NAAG Chapter 3A: Components of aggregate demand — Final consumption in India
India: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 3.42 Percentage points in 2023. ◆ Volatile
NAAG Chapter 3A: Components of aggregate demand — Final consumption in India, 1970–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
India recorded 3.42 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2023.
That represents a change of down 24.9% on the previous year and down 17.1% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in India peaked at 7.39 Percentage points in 1980 and was at its lowest, -3.22 Percentage points, in 2020.
That places India 1st out of 34 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
NAAG Chapter 3A: Components of aggregate demand — Final consumption in India, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1970 | 2.87 Percentage points | — |
| 1971 | 1.64 Percentage points | -42.6% |
| 1972 | 0.5713 Percentage points | -65.3% |
| 1973 | 2.09 Percentage points | +266.5% |
| 1974 | -0.0637 Percentage points | -103.0% |
| 1975 | 4.95 Percentage points | -7874.9% |
| 1976 | 1.67 Percentage points | -66.3% |
| 1977 | 6.59 Percentage points | +294.9% |
| 1978 | 5 Percentage points | -24.1% |
| 1979 | -1.84 Percentage points | -136.9% |
| 1980 | 7.39 Percentage points | -500.8% |
| 1981 | 3.66 Percentage points | -50.5% |
| 1982 | 0.8255 Percentage points | -77.4% |
| 1983 | 6.34 Percentage points | +668.2% |
| 1984 | 2.36 Percentage points | -62.8% |
| 1985 | 3.38 Percentage points | +43.5% |
| 1986 | 2.52 Percentage points | -25.6% |
| 1987 | 2.5 Percentage points | -0.6% |
| 1988 | 4.45 Percentage points | +77.9% |
| 1989 | 3.47 Percentage points | -22.0% |
| 1990 | 3.04 Percentage points | -12.5% |
| 1991 | 1.44 Percentage points | -52.5% |
| 1992 | 1.73 Percentage points | +19.4% |
| 1993 | 2.85 Percentage points | +65.4% |
| 1994 | 3.18 Percentage points | +11.3% |
| 1995 | 3.94 Percentage points | +24.1% |
| 1996 | 4.94 Percentage points | +25.4% |
| 1997 | 1.93 Percentage points | -61.0% |
| 1998 | 4.15 Percentage points | +115.3% |
| 1999 | 3.87 Percentage points | -6.6% |
| 2000 | 2.2 Percentage points | -43.2% |
| 2001 | 3.79 Percentage points | +72.3% |
| 2002 | 1.84 Percentage points | -51.5% |
| 2003 | 3.73 Percentage points | +102.8% |
| 2004 | 3.17 Percentage points | -14.8% |
| 2005 | 5.04 Percentage points | +58.6% |
| 2006 | 4.87 Percentage points | -3.4% |
| 2007 | 5.32 Percentage points | +9.2% |
| 2008 | 4.05 Percentage points | -23.9% |
| 2009 | 4.2 Percentage points | +3.8% |
| 2010 | 4.89 Percentage points | +16.6% |
| 2011 | 5.1 Percentage points | +4.3% |
| 2012 | 3.08 Percentage points | -39.8% |
| 2013 | 4.12 Percentage points | +34.1% |
| 2014 | 3.69 Percentage points | -10.6% |
| 2015 | 4.61 Percentage points | +25.0% |
| 2016 | 4.8 Percentage points | +4.1% |
| 2017 | 3.7 Percentage points | -22.9% |
| 2018 | 4.16 Percentage points | +12.5% |
| 2019 | 3.06 Percentage points | -26.4% |
| 2020 | -3.22 Percentage points | -205.1% |
| 2021 | 7.13 Percentage points | -321.4% |
| 2022 | 4.55 Percentage points | -36.2% |
| 2023 | 3.42 Percentage points | -24.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.35 Percentage points | -1.84 Percentage points | 6.59 Percentage points | 10 |
| 1980s | 3.69 Percentage points | 0.8255 Percentage points | 7.39 Percentage points | 10 |
| 1990s | 3.11 Percentage points | 1.44 Percentage points | 4.94 Percentage points | 10 |
| 2000s | 3.82 Percentage points | 1.84 Percentage points | 5.32 Percentage points | 10 |
| 2010s | 4.12 Percentage points | 3.06 Percentage points | 5.1 Percentage points | 10 |
| 2020s | 2.97 Percentage points | -3.22 Percentage points | 7.13 Percentage points | 4 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 79.27 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 214,232 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8529 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,305 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 74.42 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is naag chapter 3a: components of aggregate demand — final consumption in India?
- Naag chapter 3a: components of aggregate demand — final consumption in India was 3.42 Percentage points in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in India?
- The highest recorded value was 7.39 Percentage points in 1980.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in India?
- The lowest recorded value was -3.22 Percentage points in 2020.
- How does India rank for naag chapter 3a: components of aggregate demand — final consumption?
- India ranks 1st out of 34 countries with data for 2023.
- Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in India?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.