Gross domestic product (GDP), annual growth rate in India
India: Gross domestic product (GDP), annual growth rate was 3.7 % change on previous year in 2023. ◆ Volatile
Latest (2023)
3.7 % change on previous year
Change on year
down 46.0%
World rank
66th
of 184 countries
All-time high
15.66 % change on previous year
in 2010
All-time low
-6.83 % change on previous year
in 1979
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in India, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
India recorded 3.7 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is down 46.0% on the previous year and up 399.3% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in India peaked at 15.66 % change on previous year in 2010 and was at its lowest, -6.83 % change on previous year, in 1979.
India ranks 66th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 4.2 % change on previous year | — |
| 1952 | 3 % change on previous year | -28.6% |
| 1953 | 5.35 % change on previous year | +78.3% |
| 1954 | 4.23 % change on previous year | -20.8% |
| 1955 | 2.29 % change on previous year | -45.9% |
| 1956 | 4.48 % change on previous year | +95.4% |
| 1957 | 0.5264 % change on previous year | -88.3% |
| 1958 | 6.94 % change on previous year | +1218.4% |
| 1959 | 1.59 % change on previous year | -77.1% |
| 1960 | 7.29 % change on previous year | +358.3% |
| 1961 | 3.26 % change on previous year | -55.2% |
| 1962 | 4.08 % change on previous year | +25.0% |
| 1963 | 6.68 % change on previous year | +63.9% |
| 1964 | 7.23 % change on previous year | +8.2% |
| 1965 | -1.58 % change on previous year | -121.9% |
| 1966 | -0.1268 % change on previous year | -92.0% |
| 1967 | 7.67 % change on previous year | -6152.7% |
| 1968 | 4.42 % change on previous year | -42.4% |
| 1969 | 10.57 % change on previous year | +139.0% |
| 1970 | 1.66 % change on previous year | -84.3% |
| 1971 | 4.23 % change on previous year | +154.9% |
| 1972 | 3.45 % change on previous year | -18.5% |
| 1973 | 5.95 % change on previous year | +72.6% |
| 1974 | -0.4713 % change on previous year | -107.9% |
| 1975 | 9.88 % change on previous year | -2196.5% |
| 1976 | -1.13 % change on previous year | -111.5% |
| 1977 | -0.5797 % change on previous year | -48.8% |
| 1978 | -2.01 % change on previous year | +247.6% |
| 1979 | -6.83 % change on previous year | +239.1% |
| 1980 | 2.56 % change on previous year | -137.4% |
| 1981 | -0.7903 % change on previous year | -130.9% |
| 1982 | -2.31 % change on previous year | +192.6% |
| 1983 | 2.92 % change on previous year | -226.3% |
| 1984 | 0.1939 % change on previous year | -93.4% |
| 1985 | 1.68 % change on previous year | +766.5% |
| 1986 | 4.25 % change on previous year | +152.9% |
| 1987 | 5.25 % change on previous year | +23.6% |
| 1988 | 7.88 % change on previous year | +50.1% |
| 1989 | 7.02 % change on previous year | -10.9% |
| 1990 | 6.14 % change on previous year | -12.6% |
| 1991 | 3.18 % change on previous year | -48.2% |
| 1992 | 5.5 % change on previous year | +72.8% |
| 1993 | 5.32 % change on previous year | -3.2% |
| 1994 | 5.88 % change on previous year | +10.5% |
| 1995 | 8.27 % change on previous year | +40.8% |
| 1996 | 8.12 % change on previous year | -1.8% |
| 1997 | 4.62 % change on previous year | -43.1% |
| 1998 | 8.58 % change on previous year | +85.7% |
| 1999 | 7.12 % change on previous year | -17.0% |
| 2000 | 4.68 % change on previous year | -34.3% |
| 2001 | 5.41 % change on previous year | +15.8% |
| 2002 | 5.48 % change on previous year | +1.2% |
| 2003 | 9.09 % change on previous year | +66.0% |
| 2004 | 9.42 % change on previous year | +3.6% |
| 2005 | 14.02 % change on previous year | +48.9% |
| 2006 | 12.07 % change on previous year | -13.9% |
| 2007 | 12.08 % change on previous year | +0.1% |
| 2008 | 5.98 % change on previous year | -50.5% |
| 2009 | 6.98 % change on previous year | +16.6% |
| 2010 | 15.66 % change on previous year | +124.4% |
| 2011 | 8.95 % change on previous year | -42.8% |
| 2012 | 8.08 % change on previous year | -9.8% |
| 2013 | 0.7413 % change on previous year | -90.8% |
| 2014 | 4.76 % change on previous year | +542.2% |
| 2015 | 5.36 % change on previous year | +12.6% |
| 2016 | 6.07 % change on previous year | +13.2% |
| 2017 | 5.69 % change on previous year | -6.3% |
| 2018 | 9.17 % change on previous year | +61.2% |
| 2019 | 5.32 % change on previous year | -42.0% |
| 2020 | -4.13 % change on previous year | -177.7% |
| 2021 | 15.49 % change on previous year | -474.8% |
| 2022 | 6.85 % change on previous year | -55.8% |
| 2023 | 3.7 % change on previous year | -46.0% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1967 | +6152.7% | -0.1268 % change on previous year | 7.67 % change on previous year |
| 1975 | +2196.5% | -0.4713 % change on previous year | 9.88 % change on previous year |
| 1958 | +1218.4% | 0.5264 % change on previous year | 6.94 % change on previous year |
| 1985 | +766.5% | 0.1939 % change on previous year | 1.68 % change on previous year |
| 2014 | +542.2% | 0.7413 % change on previous year | 4.76 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.62 % change on previous year | 0.5264 % change on previous year | 6.94 % change on previous year | 9 |
| 1960s | 4.95 % change on previous year | -1.58 % change on previous year | 10.57 % change on previous year | 10 |
| 1970s | 1.41 % change on previous year | -6.83 % change on previous year | 9.88 % change on previous year | 10 |
| 1980s | 2.86 % change on previous year | -2.31 % change on previous year | 7.88 % change on previous year | 10 |
| 1990s | 6.27 % change on previous year | 3.18 % change on previous year | 8.58 % change on previous year | 10 |
| 2000s | 8.52 % change on previous year | 4.68 % change on previous year | 14.02 % change on previous year | 10 |
| 2010s | 6.98 % change on previous year | 0.7413 % change on previous year | 15.66 % change on previous year | 10 |
| 2020s | 5.48 % change on previous year | -4.13 % change on previous year | 15.49 % change on previous year | 4 |
Countries ranked near India
- 63 Ghana 3.79 % change on previous year compare
- 64 Paraguay 3.78 % change on previous year compare
- 65 Somalia 3.78 % change on previous year compare
- 67 Madagascar 3.69 % change on previous year compare
- 68 Brazil 3.59 % change on previous year compare
- 69 Burkina Faso 3.58 % change on previous year 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), annual growth rate in India?
- Gross domestic product (gdp), annual growth rate in India was 3.7 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in India?
- The highest recorded value was 15.66 % change on previous year in 2010.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in India?
- The lowest recorded value was -6.83 % change on previous year in 1979.
- How does India rank for gross domestic product (gdp), annual growth rate?
- India ranks 66th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in India?
- Over the last ten years it is up 399.3%. 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.
Download this data
CSV · JSON — 73 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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
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.