Gross Domestic Product — Value Standard Local Currency in India
India: Gross Domestic Product — Value Standard Local Currency was 324.58 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in India is 324.58 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 9.9% on the previous year and up 160.3% over ten years.
Over the whole period, gross domestic product — value standard local currency in India peaked at 324.58 million million SLC in 2024 and was at its lowest, 468,169 million SLC, in 1970.
India ranks 11th of 218 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 — Value Standard Local Currency in India, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 468,169 million SLC | — |
| 1971 | 501,199 million SLC | +7.1% |
| 1972 | 552,453 million SLC | +10.2% |
| 1973 | 672,407 million SLC | +21.7% |
| 1974 | 793,779 million SLC | +18.1% |
| 1975 | 852,124 million SLC | +7.4% |
| 1976 | 918,117 million SLC | +7.7% |
| 1977 | 1.04 million million SLC | +13.3% |
| 1978 | 1.13 million million SLC | +8.3% |
| 1979 | 1.24 million million SLC | +9.7% |
| 1980 | 1.47 million million SLC | +19.0% |
| 1981 | 1.73 million million SLC | +17.5% |
| 1982 | 1.93 million million SLC | +11.9% |
| 1983 | 2.25 million million SLC | +16.5% |
| 1984 | 2.52 million million SLC | +12.0% |
| 1985 | 2.85 million million SLC | +12.8% |
| 1986 | 3.18 million million SLC | +11.9% |
| 1987 | 3.62 million million SLC | +13.7% |
| 1988 | 4.29 million million SLC | +18.7% |
| 1989 | 4.93 million million SLC | +14.9% |
| 1990 | 5.76 million million SLC | +16.8% |
| 1991 | 6.62 million million SLC | +15.0% |
| 1992 | 7.61 million million SLC | +14.9% |
| 1993 | 8.76 million million SLC | +15.1% |
| 1994 | 10.28 million million SLC | +17.3% |
| 1995 | 12.06 million million SLC | +17.3% |
| 1996 | 13.95 million million SLC | +15.7% |
| 1997 | 15.45 million million SLC | +10.8% |
| 1998 | 17.72 million million SLC | +14.7% |
| 1999 | 19.88 million million SLC | +12.2% |
| 2000 | 21.40 million million SLC | +7.6% |
| 2001 | 23.15 million million SLC | +8.2% |
| 2002 | 24.93 million million SLC | +7.7% |
| 2003 | 27.93 million million SLC | +12.0% |
| 2004 | 31.86 million million SLC | +14.1% |
| 2005 | 36.32 million million SLC | +14.0% |
| 2006 | 42.55 million million SLC | +17.1% |
| 2007 | 48.99 million million SLC | +15.1% |
| 2008 | 55.14 million million SLC | +12.6% |
| 2009 | 63.66 million million SLC | +15.5% |
| 2010 | 76.34 million million SLC | +19.9% |
| 2011 | 87.36 million million SLC | +14.4% |
| 2012 | 99.44 million million SLC | +13.8% |
| 2013 | 112.33 million million SLC | +13.0% |
| 2014 | 124.68 million million SLC | +11.0% |
| 2015 | 137.72 million million SLC | +10.5% |
| 2016 | 153.92 million million SLC | +11.8% |
| 2017 | 170.90 million million SLC | +11.0% |
| 2018 | 189.00 million million SLC | +10.6% |
| 2019 | 201.04 million million SLC | +6.4% |
| 2020 | 198.54 million million SLC | -1.2% |
| 2021 | 235.97 million million SLC | +18.9% |
| 2022 | 269.50 million million SLC | +14.2% |
| 2023 | 295.36 million million SLC | +9.6% |
| 2024 | 324.58 million million SLC | +9.9% |
India compared with similar countries
- India's 324.58 million million SLC is above the median for lower middle income countries, which is 1.54 million million SLC, 211.4× the median. (43 countries reporting)
- India's 324.58 million million SLC is above the median for South Asia, which is 17.91 million million SLC, 18.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 816,082 million SLC | 468,169 million SLC | 1.24 million million SLC | 10 |
| 1980s | 2.88 million million SLC | 1.47 million million SLC | 4.93 million million SLC | 10 |
| 1990s | 11.81 million million SLC | 5.76 million million SLC | 19.88 million million SLC | 10 |
| 2000s | 37.59 million million SLC | 21.40 million million SLC | 63.66 million million SLC | 10 |
| 2010s | 135.27 million million SLC | 76.34 million million SLC | 201.04 million million SLC | 10 |
| 2020s | 264.79 million million SLC | 198.54 million million SLC | 324.58 million million SLC | 5 |
Countries ranked near India
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 — value standard local currency in India?
- Gross domestic product — value standard local currency in India was 324.58 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in India?
- The highest recorded value was 324.58 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in India?
- The lowest recorded value was 468,169 million SLC in 1970.
- How does India rank for gross domestic product — value standard local currency?
- India ranks 11th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in India?
- Over the last ten years it is up 160.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).