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

Latest (2023)
3.42 Percentage points
Change on year
down 24.9%
World rank
1st
of 34 countries
All-time high
7.39 Percentage points
in 1980
All-time low
-3.22 Percentage points
in 2020
Years of data
54
1970–2023

NAAG Chapter 3A: Components of aggregate demand — Final consumption in India, 1970–2023

-2.502.557.5197019962023

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

Annual values for NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth in India, 1970 to 2023.
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

DecadeAverage LowestHighest 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

  1. 1 Türkiye 2.19 Percentage points compare
  2. 2 Poland 2.11 Percentage points compare
  3. 2 Indonesia 2.76 Percentage points compare
  4. 3 Costa Rica 2.55 Percentage points compare
  5. 3 Lithuania 1.17 Percentage points compare
  6. 4 South Africa 2.3 Percentage points compare
  7. 4 Slovenia 0.895 Percentage points compare

See the full ranking of 45 places →

More economy & growth data for India

All data for India →

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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NAAG Chapter 3A: Components of aggregate demand — Final consumption in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/naag-chapter-3a-components-of-aggregate-demand-final-consumption-expenditure-of/india/

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About this data

Indicator
NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of households and NPISH contribution to GDP growth
Unit
Percentage points
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
45 places, 1,786 data points, 1970–2025
Last refreshed

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.