Gross domestic product (GDP), annual growth rate (Bolt) in India

India: Gross domestic product (GDP), annual growth rate (Bolt) was 6.88 % change on previous year in 2022. ◆ Volatile

Latest (2022)
6.88 % change on previous year
Change on year
down 28.1%
World rank
23rd
of 166 countries
All-time high
18.32 % change on previous year
in 1897
All-time low
-17.17 % change on previous year
in 1947
Years of data
139
1851–2022

Gross domestic product (GDP), annual growth rate in India, 1851–2022

-20-1001020185119362022

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2022, gross domestic product (gdp), annual growth rate in India stood at 6.88 % change on previous year.

That represents a change of down 28.1% on the previous year and up 18.7% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in India peaked at 18.32 % change on previous year in 1897 and was at its lowest, -17.17 % change on previous year, in 1947.

That places India 23rd out of 166 countries with data for 2022, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), annual growth rate (Bolt) in India, year by year

Annual values for Gross domestic product (GDP), annual growth rate in India, 1851 to 2022.
Year % change on previous year Change
1851 0.3529 % change on previous year —
1885 3.83 % change on previous year +984.1%
1886 -2.51 % change on previous year -165.5%
1887 5.22 % change on previous year -308.3%
1888 1.5 % change on previous year -71.2%
1889 -2.13 % change on previous year -241.4%
1890 5.37 % change on previous year -352.4%
1891 -9.3 % change on previous year -273.2%
1892 8.13 % change on previous year -187.5%
1893 2.48 % change on previous year -69.5%
1894 1.57 % change on previous year -36.8%
1895 -2.37 % change on previous year -251.1%
1896 -7.45 % change on previous year +213.8%
1897 18.32 % change on previous year -346.0%
1898 0.1728 % change on previous year -99.1%
1899 -7.71 % change on previous year -4561.5%
1900 3.42 % change on previous year -144.4%
1901 2.07 % change on previous year -39.4%
1902 8.42 % change on previous year +306.1%
1903 1.36 % change on previous year -83.8%
1904 0.4302 % change on previous year -68.4%
1905 -1.78 % change on previous year -513.3%
1906 2.77 % change on previous year -256.0%
1907 -5.92 % change on previous year -313.6%
1908 1.43 % change on previous year -124.1%
1909 13.75 % change on previous year +862.7%
1910 0.082 % change on previous year -99.4%
1911 -0.5721 % change on previous year -797.6%
1912 -0.1738 % change on previous year -69.6%
1913 -2.18 % change on previous year +1154.4%
1914 5.42 % change on previous year -348.4%
1915 -2.5 % change on previous year -146.2%
1916 2.92 % change on previous year -216.6%
1917 -1.76 % change on previous year -160.3%
1918 -12.79 % change on previous year +627.1%
1919 13.71 % change on previous year -207.2%
1920 -7.91 % change on previous year -157.7%
1921 7.51 % change on previous year -195.0%
1922 4.28 % change on previous year -43.1%
1923 -3.22 % change on previous year -175.3%
1924 4.86 % change on previous year -250.9%
1925 1.19 % change on previous year -75.5%
1926 3.21 % change on previous year +169.2%
1927 -0.0757 % change on previous year -102.4%
1928 1.01 % change on previous year -1436.3%
1929 4.17 % change on previous year +313.0%
1930 0.7296 % change on previous year -82.5%
1931 -0.7353 % change on previous year -200.8%
1932 1.14 % change on previous year -254.9%
1933 0.1605 % change on previous year -85.9%
1934 0.9431 % change on previous year +487.7%
1935 -1.06 % change on previous year -212.2%
1936 3.94 % change on previous year -472.3%
1937 -1.59 % change on previous year -140.4%
1938 0.1791 % change on previous year -111.3%
1939 2.27 % change on previous year +1165.6%
1940 3.21 % change on previous year +41.6%
1941 2.01 % change on previous year -37.4%
1942 -0.5716 % change on previous year -128.5%
1943 4.06 % change on previous year -810.1%
1944 -1.01 % change on previous year -124.9%
1945 -1.7 % change on previous year +68.1%
1946 -5.24 % change on previous year +208.6%
1947 -17.17 % change on previous year +227.9%
1948 0.9507 % change on previous year -105.5%
1949 2.67 % change on previous year +180.5%
1950 0.3137 % change on previous year -88.2%
1951 2.29 % change on previous year +629.8%
1952 2.94 % change on previous year +28.6%
1953 6.35 % change on previous year +115.7%
1954 4.18 % change on previous year -34.2%
1955 2.48 % change on previous year -40.7%
1956 5.73 % change on previous year +131.0%
1957 -1.02 % change on previous year -117.8%
1958 7.57 % change on previous year -843.9%
1959 2.09 % change on previous year -72.4%
1960 6.96 % change on previous year +232.5%
1961 2.99 % change on previous year -57.1%
1962 2.25 % change on previous year -24.6%
1963 5.08 % change on previous year +125.5%
1964 7.67 % change on previous year +50.9%
1965 -3.93 % change on previous year -151.3%
1966 0.8992 % change on previous year -122.9%
1967 8.2 % change on previous year +811.4%
1968 2.69 % change on previous year -67.2%
1969 6.64 % change on previous year +146.7%
1970 5.08 % change on previous year -23.5%
1971 0.9231 % change on previous year -81.8%
1972 -0.2796 % change on previous year -130.3%
1973 4.68 % change on previous year -1773.3%
1974 1.04 % change on previous year -77.8%
1975 8.91 % change on previous year +758.0%
1976 1.21 % change on previous year -86.4%
1977 7.81 % change on previous year +544.2%
1978 5.36 % change on previous year -31.5%
1979 -5.05 % change on previous year -194.3%
1980 7.13 % change on previous year -241.2%
1981 6.14 % change on previous year -13.9%
1982 3.17 % change on previous year -48.4%
1983 8.17 % change on previous year +157.9%
1984 3.87 % change on previous year -52.6%
1985 3.98 % change on previous year +2.7%
1986 4.2 % change on previous year +5.5%
1987 4.42 % change on previous year +5.2%
1988 10.42 % change on previous year +135.9%
1989 6.64 % change on previous year -36.2%
1990 5.24 % change on previous year -21.0%
1991 0.9994 % change on previous year -80.9%
1992 4.71 % change on previous year +370.8%
1993 5 % change on previous year +6.3%
1994 5.69 % change on previous year +13.8%
1995 6.55 % change on previous year +15.0%
1996 7.11 % change on previous year +8.6%
1997 3.48 % change on previous year -51.1%
1998 5.81 % change on previous year +67.1%
1999 5.55 % change on previous year -4.5%
2000 3.47 % change on previous year -37.4%
2001 4.86 % change on previous year +39.9%
2002 2.86 % change on previous year -41.1%
2003 7.48 % change on previous year +161.0%
2004 7.5 % change on previous year +0.4%
2005 7.37 % change on previous year -1.8%
2006 8.45 % change on previous year +14.7%
2007 8.19 % change on previous year -3.1%
2008 5.59 % change on previous year -31.7%
2009 7.4 % change on previous year +32.2%
2010 7.37 % change on previous year -0.4%
2011 6.7 % change on previous year -9.0%
2012 5.8 % change on previous year -13.5%
2013 6.15 % change on previous year +6.0%
2014 7.02 % change on previous year +14.1%
2015 7.51 % change on previous year +7.0%
2016 9.01 % change on previous year +20.0%
2017 6.11 % change on previous year -32.1%
2018 7.29 % change on previous year +19.2%
2019 4.6 % change on previous year -36.8%
2020 -6.78 % change on previous year -247.2%
2021 9.57 % change on previous year -241.3%
2022 6.88 % change on previous year -28.1%

