Gross domestic product (GDP), Constant prices, Purchasing power in India

India: Gross domestic product (GDP), Constant prices, Purchasing power was 4.23 % change on previous year in 2019. ◆ Volatile

Latest (2019)
4.23 % change on previous year
Change on year
down 30.9%
World rank
58th
of 193 countries
All-time high
11.2 % change on previous year
in 1969
All-time low
-5.24 % change on previous year
in 1979
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in India, 1961–2019

-50510196119902019

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

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in India stood at 4.23 % change on previous year.

That represents a change of down 30.9% on the previous year and down 46.2% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in India peaked at 11.2 % change on previous year in 1969 and was at its lowest, -5.24 % change on previous year, in 1979.

India ranks 58th of 193 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), Constant prices, Purchasing power in India, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in India, 1961 to 2019.
Year % change on previous year Change
1961 3.59 % change on previous year —
1962 3.33 % change on previous year -7.0%
1963 6.57 % change on previous year +97.0%
1964 7.43 % change on previous year +13.1%
1965 -2.14 % change on previous year -128.8%
1966 -0.3851 % change on previous year -82.0%
1967 7.94 % change on previous year -2161.3%
1968 5.09 % change on previous year -35.8%
1969 11.2 % change on previous year +119.9%
1970 1.55 % change on previous year -86.2%
1971 1.64 % change on previous year +6.1%
1972 -0.5533 % change on previous year -133.7%
1973 3.3 % change on previous year -695.6%
1974 1.19 % change on previous year -64.0%
1975 9.15 % change on previous year +671.9%
1976 1.66 % change on previous year -81.8%
1977 7.25 % change on previous year +336.2%
1978 5.71 % change on previous year -21.3%
1979 -5.24 % change on previous year -191.7%
1980 6.74 % change on previous year -228.6%
1981 6.01 % change on previous year -10.8%
1982 3.48 % change on previous year -42.1%
1983 7.29 % change on previous year +109.7%
1984 3.82 % change on previous year -47.6%
1985 5.25 % change on previous year +37.5%
1986 4.78 % change on previous year -9.1%
1987 3.97 % change on previous year -17.0%
1988 9.63 % change on previous year +142.8%
1989 5.95 % change on previous year -38.2%
1990 5.53 % change on previous year -7.0%
1991 1.06 % change on previous year -80.9%
1992 5.48 % change on previous year +418.4%
1993 4.75 % change on previous year -13.3%
1994 6.66 % change on previous year +40.2%
1995 7.57 % change on previous year +13.7%
1996 7.55 % change on previous year -0.3%
1997 4.05 % change on previous year -46.4%
1998 6.18 % change on previous year +52.7%
1999 8.85 % change on previous year +43.0%
2000 3.84 % change on previous year -56.6%
2001 4.82 % change on previous year +25.6%
2002 3.8 % change on previous year -21.1%
2003 7.86 % change on previous year +106.6%
2004 7.92 % change on previous year +0.8%
2005 7.92 % change on previous year +0.0%
2006 8.06 % change on previous year +1.7%
2007 7.66 % change on previous year -5.0%
2008 3.09 % change on previous year -59.7%
2009 7.86 % change on previous year +154.7%
2010 8.5 % change on previous year +8.1%
2011 5.24 % change on previous year -38.3%
2012 5.46 % change on previous year +4.1%
2013 6.39 % change on previous year +17.0%
2014 7.41 % change on previous year +16.0%
2015 8 % change on previous year +7.9%
2016 8.26 % change on previous year +3.3%
2017 7.04 % change on previous year -14.7%
2018 6.12 % change on previous year -13.1%
2019 4.23 % change on previous year -30.9%

India compared with similar countries

  • India's 4.23 % change on previous year is above the median for lower middle income countries, which is 3.7 % change on previous year, 1.1× the median. (46 countries reporting)
  • India's 4.23 % change on previous year is below the median for South Asia, which is 5.61 % change on previous year, 75% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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
1967 +2161.3% -0.3851 % change on previous year 7.94 % change on previous year
1973 +695.6% -0.5533 % change on previous year 3.3 % change on previous year
1975 +671.9% 1.19 % change on previous year 9.15 % change on previous year
1992 +418.4% 1.06 % change on previous year 5.48 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.74 % change on previous year -2.14 % change on previous year 11.2 % change on previous year 9
1970s 2.57 % change on previous year -5.24 % change on previous year 9.15 % change on previous year 10
1980s 5.69 % change on previous year 3.48 % change on previous year 9.63 % change on previous year 10
1990s 5.77 % change on previous year 1.06 % change on previous year 8.85 % change on previous year 10
2000s 6.28 % change on previous year 3.09 % change on previous year 8.06 % change on previous year 10
2010s 6.66 % change on previous year 4.23 % change on previous year 8.5 % change on previous year 10

Countries ranked near India

  1. 55 Lithuania 4.34 % change on previous year compare
  2. 56 Malaysia 4.3 % change on previous year compare
  3. 57 Serbia 4.25 % change on previous year compare
  4. 59 Romania 4.15 % change on previous year compare
  5. 60 Montenegro 4.06 % change on previous year compare
  6. 61 Afghanistan 4.03 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in India?
Gross domestic product (gdp), constant prices, purchasing power in India was 4.23 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in India?
The highest recorded value was 11.2 % change on previous year in 1969.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in India?
The lowest recorded value was -5.24 % change on previous year in 1979.
How does India rank for gross domestic product (gdp), constant prices, purchasing power?
India ranks 58th out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in India?
Over the last ten years it is down 46.2%. 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in India. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/india/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.