Services, value added (constant LCU), annual growth rate in India
India: Services, value added (constant LCU), annual growth rate was 8.97 % change on previous year in 2025. ▲ Rising
Latest (2025)
8.97 % change on previous year
Change on year
up 13.9%
World rank
9th
of 196 countries
All-time high
12.5 % change on previous year
in 1999
All-time low
-8.35 % change on previous year
in 2020
Years of data
65
1961–2025
Services, value added (constant LCU), annual growth rate in India, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (constant lcu), annual growth rate in India stood at 8.97 % change on previous year.
That represents a change of up 13.9% on the previous year and down 5.0% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in India peaked at 12.5 % change on previous year in 1999 and was at its lowest, -8.35 % change on previous year, in 2020.
That places India 9th out of 196 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Services, value added (constant LCU), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.9 % change on previous year | — |
| 1962 | 5.39 % change on previous year | +10.0% |
| 1963 | 5.52 % change on previous year | +2.3% |
| 1964 | 5.35 % change on previous year | -3.0% |
| 1965 | 2.89 % change on previous year | -46.0% |
| 1966 | 3.14 % change on previous year | +8.5% |
| 1967 | 3.67 % change on previous year | +17.2% |
| 1968 | 4.42 % change on previous year | +20.2% |
| 1969 | 4.96 % change on previous year | +12.3% |
| 1970 | 4.73 % change on previous year | -4.7% |
| 1971 | 3.88 % change on previous year | -18.0% |
| 1972 | 3.09 % change on previous year | -20.4% |
| 1973 | 3.3 % change on previous year | +7.0% |
| 1974 | 3.77 % change on previous year | +14.1% |
| 1975 | 6.1 % change on previous year | +62.0% |
| 1976 | 4.6 % change on previous year | -24.5% |
| 1977 | 4.65 % change on previous year | +1.1% |
| 1978 | 6.3 % change on previous year | +35.4% |
| 1979 | 2.59 % change on previous year | -58.8% |
| 1980 | 3.45 % change on previous year | +33.0% |
| 1981 | 5.68 % change on previous year | +64.5% |
| 1982 | 7.5 % change on previous year | +32.0% |
| 1983 | 6.41 % change on previous year | -14.4% |
| 1984 | 6.58 % change on previous year | +2.5% |
| 1985 | 7.83 % change on previous year | +19.1% |
| 1986 | 8.05 % change on previous year | +2.8% |
| 1987 | 6.88 % change on previous year | -14.5% |
| 1988 | 7.36 % change on previous year | +7.0% |
| 1989 | 8.75 % change on previous year | +18.8% |
| 1990 | 5.55 % change on previous year | -36.5% |
| 1991 | 5.43 % change on previous year | -2.2% |
| 1992 | 5.88 % change on previous year | +8.3% |
| 1993 | 7.75 % change on previous year | +31.9% |
| 1994 | 5.05 % change on previous year | -34.8% |
| 1995 | 9.17 % change on previous year | +81.5% |
| 1996 | 6.76 % change on previous year | -26.3% |
| 1997 | 9 % change on previous year | +33.2% |
| 1998 | 8.21 % change on previous year | -8.7% |
| 1999 | 12.5 % change on previous year | +52.1% |
| 2000 | 5.11 % change on previous year | -59.1% |
| 2001 | 6.25 % change on previous year | +22.4% |
| 2002 | 6.35 % change on previous year | +1.6% |
| 2003 | 7.35 % change on previous year | +15.8% |
| 2004 | 8.26 % change on previous year | +12.4% |
| 2005 | 9.12 % change on previous year | +10.4% |
| 2006 | 7.04 % change on previous year | -22.8% |
| 2007 | 7.78 % change on previous year | +10.5% |
| 2008 | 6.52 % change on previous year | -16.2% |
| 2009 | 8.68 % change on previous year | +33.1% |
| 2010 | 7.84 % change on previous year | -9.7% |
| 2011 | 5.86 % change on previous year | -25.2% |
| 2012 | 8.33 % change on previous year | +42.1% |
| 2013 | 7.66 % change on previous year | -8.1% |
| 2014 | 9.81 % change on previous year | +28.1% |
| 2015 | 9.44 % change on previous year | -3.8% |
| 2016 | 8.46 % change on previous year | -10.3% |
| 2017 | 6.34 % change on previous year | -25.0% |
| 2018 | 7.17 % change on previous year | +13.1% |
| 2019 | 6.43 % change on previous year | -10.4% |
| 2020 | -8.35 % change on previous year | -229.9% |
| 2021 | 9.18 % change on previous year | -209.9% |
| 2022 | 10.33 % change on previous year | +12.5% |
| 2023 | 7.02 % change on previous year | -32.0% |
| 2024 | 7.87 % change on previous year | +12.1% |
| 2025 | 8.97 % change on previous year | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.47 % change on previous year | 2.89 % change on previous year | 5.52 % change on previous year | 9 |
| 1970s | 4.3 % change on previous year | 2.59 % change on previous year | 6.3 % change on previous year | 10 |
| 1980s | 6.85 % change on previous year | 3.45 % change on previous year | 8.75 % change on previous year | 10 |
| 1990s | 7.53 % change on previous year | 5.05 % change on previous year | 12.5 % change on previous year | 10 |
| 2000s | 7.24 % change on previous year | 5.11 % change on previous year | 9.12 % change on previous year | 10 |
| 2010s | 7.73 % change on previous year | 5.86 % change on previous year | 9.81 % change on previous year | 10 |
| 2020s | 5.84 % change on previous year | -8.35 % change on previous year | 10.33 % change on previous year | 6 |
Countries ranked near India
- 6 Georgia 10.59 % change on previous year compare
- 7 South Sudan 10.38 % change on previous year compare
- 8 Macau, China 9.04 % change on previous year compare
- 10 Palau 8.91 % change on previous year compare
- 11 Niger 8.86 % change on previous year compare
- 12 Viet Nam 8.62 % change on previous year 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1347 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 364.05 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 11.76 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 31,792 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1505 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 406.63 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 32,680 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.33 % change on previous year (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in India?
- Services, value added (constant lcu), annual growth rate in India was 8.97 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in India?
- The highest recorded value was 12.5 % change on previous year in 1999.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in India?
- The lowest recorded value was -8.35 % change on previous year in 2020.
- How does India rank for services, value added (constant lcu), annual growth rate?
- India ranks 9th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in India?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.