Services, value added in India
India: Services, value added was 1.84 trillion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in India, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
India recorded 1.84 trillion constant 2015 US$ for services, value added in 2025. That is the highest value across all 66 years on record.
That represents a change of up 9.0% on the previous year and up 82.7% over ten years.
Over the whole period, services, value added in India peaked at 1.84 trillion constant 2015 US$ in 2025 and was at its lowest, 34.64 billion constant 2015 US$, in 1960.
That places India 6th out of 196 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in India, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 34.64 billion constant 2015 US$ | — |
| 1961 | 36.34 billion constant 2015 US$ | +4.9% |
| 1962 | 38.30 billion constant 2015 US$ | +5.4% |
| 1963 | 40.41 billion constant 2015 US$ | +5.5% |
| 1964 | 42.58 billion constant 2015 US$ | +5.4% |
| 1965 | 43.81 billion constant 2015 US$ | +2.9% |
| 1966 | 45.18 billion constant 2015 US$ | +3.1% |
| 1967 | 46.84 billion constant 2015 US$ | +3.7% |
| 1968 | 48.91 billion constant 2015 US$ | +4.4% |
| 1969 | 51.34 billion constant 2015 US$ | +5.0% |
| 1970 | 53.76 billion constant 2015 US$ | +4.7% |
| 1971 | 55.85 billion constant 2015 US$ | +3.9% |
| 1972 | 57.57 billion constant 2015 US$ | +3.1% |
| 1973 | 59.47 billion constant 2015 US$ | +3.3% |
| 1974 | 61.71 billion constant 2015 US$ | +3.8% |
| 1975 | 65.47 billion constant 2015 US$ | +6.1% |
| 1976 | 68.49 billion constant 2015 US$ | +4.6% |
| 1977 | 71.67 billion constant 2015 US$ | +4.7% |
| 1978 | 76.18 billion constant 2015 US$ | +6.3% |
| 1979 | 78.16 billion constant 2015 US$ | +2.6% |
| 1980 | 80.86 billion constant 2015 US$ | +3.4% |
| 1981 | 85.45 billion constant 2015 US$ | +5.7% |
| 1982 | 91.85 billion constant 2015 US$ | +7.5% |
| 1983 | 97.74 billion constant 2015 US$ | +6.4% |
| 1984 | 104.17 billion constant 2015 US$ | +6.6% |
| 1985 | 112.33 billion constant 2015 US$ | +7.8% |
| 1986 | 121.37 billion constant 2015 US$ | +8.1% |
| 1987 | 129.72 billion constant 2015 US$ | +6.9% |
| 1988 | 139.27 billion constant 2015 US$ | +7.4% |
| 1989 | 151.45 billion constant 2015 US$ | +8.7% |
| 1990 | 159.86 billion constant 2015 US$ | +5.5% |
| 1991 | 168.53 billion constant 2015 US$ | +5.4% |
| 1992 | 178.44 billion constant 2015 US$ | +5.9% |
| 1993 | 192.26 billion constant 2015 US$ | +7.7% |
| 1994 | 201.98 billion constant 2015 US$ | +5.1% |
| 1995 | 220.49 billion constant 2015 US$ | +9.2% |
| 1996 | 235.39 billion constant 2015 US$ | +6.8% |
| 1997 | 256.57 billion constant 2015 US$ | +9.0% |
| 1998 | 277.64 billion constant 2015 US$ | +8.2% |
| 1999 | 312.33 billion constant 2015 US$ | +12.5% |
| 2000 | 328.28 billion constant 2015 US$ | +5.1% |
| 2001 | 348.79 billion constant 2015 US$ | +6.2% |
| 2002 | 370.93 billion constant 2015 US$ | +6.3% |
| 2003 | 398.20 billion constant 2015 US$ | +7.4% |
| 2004 | 431.09 billion constant 2015 US$ | +8.3% |
| 2005 | 470.39 billion constant 2015 US$ | +9.1% |
| 2006 | 503.50 billion constant 2015 US$ | +7.0% |
| 2007 | 542.67 billion constant 2015 US$ | +7.8% |
| 2008 | 578.05 billion constant 2015 US$ | +6.5% |
| 2009 | 628.20 billion constant 2015 US$ | +8.7% |
| 2010 | 677.42 billion constant 2015 US$ | +7.8% |
| 2011 | 717.15 billion constant 2015 US$ | +5.9% |
| 2012 | 776.91 billion constant 2015 US$ | +8.3% |
| 2013 | 836.43 billion constant 2015 US$ | +7.7% |
| 2014 | 918.49 billion constant 2015 US$ | +9.8% |
| 2015 | 1.01 trillion constant 2015 US$ | +9.4% |
| 2016 | 1.09 trillion constant 2015 US$ | +8.5% |
| 2017 | 1.16 trillion constant 2015 US$ | +6.3% |
| 2018 | 1.24 trillion constant 2015 US$ | +7.2% |
| 2019 | 1.32 trillion constant 2015 US$ | +6.4% |
| 2020 | 1.21 trillion constant 2015 US$ | -8.4% |
| 2021 | 1.32 trillion constant 2015 US$ | +9.2% |
| 2022 | 1.46 trillion constant 2015 US$ | +10.3% |
| 2023 | 1.56 trillion constant 2015 US$ | +7.0% |
| 2024 | 1.69 trillion constant 2015 US$ | +7.9% |
| 2025 | 1.84 trillion constant 2015 US$ | +9.0% |
India compared with similar countries
- India's 1.84 trillion constant 2015 US$ is above the median for lower middle income countries, which is 12.91 billion constant 2015 US$, 142.3× the median. (46 countries reporting)
- India's 1.84 trillion constant 2015 US$ is above the median for South Asia, which is 37.47 billion constant 2015 US$, 49.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.83 billion constant 2015 US$ | 34.64 billion constant 2015 US$ | 51.34 billion constant 2015 US$ | 10 |
| 1970s | 64.83 billion constant 2015 US$ | 53.76 billion constant 2015 US$ | 78.16 billion constant 2015 US$ | 10 |
| 1980s | 111.42 billion constant 2015 US$ | 80.86 billion constant 2015 US$ | 151.45 billion constant 2015 US$ | 10 |
| 1990s | 220.35 billion constant 2015 US$ | 159.86 billion constant 2015 US$ | 312.33 billion constant 2015 US$ | 10 |
| 2000s | 460.01 billion constant 2015 US$ | 328.28 billion constant 2015 US$ | 628.20 billion constant 2015 US$ | 10 |
| 2010s | 974.62 billion constant 2015 US$ | 677.42 billion constant 2015 US$ | 1.32 trillion constant 2015 US$ | 10 |
| 2020s | 1.51 trillion constant 2015 US$ | 1.21 trillion constant 2015 US$ | 1.84 trillion constant 2015 US$ | 6 |
Countries ranked near India
- 3 United Kingdom 2.45 trillion constant 2015 US$ compare
- 4 Germany 2.43 trillion constant 2015 US$ compare
- 5 France 2.00 trillion constant 2015 US$ compare
- 7 Italy 1.36 trillion constant 2015 US$ compare
- 8 Brazil 1.31 trillion constant 2015 US$ compare
- 9 Canada 1.31 trillion constant 2015 US$ compare
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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is services, value added in India?
- Services, value added in India was 1.84 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in India?
- The highest recorded value was 1.84 trillion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in India?
- The lowest recorded value was 34.64 billion constant 2015 US$ in 1960.
- How does India rank for services, value added?
- India ranks 6th out of 196 countries with data for 2025.
- Is services, value added rising or falling in India?
- Over the last ten years it is up 82.7%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.