Taxes less subsidies on products (constant LCU), annual growth rate in India
India: Taxes less subsidies on products (constant LCU), annual growth rate was 6.25 % change on previous year in 2025. ◆ Volatile
Latest (2025)
6.25 % change on previous year
Change on year
up 18.8%
World rank
52nd
of 188 countries
All-time high
21.25 % change on previous year
in 2009
All-time low
-20.51 % change on previous year
in 2020
Years of data
65
1961–2025
Taxes less subsidies on products (constant LCU), annual growth rate in India, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (constant lcu), annual growth rate in India stood at 6.25 % change on previous year.
That represents a change of up 18.8% on the previous year and down 18.4% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in India peaked at 21.25 % change on previous year in 2009 and was at its lowest, -20.51 % change on previous year, in 2020.
That places India 52nd out of 188 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 13.99 % change on previous year | — |
| 1962 | 15.16 % change on previous year | +8.3% |
| 1963 | 18.38 % change on previous year | +21.2% |
| 1964 | 5.91 % change on previous year | -67.9% |
| 1965 | 9.58 % change on previous year | +62.1% |
| 1966 | -11.36 % change on previous year | -218.6% |
| 1967 | 4.08 % change on previous year | -135.9% |
| 1968 | 13.1 % change on previous year | +221.1% |
| 1969 | 6.8 % change on previous year | -48.1% |
| 1970 | 6.78 % change on previous year | -0.3% |
| 1971 | 8.67 % change on previous year | +27.9% |
| 1972 | -2.98 % change on previous year | -134.3% |
| 1973 | -10.02 % change on previous year | +236.8% |
| 1974 | 1.49 % change on previous year | -114.8% |
| 1975 | 10.94 % change on previous year | +635.2% |
| 1976 | 6.65 % change on previous year | -39.2% |
| 1977 | 4.79 % change on previous year | -28.0% |
| 1978 | 8.18 % change on previous year | +70.7% |
| 1979 | -5.66 % change on previous year | -169.2% |
| 1980 | 1.74 % change on previous year | -130.7% |
| 1981 | 10.62 % change on previous year | +512.2% |
| 1982 | 9.86 % change on previous year | -7.2% |
| 1983 | 1.16 % change on previous year | -88.2% |
| 1984 | 2.2 % change on previous year | +89.3% |
| 1985 | 18.11 % change on previous year | +724.6% |
| 1986 | 9.57 % change on previous year | -47.2% |
| 1987 | 8.22 % change on previous year | -14.1% |
| 1988 | 4.6 % change on previous year | -44.1% |
| 1989 | 4.09 % change on previous year | -11.0% |
| 1990 | 8.05 % change on previous year | +96.7% |
| 1991 | -2.64 % change on previous year | -132.8% |
| 1992 | 6.7 % change on previous year | -354.1% |
| 1993 | -4.72 % change on previous year | -170.3% |
| 1994 | 9.64 % change on previous year | -304.4% |
| 1995 | 10.71 % change on previous year | +11.1% |
| 1996 | 3.04 % change on previous year | -71.6% |
| 1997 | 1.25 % change on previous year | -58.9% |
| 1998 | 0.4691 % change on previous year | -62.5% |
| 1999 | 19.08 % change on previous year | +3967.6% |
| 2000 | 0.4525 % change on previous year | -97.6% |
| 2001 | -1.6 % change on previous year | -453.7% |
| 2002 | 2.9 % change on previous year | -281.2% |
| 2003 | 6.55 % change on previous year | +125.8% |
| 2004 | 18.85 % change on previous year | +187.9% |
| 2005 | 3.88 % change on previous year | -79.4% |
| 2006 | 8.14 % change on previous year | +109.4% |
| 2007 | 10.92 % change on previous year | +34.3% |
| 2008 | -10.86 % change on previous year | -199.4% |
| 2009 | 21.25 % change on previous year | -295.6% |
| 2010 | 13.99 % change on previous year | -34.2% |
| 2011 | 5.44 % change on previous year | -61.1% |
| 2012 | 5.87 % change on previous year | +7.9% |
| 2013 | 10.06 % change on previous year | +71.4% |
| 2014 | 10.13 % change on previous year | +0.7% |
| 2015 | 7.66 % change on previous year | -24.4% |
| 2016 | 11.21 % change on previous year | +46.3% |
| 2017 | 12.49 % change on previous year | +11.4% |
| 2018 | 12.56 % change on previous year | +0.5% |
| 2019 | 3.22 % change on previous year | -74.4% |
| 2020 | -20.51 % change on previous year | -737.8% |
| 2021 | 13.11 % change on previous year | -163.9% |
| 2022 | 11.76 % change on previous year | -10.3% |
| 2023 | 7.04 % change on previous year | -40.2% |
| 2024 | 5.26 % change on previous year | -25.2% |
| 2025 | 6.25 % change on previous year | +18.8% |
India compared with similar countries
- India's 6.25 % change on previous year is above the median for lower middle income countries, which is 4.35 % change on previous year, 1.4× the median. (46 countries reporting)
- India's 6.25 % change on previous year is below the median for South Asia, which is 8.01 % change on previous year, 78% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), annual growth rate in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +3967.6% | 0.4691 % change on previous year | 19.08 % change on previous year |
| 2020 | -737.8% | 3.22 % change on previous year | -20.51 % change on previous year |
| 1985 | +724.6% | 2.2 % change on previous year | 18.11 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.4 % change on previous year | -11.36 % change on previous year | 18.38 % change on previous year | 9 |
| 1970s | 2.88 % change on previous year | -10.02 % change on previous year | 10.94 % change on previous year | 10 |
| 1980s | 7.02 % change on previous year | 1.16 % change on previous year | 18.11 % change on previous year | 10 |
| 1990s | 5.16 % change on previous year | -4.72 % change on previous year | 19.08 % change on previous year | 10 |
| 2000s | 6.05 % change on previous year | -10.86 % change on previous year | 21.25 % change on previous year | 10 |
| 2010s | 9.26 % change on previous year | 3.22 % change on previous year | 13.99 % change on previous year | 10 |
| 2020s | 3.82 % change on previous year | -20.51 % change on previous year | 13.11 % change on previous year | 6 |
Countries ranked near India
- 49 Malta 6.38 % change on previous year compare
- 50 Nicaragua 6.38 % change on previous year compare
- 51 Kazakhstan 6.26 % change on previous year compare
- 53 Turks and Caicos Islands 6.22 % change on previous year compare
- 54 Vietnam 6.22 % change on previous year compare
- 55 Croatia 6.21 % 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)
- 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 taxes less subsidies on products (constant lcu), annual growth rate in India?
- Taxes less subsidies on products (constant lcu), annual growth rate in India was 6.25 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in India?
- The highest recorded value was 21.25 % change on previous year in 2009.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in India?
- The lowest recorded value was -20.51 % change on previous year in 2020.
- How does India rank for taxes less subsidies on products (constant lcu), annual growth rate?
- India ranks 52nd out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in India?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.