Gross domestic product (GDP) in India
India: Gross domestic product (GDP) was 12.87 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
12.87 trillion international-$ in 2021 prices
Change on year
up 3.7%
World rank
3rd
of 184 countries
All-time high
12.87 trillion international-$ in 2021 prices
in 2023
All-time low
389.11 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
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.
Gross domestic product (GDP) in India, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 389.11 billion international-$ in 2021 prices | — |
| 1951 | 405.45 billion international-$ in 2021 prices | +4.2% |
| 1952 | 417.60 billion international-$ in 2021 prices | +3.0% |
| 1953 | 439.93 billion international-$ in 2021 prices | +5.3% |
| 1954 | 458.56 billion international-$ in 2021 prices | +4.2% |
| 1955 | 469.07 billion international-$ in 2021 prices | +2.3% |
| 1956 | 490.09 billion international-$ in 2021 prices | +4.5% |
| 1957 | 492.67 billion international-$ in 2021 prices | +0.5% |
| 1958 | 526.86 billion international-$ in 2021 prices | +6.9% |
| 1959 | 535.24 billion international-$ in 2021 prices | +1.6% |
| 1960 | 574.23 billion international-$ in 2021 prices | +7.3% |
| 1961 | 592.96 billion international-$ in 2021 prices | +3.3% |
| 1962 | 617.13 billion international-$ in 2021 prices | +4.1% |
| 1963 | 658.37 billion international-$ in 2021 prices | +6.7% |
| 1964 | 705.98 billion international-$ in 2021 prices | +7.2% |
| 1965 | 694.81 billion international-$ in 2021 prices | -1.6% |
| 1966 | 693.93 billion international-$ in 2021 prices | -0.1% |
| 1967 | 747.19 billion international-$ in 2021 prices | +7.7% |
| 1968 | 780.24 billion international-$ in 2021 prices | +4.4% |
| 1969 | 862.73 billion international-$ in 2021 prices | +10.6% |
| 1970 | 877.06 billion international-$ in 2021 prices | +1.7% |
| 1971 | 914.19 billion international-$ in 2021 prices | +4.2% |
| 1972 | 945.71 billion international-$ in 2021 prices | +3.4% |
| 1973 | 1.00 trillion international-$ in 2021 prices | +6.0% |
| 1974 | 997.27 billion international-$ in 2021 prices | -0.5% |
| 1975 | 1.10 trillion international-$ in 2021 prices | +9.9% |
| 1976 | 1.08 trillion international-$ in 2021 prices | -1.1% |
| 1977 | 1.08 trillion international-$ in 2021 prices | -0.6% |
| 1978 | 1.06 trillion international-$ in 2021 prices | -2.0% |
| 1979 | 983.32 billion international-$ in 2021 prices | -6.8% |
| 1980 | 1.01 trillion international-$ in 2021 prices | +2.6% |
| 1981 | 1.00 trillion international-$ in 2021 prices | -0.8% |
| 1982 | 977.34 billion international-$ in 2021 prices | -2.3% |
| 1983 | 1.01 trillion international-$ in 2021 prices | +2.9% |
| 1984 | 1.01 trillion international-$ in 2021 prices | +0.2% |
| 1985 | 1.02 trillion international-$ in 2021 prices | +1.7% |
| 1986 | 1.07 trillion international-$ in 2021 prices | +4.2% |
| 1987 | 1.12 trillion international-$ in 2021 prices | +5.2% |
| 1988 | 1.21 trillion international-$ in 2021 prices | +7.9% |
| 1989 | 1.30 trillion international-$ in 2021 prices | +7.0% |
| 1990 | 1.38 trillion international-$ in 2021 prices | +6.1% |
| 1991 | 1.42 trillion international-$ in 2021 prices | +3.2% |
| 1992 | 1.50 trillion international-$ in 2021 prices | +5.5% |
| 1993 | 1.58 trillion international-$ in 2021 prices | +5.3% |
| 1994 | 1.67 trillion international-$ in 2021 prices | +5.9% |
| 1995 | 1.81 trillion international-$ in 2021 prices | +8.3% |
| 1996 | 1.96 trillion international-$ in 2021 prices | +8.1% |
| 1997 | 2.05 trillion international-$ in 2021 prices | +4.6% |
| 1998 | 2.22 trillion international-$ in 2021 prices | +8.6% |
| 1999 | 2.38 trillion international-$ in 2021 prices | +7.1% |
| 2000 | 2.49 trillion international-$ in 2021 prices | +4.7% |
| 2001 | 2.63 trillion international-$ in 2021 prices | +5.4% |
| 2002 | 2.77 trillion international-$ in 2021 prices | +5.5% |
| 2003 | 3.02 trillion international-$ in 2021 prices | +9.1% |
| 2004 | 3.31 trillion international-$ in 2021 prices | +9.4% |
| 2005 | 3.77 trillion international-$ in 2021 prices | +14.0% |
| 2006 | 4.23 trillion international-$ in 2021 prices | +12.1% |
| 2007 | 4.74 trillion international-$ in 2021 prices | +12.1% |
| 2008 | 5.02 trillion international-$ in 2021 prices | +6.0% |
| 2009 | 5.37 trillion international-$ in 2021 prices | +7.0% |
| 2010 | 6.22 trillion international-$ in 2021 prices | +15.7% |
| 2011 | 6.77 trillion international-$ in 2021 prices | +9.0% |
| 2012 | 7.32 trillion international-$ in 2021 prices | +8.1% |
| 2013 | 7.37 trillion international-$ in 2021 prices | +0.7% |
| 2014 | 7.72 trillion international-$ in 2021 prices | +4.8% |
| 2015 | 8.14 trillion international-$ in 2021 prices | +5.4% |
| 2016 | 8.63 trillion international-$ in 2021 prices | +6.1% |
| 2017 | 9.12 trillion international-$ in 2021 prices | +5.7% |
| 2018 | 9.96 trillion international-$ in 2021 prices | +9.2% |
| 2019 | 10.49 trillion international-$ in 2021 prices | +5.3% |
| 2020 | 10.06 trillion international-$ in 2021 prices | -4.1% |
| 2021 | 11.61 trillion international-$ in 2021 prices | +15.5% |
| 2022 | 12.41 trillion international-$ in 2021 prices | +6.8% |
| 2023 | 12.87 trillion international-$ in 2021 prices | +3.7% |
India compared with similar countries
- India's 12.87 trillion international-$ in 2021 prices is above the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 177.3× the median. (42 countries reporting)
- India's 12.87 trillion international-$ in 2021 prices is above the median for South Asia, which is 221.76 billion international-$ in 2021 prices, 58.0× the median. (6 countries reporting)
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
- 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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in India?
- Gross domestic product (gdp) in India was 12.87 trillion international-$ 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.
Download this data
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.