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

Latest (2025)
294.40 trillion constant LCU
Change on year
up 7.7%
World rank
7th
of 198 countries
All-time high
294.40 trillion constant LCU
in 2025
All-time low
11.23 trillion constant LCU
in 1960
Years of data
66
1960–2025

Gross value added at basic prices (GVA) in India, 1960–2025

0100.0T200.0T300.0T196019922025

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

Annual values for Gross value added at basic prices (GVA) (constant LCU) in India, 1960 to 2025.
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

DecadeAverage LowestHighest 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

  1. 4 South Korea 2,149.32 trillion constant LCU compare
  2. 5 Colombia 918.73 trillion constant LCU compare
  3. 6 Japan 587.58 trillion constant LCU compare
  4. 8 Paraguay 232.45 trillion constant LCU compare
  5. 9 Nigeria 221.55 trillion constant LCU compare
  6. 10 Uzbekistan 209.64 trillion constant LCU compare

See the full ranking of 199 places →

More economy & growth data for India

All data for India →

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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Gross value added at basic prices (GVA) in India. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu/india/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,364 data points, 1960–2025
Last refreshed

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.