Services, value added (current LCU), annual growth rate in India
India: Services, value added (current LCU), annual growth rate was 11.71 % change on previous year in 2025. ▲ Rising
Latest (2025)
11.71 % change on previous year
Change on year
up 10.2%
World rank
46th
of 204 countries
All-time high
20.43 % change on previous year
in 1974
All-time low
-5.49 % change on previous year
in 2020
Years of data
65
1961–2025
Services, value added (current LCU), annual growth rate in India, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
India recorded 11.71 % change on previous year for services, value added (current lcu), annual growth rate in 2025.
The figure is up 10.2% on the previous year and up 12.9% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in India peaked at 20.43 % change on previous year in 1974 and was at its lowest, -5.49 % change on previous year, in 2020.
That places India 46th out of 204 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Services, value added (current LCU), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.7 % change on previous year | — |
| 1962 | 11.98 % change on previous year | +154.9% |
| 1963 | 9.56 % change on previous year | -20.2% |
| 1964 | 11.27 % change on previous year | +17.9% |
| 1965 | 8.67 % change on previous year | -23.1% |
| 1966 | 10.21 % change on previous year | +17.8% |
| 1967 | 11.17 % change on previous year | +9.4% |
| 1968 | 7.25 % change on previous year | -35.2% |
| 1969 | 7.75 % change on previous year | +7.0% |
| 1970 | 9.11 % change on previous year | +17.5% |
| 1971 | 9.37 % change on previous year | +2.9% |
| 1972 | 9.36 % change on previous year | -0.1% |
| 1973 | 12.89 % change on previous year | +37.8% |
| 1974 | 20.43 % change on previous year | +58.4% |
| 1975 | 12.23 % change on previous year | -40.1% |
| 1976 | 9.78 % change on previous year | -20.0% |
| 1977 | 9.69 % change on previous year | -1.0% |
| 1978 | 9.18 % change on previous year | -5.2% |
| 1979 | 11.49 % change on previous year | +25.2% |
| 1980 | 13.28 % change on previous year | +15.5% |
| 1981 | 17.71 % change on previous year | +33.4% |
| 1982 | 15.24 % change on previous year | -13.9% |
| 1983 | 15.21 % change on previous year | -0.2% |
| 1984 | 14.97 % change on previous year | -1.6% |
| 1985 | 15.04 % change on previous year | +0.5% |
| 1986 | 14.6 % change on previous year | -2.9% |
| 1987 | 15.09 % change on previous year | +3.4% |
| 1988 | 16.57 % change on previous year | +9.8% |
| 1989 | 16.24 % change on previous year | -2.0% |
| 1990 | 16.21 % change on previous year | -0.2% |
| 1991 | 17.25 % change on previous year | +6.4% |
| 1992 | 15.32 % change on previous year | -11.2% |
| 1993 | 16.84 % change on previous year | +9.9% |
| 1994 | 14.27 % change on previous year | -15.2% |
| 1995 | 18.43 % change on previous year | +29.1% |
| 1996 | 15.27 % change on previous year | -17.2% |
| 1997 | 14.81 % change on previous year | -3.0% |
| 1998 | 17.78 % change on previous year | +20.0% |
| 1999 | 17.31 % change on previous year | -2.6% |
| 2000 | 9.59 % change on previous year | -44.6% |
| 2001 | 10.92 % change on previous year | +13.8% |
| 2002 | 9.92 % change on previous year | -9.1% |
| 2003 | 11.97 % change on previous year | +20.7% |
| 2004 | 12.6 % change on previous year | +5.2% |
| 2005 | 14.84 % change on previous year | +17.8% |
| 2006 | 16.09 % change on previous year | +8.4% |
| 2007 | 15.05 % change on previous year | -6.5% |
| 2008 | 17.36 % change on previous year | +15.4% |
| 2009 | 15.71 % change on previous year | -9.5% |
| 2010 | 17.44 % change on previous year | +11.0% |
| 2011 | 15.47 % change on previous year | -11.3% |
| 2012 | 15.98 % change on previous year | +3.3% |
| 2013 | 13.94 % change on previous year | -12.8% |
| 2014 | 13.66 % change on previous year | -2.0% |
| 2015 | 10.37 % change on previous year | -24.1% |
| 2016 | 11.68 % change on previous year | +12.7% |
| 2017 | 10.85 % change on previous year | -7.1% |
| 2018 | 12.35 % change on previous year | +13.8% |
| 2019 | 10 % change on previous year | -19.0% |
| 2020 | -5.49 % change on previous year | -154.8% |
| 2021 | 18.64 % change on previous year | -439.9% |
| 2022 | 9.12 % change on previous year | -51.1% |
| 2023 | 11.95 % change on previous year | +31.0% |
| 2024 | 10.63 % change on previous year | -11.0% |
| 2025 | 11.71 % change on previous year | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.17 % change on previous year | 4.7 % change on previous year | 11.98 % change on previous year | 9 |
| 1970s | 11.35 % change on previous year | 9.11 % change on previous year | 20.43 % change on previous year | 10 |
| 1980s | 15.39 % change on previous year | 13.28 % change on previous year | 17.71 % change on previous year | 10 |
| 1990s | 16.35 % change on previous year | 14.27 % change on previous year | 18.43 % change on previous year | 10 |
| 2000s | 13.4 % change on previous year | 9.59 % change on previous year | 17.36 % change on previous year | 10 |
| 2010s | 13.17 % change on previous year | 10 % change on previous year | 17.44 % change on previous year | 10 |
| 2020s | 9.43 % change on previous year | -5.49 % change on previous year | 18.64 % change on previous year | 6 |
Countries ranked near India
- 43 Yemen 12.22 % change on previous year compare
- 44 Guinea 12.17 % change on previous year compare
- 45 Bangladesh 11.78 % change on previous year compare
- 47 Guinea-Bissau 11.71 % change on previous year compare
- 48 Mongolia 11.5 % change on previous year compare
- 49 San Marino 11.34 % 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)
- Services, value added (current US$), annual growth rate 8.19 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4934 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,333 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 43.09 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 116,437 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 8.97 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4642 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 1,255 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in India?
- Services, value added (current lcu), annual growth rate in India was 11.71 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in India?
- The highest recorded value was 20.43 % change on previous year in 1974.
- What is the lowest services, value added (current lcu), annual growth rate recorded in India?
- The lowest recorded value was -5.49 % change on previous year in 2020.
- How does India rank for services, value added (current lcu), annual growth rate?
- India ranks 46th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in India?
- Over the last ten years it is up 12.9%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.