India compared with similar countries

  • India's 6.88 % change on previous year is above the median for lower middle income countries, which is 3.84 % change on previous year, 1.8× the median. (41 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate (Bolt) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1899 -4561.5% 0.1728 % change on previous year -7.71 % change on previous year
1973 +1773.3% -0.2796 % change on previous year 4.68 % change on previous year
1928 +1436.3% -0.0757 % change on previous year 1.01 % change on previous year
1939 +1165.6% 0.1791 % change on previous year 2.27 % change on previous year
1913 -1154.4% -0.1738 % change on previous year -2.18 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1850s 0.3529 % change on previous year 0.3529 % change on previous year 0.3529 % change on previous year 1
1880s 1.18 % change on previous year -2.51 % change on previous year 5.22 % change on previous year 5
1890s 0.9224 % change on previous year -9.3 % change on previous year 18.32 % change on previous year 10
1900s 2.6 % change on previous year -5.92 % change on previous year 13.75 % change on previous year 10
1910s 0.2154 % change on previous year -12.79 % change on previous year 13.71 % change on previous year 10
1920s 1.5 % change on previous year -7.91 % change on previous year 7.51 % change on previous year 10
1930s 0.5974 % change on previous year -1.59 % change on previous year 3.94 % change on previous year 10
1940s -1.28 % change on previous year -17.17 % change on previous year 4.06 % change on previous year 10
1950s 3.29 % change on previous year -1.02 % change on previous year 7.57 % change on previous year 10
1960s 3.94 % change on previous year -3.93 % change on previous year 8.2 % change on previous year 10
1970s 2.97 % change on previous year -5.05 % change on previous year 8.91 % change on previous year 10
1980s 5.81 % change on previous year 3.17 % change on previous year 10.42 % change on previous year 10
1990s 5.01 % change on previous year 0.9994 % change on previous year 7.11 % change on previous year 10
2000s 6.32 % change on previous year 2.86 % change on previous year 8.45 % change on previous year 10
2010s 6.76 % change on previous year 4.6 % change on previous year 9.01 % change on previous year 10
2020s 3.23 % change on previous year -6.78 % change on previous year 9.57 % change on previous year 3

Countries ranked near India

  1. 20 Ethiopia 7.2 % change on previous year compare
  2. 21 Mauritania 7.08 % change on previous year compare
  3. 22 Kyrgyzstan 7 % change on previous year compare
  4. 24 Malta 6.85 % change on previous year compare
  5. 25 Rwanda 6.76 % change on previous year compare
  6. 26 Cote d'Ivoire 6.7 % change on previous year compare

See the full ranking of 166 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in India?
Gross domestic product (gdp), annual growth rate in India was 6.88 % change on previous year in 2022, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in India?
The highest recorded value was 18.32 % change on previous year in 1897.
What is the lowest gross domestic product (gdp), annual growth rate recorded in India?
The lowest recorded value was -17.17 % change on previous year in 1947.
How does India rank for gross domestic product (gdp), annual growth rate?
India ranks 23rd out of 166 countries with data for 2022.
Is gross domestic product (gdp), annual growth rate rising or falling in India?
Over the last ten years it is up 18.7%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in India. Statizoid, drawing on Statizoid (derived). Retrieved 10 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate-3/india/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 15,244 data points, 1821–2022
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.