Gross value added at basic prices (GVA) in India
India: Gross value added at basic prices (GVA) was 294.40 trillion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in India, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in India stood at 294.40 trillion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 7.7% on the previous year and up 75.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in India peaked at 294.40 trillion constant LCU in 2025 and was at its lowest, 11.23 trillion constant LCU, in 1960.
India ranks 7th of 198 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 value added at basic prices (GVA) in India, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 11.23 trillion constant LCU | — |
| 1961 | 11.58 trillion constant LCU | +3.1% |
| 1962 | 11.82 trillion constant LCU | +2.1% |
| 1963 | 12.42 trillion constant LCU | +5.1% |
| 1964 | 13.37 trillion constant LCU | +7.6% |
| 1965 | 12.88 trillion constant LCU | -3.7% |
| 1966 | 13.01 trillion constant LCU | +1.0% |
| 1967 | 14.07 trillion constant LCU | +8.1% |
| 1968 | 14.43 trillion constant LCU | +2.6% |
| 1969 | 15.37 trillion constant LCU | +6.5% |
| 1970 | 16.14 trillion constant LCU | +5.0% |
| 1971 | 16.31 trillion constant LCU | +1.0% |
| 1972 | 16.26 trillion constant LCU | -0.3% |
| 1973 | 17.00 trillion constant LCU | +4.6% |
| 1974 | 17.19 trillion constant LCU | +1.2% |
| 1975 | 18.74 trillion constant LCU | +9.0% |
| 1976 | 18.98 trillion constant LCU | +1.3% |
| 1977 | 20.39 trillion constant LCU | +7.5% |
| 1978 | 21.51 trillion constant LCU | +5.5% |
| 1979 | 20.40 trillion constant LCU | -5.2% |
| 1980 | 21.86 trillion constant LCU | +7.2% |
| 1981 | 23.09 trillion constant LCU | +5.6% |
| 1982 | 23.76 trillion constant LCU | +2.9% |
| 1983 | 25.63 trillion constant LCU | +7.9% |
| 1984 | 26.64 trillion constant LCU | +4.0% |
| 1985 | 27.75 trillion constant LCU | +4.2% |
| 1986 | 28.95 trillion constant LCU | +4.3% |
| 1987 | 29.97 trillion constant LCU | +3.5% |
| 1988 | 33.02 trillion constant LCU | +10.2% |
| 1989 | 35.04 trillion constant LCU | +6.1% |
| 1990 | 36.90 trillion constant LCU | +5.3% |
| 1991 | 37.42 trillion constant LCU | +1.4% |
| 1992 | 39.43 trillion constant LCU | +5.4% |
| 1993 | 41.67 trillion constant LCU | +5.7% |
| 1994 | 44.34 trillion constant LCU | +6.4% |
| 1995 | 47.57 trillion constant LCU | +7.3% |
| 1996 | 51.36 trillion constant LCU | +8.0% |
| 1997 | 53.57 trillion constant LCU | +4.3% |
| 1998 | 57.15 trillion constant LCU | +6.7% |
| 1999 | 61.73 trillion constant LCU | +8.0% |
| 2000 | 64.29 trillion constant LCU | +4.1% |
| 2001 | 67.75 trillion constant LCU | +5.4% |
| 2002 | 70.38 trillion constant LCU | +3.9% |
| 2003 | 75.98 trillion constant LCU | +8.0% |
| 2004 | 81.34 trillion constant LCU | +7.1% |
| 2005 | 88.08 trillion constant LCU | +8.3% |
| 2006 | 95.17 trillion constant LCU | +8.1% |
| 2007 | 102.20 trillion constant LCU | +7.4% |
| 2008 | 106.60 trillion constant LCU | +4.3% |
| 2009 | 113.91 trillion constant LCU | +6.9% |
| 2010 | 123.06 trillion constant LCU | +8.0% |
| 2011 | 129.49 trillion constant LCU | +5.2% |
| 2012 | 136.50 trillion constant LCU | +5.4% |
| 2013 | 144.77 trillion constant LCU | +6.1% |
| 2014 | 155.13 trillion constant LCU | +7.2% |
| 2015 | 167.58 trillion constant LCU | +8.0% |
| 2016 | 180.94 trillion constant LCU | +8.0% |
| 2017 | 192.21 trillion constant LCU | +6.2% |
| 2018 | 203.39 trillion constant LCU | +5.8% |
| 2019 | 211.41 trillion constant LCU | +3.9% |
| 2020 | 202.65 trillion constant LCU | -4.1% |
| 2021 | 221.65 trillion constant LCU | +9.4% |
| 2022 | 237.64 trillion constant LCU | +7.2% |
| 2023 | 254.81 trillion constant LCU | +7.2% |
| 2024 | 273.37 trillion constant LCU | +7.3% |
| 2025 | 294.40 trillion constant LCU | +7.7% |
India compared with similar countries
- India's 294.40 trillion constant LCU is above the median for lower middle income countries, which is 664.36 billion constant LCU, 443.1× the median. (47 countries reporting)
- India's 294.40 trillion constant LCU is above the median for South Asia, which is 7.34 trillion constant LCU, 40.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.02 trillion constant LCU | 11.23 trillion constant LCU | 15.37 trillion constant LCU | 10 |
| 1970s | 18.29 trillion constant LCU | 16.14 trillion constant LCU | 21.51 trillion constant LCU | 10 |
| 1980s | 27.57 trillion constant LCU | 21.86 trillion constant LCU | 35.04 trillion constant LCU | 10 |
| 1990s | 47.11 trillion constant LCU | 36.90 trillion constant LCU | 61.73 trillion constant LCU | 10 |
| 2000s | 86.57 trillion constant LCU | 64.29 trillion constant LCU | 113.91 trillion constant LCU | 10 |
| 2010s | 164.45 trillion constant LCU | 123.06 trillion constant LCU | 211.41 trillion constant LCU | 10 |
| 2020s | 247.42 trillion constant LCU | 202.65 trillion constant LCU | 294.40 trillion constant LCU | 6 |
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 value added at basic prices (gva) in India?
- Gross value added at basic prices (gva) in India was 294.40 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in India?
- The highest recorded value was 294.40 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in India?
- The lowest recorded value was 11.23 trillion constant LCU in 1960.
- How does India rank for gross value added at basic prices (gva)?
- India ranks 7th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in India?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.