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

India: Gross domestic product (GDP), Constant prices, Purchasing power was 5.72 in 2031. ◆ Volatile

Latest (2031)
5.72
Change on year
up 0.7%
World rank
1st
of 37 countries
All-time high
8.79
in 2021
All-time low
-6.69
in 2020
Years of data
42
1990–2031

Gross domestic product (GDP), Constant prices, Purchasing power in India, 1990–2031

-505101990201020311990: 3.21991: -1.11992: 3.31993: 2.61994: 4.51995: 5.41996: 5.41997: 21998: 4.11999: 6.82000: 1.92001: 2.92002: 1.92003: 62004: 6.12005: 6.22006: 6.42007: 6.12008: 1.62009: 6.32010: 6.92011: 3.82012: 42013: 52014: 6.12015: 6.72016: 72017: 5.62018: 5.32019: 2.82020: -6.72021: 8.82022: 6.82023: 6.32024: 6.12025: 6.72026: 5.62027: 5.62028: 5.62029: 5.72030: 5.72031: 5.7

Source: International Monetary Fund.

Analysis

In 2031, gross domestic product (gdp), constant prices, purchasing power in India stood at 5.72.

Compared with earlier readings it is up 0.7% on the previous year and down 34.9% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in India peaked at 8.79 in 2021 and was at its lowest, -6.69, in 2020.

That places India 1st out of 37 countries with data for 2031, putting it in the top 10%.

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) per capita percent change (National Accounts Statistics (SNA)) in India, 1990 to 2031.
Year Value Change
1990 3.22
1991 -1.11 -134.4%
1992 3.26 -393.5%
1993 2.57 -21.0%
1994 4.5 +74.8%
1995 5.43 +20.7%
1996 5.42 -0.1%
1997 2.02 -62.7%
1998 4.15 +105.0%
1999 6.79 +63.8%
2000 1.91 -71.9%
2001 2.88 +51.0%
2002 1.94 -32.7%
2003 6.01 +209.5%
2004 6.1 +1.6%
2005 6.18 +1.3%
2006 6.38 +3.3%
2007 6.05 -5.2%
2008 1.61 -73.3%
2009 6.31 +291.2%
2010 6.93 +9.8%
2011 3.76 -45.7%
2012 4.02 +6.8%
2013 4.98 +23.9%
2014 6.06 +21.8%
2015 6.72 +10.7%
2016 6.97 +3.8%
2017 5.56 -20.3%
2018 5.29 -4.8%
2019 2.8 -47.2%
2020 -6.69 -339.2%
2021 8.79 -231.4%
2022 6.76 -23.1%
2023 6.27 -7.3%
2024 6.15 -1.9%
2025 6.67 +8.4%
2026 5.56 -16.6%
2027 5.63 +1.3%
2028 5.63 -0.0%
2029 5.68 +0.8%
2030 5.69 +0.2%
2031 5.72 +0.7%

India compared with similar countries

  • India's 5.72 is above the median for lower middle income countries, which is 1.78, 3.2× the median. (12 countries reporting)
  • India's 5.72 is above the median for South Asia, which is 5.17, 1.1× 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
1992 +393.5% -1.11 3.26
2020 -339.2% 2.8 -6.69
2009 +291.2% 1.61 6.31
2021 +231.4% -6.69 8.79
2003 +209.5% 1.94 6.01

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.63 -1.11 6.79 10
2000s 4.54 1.61 6.38 10
2010s 5.31 2.8 6.97 10
2020s 5.04 -6.69 8.79 10
2030s 5.7 5.69 5.72 2

Countries ranked near India

  1. 2 Sri Lanka 5.59 compare
  2. 3 Bangladesh 5.22 compare
  3. 4 Nepal 5.11 compare

See the full ranking of 37 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 5.72 in 2031, according to International Monetary Fund.
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in India?
The highest recorded value was 8.79 in 2021.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in India?
The lowest recorded value was -6.69 in 2020.
How does India rank for gross domestic product (gdp), constant prices, purchasing power?
India ranks 1st out of 37 countries with data for 2031.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in India?
Over the last ten years it is down 34.9%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA)). 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 International Monetary Fund. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-per-capita-percent/india/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA))
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
37 places, 1,467 data points, 1990–2031
Last refreshed

APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.