Value of imported goods as a share of GDP in India
India: Value of imported goods as a share of GDP was 19.1% in 2024. ◆ Volatile
Value of imported goods as a share of GDP in India, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, value of imported goods as a share of gdp in India stood at 19.1%.
The figure is up 0.3% on the previous year and down 14.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in India peaked at 26.8% in 2012 and was at its lowest, 2.7%, in 1972.
That places India 159th out of 201 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods as a share of GDP in India, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 5.3% | — |
| 1961 | 4.9% | -8.0% |
| 1962 | 4.9% | +0.6% |
| 1963 | 4.6% | -7.1% |
| 1964 | 4.3% | -6.2% |
| 1965 | 4.1% | -4.6% |
| 1966 | 5.4% | +33.0% |
| 1967 | 4.8% | -11.0% |
| 1968 | 4.3% | -10.6% |
| 1969 | 3.4% | -22.4% |
| 1970 | 3.1% | -8.2% |
| 1971 | 3.3% | +5.8% |
| 1972 | 2.7% | -16.3% |
| 1973 | 3.4% | +23.9% |
| 1974 | 4.6% | +37.3% |
| 1975 | 5.7% | +22.4% |
| 1976 | 4.6% | -19.2% |
| 1977 | 4.9% | +6.6% |
| 1978 | 4.9% | +0.0% |
| 1979 | 5.6% | +15.4% |
| 1980 | 7.2% | +28.5% |
| 1981 | 6.8% | -6.7% |
| 1982 | 7.0% | +3.4% |
| 1983 | 5.7% | -18.0% |
| 1984 | 6.2% | +8.8% |
| 1985 | 6.1% | -1.3% |
| 1986 | 5.2% | -15.8% |
| 1987 | 5.1% | -1.2% |
| 1988 | 5.4% | +6.2% |
| 1989 | 5.5% | +1.7% |
| 1990 | 6.8% | +24.0% |
| 1991 | 5.7% | -16.1% |
| 1992 | 7.4% | +28.9% |
| 1993 | 6.9% | -6.4% |
| 1994 | 7.4% | +7.1% |
| 1995 | 8.6% | +15.7% |
| 1996 | 8.7% | +1.9% |
| 1997 | 9.8% | +12.3% |
| 1998 | 10.0% | +1.8% |
| 1999 | 10.4% | +4.4% |
| 2000 | 8.2% | -21.2% |
| 2001 | 7.4% | -9.4% |
| 2002 | 8.2% | +9.4% |
| 2003 | 8.9% | +8.9% |
| 2004 | 10.2% | +14.4% |
| 2005 | 12.0% | +18.6% |
| 2006 | 17.5% | +45.7% |
| 2007 | 19.2% | +9.4% |
| 2008 | 26.6% | +38.9% |
| 2009 | 19.1% | -28.3% |
| 2010 | 20.8% | +8.9% |
| 2011 | 25.3% | +21.6% |
| 2012 | 26.8% | +5.7% |
| 2013 | 25.1% | -6.2% |
| 2014 | 22.2% | -11.4% |
| 2015 | 18.2% | -18.0% |
| 2016 | 15.2% | -16.8% |
| 2017 | 16.4% | +8.1% |
| 2018 | 18.7% | +14.1% |
| 2019 | 16.9% | -9.7% |
| 2020 | 13.8% | -18.7% |
| 2021 | 18.0% | +30.8% |
| 2022 | 22.5% | +25.2% |
| 2023 | 19.0% | -15.5% |
| 2024 | 19.1% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.6% | 3.4% | 5.4% | 10 |
| 1970s | 4.3% | 2.7% | 5.7% | 10 |
| 1980s | 6.0% | 5.1% | 7.2% | 10 |
| 1990s | 8.2% | 5.7% | 10.4% | 10 |
| 2000s | 13.7% | 7.4% | 26.6% | 10 |
| 2010s | 20.6% | 15.2% | 26.8% | 10 |
| 2020s | 18.5% | 13.8% | 22.5% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 8.95 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 49.49 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 133,743 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7.67 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.556 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,503 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 5.61 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6744 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in India?
- Value of imported goods as a share of gdp in India was 19.1% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in India?
- The highest recorded value was 26.8% in 2012.
- What is the lowest value of imported goods as a share of gdp recorded in India?
- The lowest recorded value was 2.7% in 1972.
- How does India rank for value of imported goods as a share of gdp?
- India ranks 159th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in India?
- Over the last ten years it is down 14.2%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).