Gross Domestic Product — Value US$ in India
India: Gross Domestic Product — Value US$ was 3.88 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in India is 3.88 million million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 8.5% on the previous year and up 89.9% over ten years.
Over the whole period, gross domestic product — value us$ in India peaked at 3.88 million million USD in 2024 and was at its lowest, 62,422 million USD, in 1970.
India ranks 5th of 236 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 US$ in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 62,422 million USD | — |
| 1971 | 66,898 million USD | +7.2% |
| 1972 | 72,744 million USD | +8.7% |
| 1973 | 86,851 million USD | +19.4% |
| 1974 | 97,978 million USD | +12.8% |
| 1975 | 101,735 million USD | +3.8% |
| 1976 | 102,464 million USD | +0.7% |
| 1977 | 119,039 million USD | +16.2% |
| 1978 | 137,524 million USD | +15.5% |
| 1979 | 152,062 million USD | +10.6% |
| 1980 | 187,033 million USD | +23.0% |
| 1981 | 199,544 million USD | +6.7% |
| 1982 | 204,391 million USD | +2.4% |
| 1983 | 222,870 million USD | +9.0% |
| 1984 | 221,946 million USD | -0.4% |
| 1985 | 230,043 million USD | +3.6% |
| 1986 | 252,454 million USD | +9.7% |
| 1987 | 279,184 million USD | +10.6% |
| 1988 | 308,515 million USD | +10.5% |
| 1989 | 304,014 million USD | -1.5% |
| 1990 | 329,139 million USD | +8.3% |
| 1991 | 291,200 million USD | -11.5% |
| 1992 | 293,693 million USD | +0.9% |
| 1993 | 287,274 million USD | -2.2% |
| 1994 | 327,526 million USD | +14.0% |
| 1995 | 371,783 million USD | +13.5% |
| 1996 | 393,647 million USD | +5.9% |
| 1997 | 425,545 million USD | +8.1% |
| 1998 | 429,550 million USD | +0.9% |
| 1999 | 461,791 million USD | +7.5% |
| 2000 | 476,148 million USD | +3.1% |
| 2001 | 490,659 million USD | +3.0% |
| 2002 | 512,775 million USD | +4.5% |
| 2003 | 599,470 million USD | +16.9% |
| 2004 | 703,129 million USD | +17.3% |
| 2005 | 823,612 million USD | +17.1% |
| 2006 | 939,066 million USD | +14.0% |
| 2007 | 1.18 million million USD | +26.2% |
| 2008 | 1.27 million million USD | +7.0% |
| 2009 | 1.32 million million USD | +3.8% |
| 2010 | 1.67 million million USD | +26.9% |
| 2011 | 1.87 million million USD | +12.1% |
| 2012 | 1.86 million million USD | -0.6% |
| 2013 | 1.92 million million USD | +3.0% |
| 2014 | 2.04 million million USD | +6.6% |
| 2015 | 2.15 million million USD | +5.1% |
| 2016 | 2.29 million million USD | +6.7% |
| 2017 | 2.62 million million USD | +14.6% |
| 2018 | 2.76 million million USD | +5.3% |
| 2019 | 2.85 million million USD | +3.3% |
| 2020 | 2.68 million million USD | -6.1% |
| 2021 | 3.19 million million USD | +19.1% |
| 2022 | 3.43 million million USD | +7.4% |
| 2023 | 3.58 million million USD | +4.3% |
| 2024 | 3.88 million million USD | +8.5% |
India compared with similar countries
- India's 3.88 million million USD is above the median for lower middle income countries, which is 26,175 million USD, 148.2× the median. (44 countries reporting)
- India's 3.88 million million USD is above the median for South Asia, which is 71,366 million USD, 54.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 99,972 million USD | 62,422 million USD | 152,062 million USD | 10 |
| 1980s | 240,999 million USD | 187,033 million USD | 308,515 million USD | 10 |
| 1990s | 361,115 million USD | 287,274 million USD | 461,791 million USD | 10 |
| 2000s | 831,228 million USD | 476,148 million USD | 1.32 million million USD | 10 |
| 2010s | 2.20 million million USD | 1.67 million million USD | 2.85 million million USD | 10 |
| 2020s | 3.35 million million USD | 2.68 million million USD | 3.88 million million USD | 5 |
Countries ranked near India
- 2 China, mainland 19.09 million million USD compare
- 3 Germany 4.66 million million USD compare
- 4 Japan 4.02 million million USD compare
- 6 United Kingdom of Great Britain and Northern Ireland 3.66 million million USD compare
- 6 United Kingdom 3.66 million million USD compare
- 8 France 3.16 million million USD 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0033 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in India?
- Gross domestic product — value us$ in India was 3.88 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in India?
- The highest recorded value was 3.88 million million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in India?
- The lowest recorded value was 62,422 million USD in 1970.
- How does India rank for gross domestic product — value us$?
- India ranks 5th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in India?
- Over the last ten years it is up 89.9%. 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 US$. Statizoid updates them automatically from the source API.
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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).