-$ in 2021 prices | 10.49 trillion international-$ in 2021 prices | 10 |
| 2020s | 11.74 trillion international-$ in 2021 prices | 10.06 trillion international-$ in 2021 prices | 12.87 trillion international-$ in 2021 prices | 4 |
Countries ranked near India
- 1 China 30.94 trillion international-$ in 2021 prices compare
- 2 United States 25.04 trillion international-$ in 2021 prices compare
- 4 Russia 5.71 trillion international-$ in 2021 prices compare
- 5 Japan 5.51 trillion international-$ in 2021 prices compare
- 6 Germany 5.07 trillion international-$ in 2021 prices compare
More economy & growth data for India
- External balance on goods and services as a percent of GDP -1.7% (2025)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 2,523 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 13.5% (2025)
- Gross domestic product (GDP) 3.69 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,523 constant 2015 US$ (2025)
- DEC alternative conversion factor 87.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.54 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.62 billion current US$ (2024)
- Taxes less subsidies on products 31.86 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in India?
- Gross domestic product (gdp) in India was 12.87 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in India?
- The highest recorded value was 12.87 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in India?
- The lowest recorded value was 389.11 billion international-$ in 2021 prices in 1950.
- How does India rank for gross domestic product (gdp)?
- India ranks 3rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in India?
- Over the last ten years it is up 74.5%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.