Taxes less subsidies on products (constant LCU), per unit of GDP in India
India: Taxes less subsidies on products (constant LCU), per unit of GDP was 7.12 constant LCU per US$ of GDP in 2025. ▼ Falling
Latest (2025)
7.12 constant LCU per US$ of GDP
Change on year
up 1.0%
World rank
48th
of 189 countries
All-time high
24.02 constant LCU per US$ of GDP
in 1968
All-time low
6.4 constant LCU per US$ of GDP
in 2011
Years of data
66
1960–2025
Taxes less subsidies on products (constant LCU), per unit of GDP in India, 1960–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in India is 7.12 constant LCU per US$ of GDP, measured in 2025.
That represents a change of up 1.0% on the previous year and down 7.0% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in India peaked at 24.02 constant LCU per US$ of GDP in 1968 and was at its lowest, 6.4 constant LCU per US$ of GDP, in 2011.
India ranks 48th of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in India, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 18.3 constant LCU per US$ of GDP | — |
| 1961 | 19.69 constant LCU per US$ of GDP | +7.6% |
| 1962 | 21.1 constant LCU per US$ of GDP | +7.2% |
| 1963 | 21.75 constant LCU per US$ of GDP | +3.1% |
| 1964 | 19.74 constant LCU per US$ of GDP | -9.2% |
| 1965 | 20.52 constant LCU per US$ of GDP | +3.9% |
| 1966 | 23.76 constant LCU per US$ of GDP | +15.8% |
| 1967 | 22.49 constant LCU per US$ of GDP | -5.4% |
| 1968 | 24.02 constant LCU per US$ of GDP | +6.8% |
| 1969 | 23.3 constant LCU per US$ of GDP | -3.0% |
| 1970 | 23.29 constant LCU per US$ of GDP | -0.0% |
| 1971 | 23.46 constant LCU per US$ of GDP | +0.7% |
| 1972 | 21.45 constant LCU per US$ of GDP | -8.6% |
| 1973 | 16.13 constant LCU per US$ of GDP | -24.8% |
| 1974 | 14.07 constant LCU per US$ of GDP | -12.8% |
| 1975 | 15.77 constant LCU per US$ of GDP | +12.1% |
| 1976 | 16.13 constant LCU per US$ of GDP | +2.2% |
| 1977 | 14.29 constant LCU per US$ of GDP | -11.4% |
| 1978 | 13.68 constant LCU per US$ of GDP | -4.3% |
| 1979 | 11.58 constant LCU per US$ of GDP | -15.3% |
| 1980 | 9.67 constant LCU per US$ of GDP | -16.5% |
| 1981 | 10.3 constant LCU per US$ of GDP | +6.5% |
| 1982 | 10.91 constant LCU per US$ of GDP | +5.9% |
| 1983 | 10.15 constant LCU per US$ of GDP | -7.0% |
| 1984 | 10.67 constant LCU per US$ of GDP | +5.1% |
| 1985 | 11.5 constant LCU per US$ of GDP | +7.8% |
| 1986 | 11.77 constant LCU per US$ of GDP | +2.3% |
| 1987 | 11.37 constant LCU per US$ of GDP | -3.4% |
| 1988 | 11.18 constant LCU per US$ of GDP | -1.6% |
| 1989 | 11.66 constant LCU per US$ of GDP | +4.3% |
| 1990 | 11.62 constant LCU per US$ of GDP | -0.3% |
| 1991 | 13.45 constant LCU per US$ of GDP | +15.7% |
| 1992 | 13.45 constant LCU per US$ of GDP | +0.0% |
| 1993 | 13.22 constant LCU per US$ of GDP | -1.7% |
| 1994 | 12.37 constant LCU per US$ of GDP | -6.4% |
| 1995 | 12.44 constant LCU per US$ of GDP | +0.6% |
| 1996 | 11.76 constant LCU per US$ of GDP | -5.5% |
| 1997 | 11.25 constant LCU per US$ of GDP | -4.3% |
| 1998 | 11.15 constant LCU per US$ of GDP | -0.8% |
| 1999 | 12.2 constant LCU per US$ of GDP | +9.4% |
| 2000 | 12 constant LCU per US$ of GDP | -1.6% |
| 2001 | 11.39 constant LCU per US$ of GDP | -5.1% |
| 2002 | 11.05 constant LCU per US$ of GDP | -3.0% |
| 2003 | 9.98 constant LCU per US$ of GDP | -9.7% |
| 2004 | 10.16 constant LCU per US$ of GDP | +1.8% |
| 2005 | 9.13 constant LCU per US$ of GDP | -10.2% |
| 2006 | 8.61 constant LCU per US$ of GDP | -5.7% |
| 2007 | 7.38 constant LCU per US$ of GDP | -14.3% |
| 2008 | 6.68 constant LCU per US$ of GDP | -9.5% |
| 2009 | 7.23 constant LCU per US$ of GDP | +8.3% |
| 2010 | 6.6 constant LCU per US$ of GDP | -8.7% |
| 2011 | 6.4 constant LCU per US$ of GDP | -3.1% |
| 2012 | 6.76 constant LCU per US$ of GDP | +5.6% |
| 2013 | 7.32 constant LCU per US$ of GDP | +8.3% |
| 2014 | 7.34 constant LCU per US$ of GDP | +0.3% |
| 2015 | 7.66 constant LCU per US$ of GDP | +4.4% |
| 2016 | 7.81 constant LCU per US$ of GDP | +1.9% |
| 2017 | 7.6 constant LCU per US$ of GDP | -2.6% |
| 2018 | 8.4 constant LCU per US$ of GDP | +10.4% |
| 2019 | 8.26 constant LCU per US$ of GDP | -1.6% |
| 2020 | 6.96 constant LCU per US$ of GDP | -15.7% |
| 2021 | 6.65 constant LCU per US$ of GDP | -4.5% |
| 2022 | 7.24 constant LCU per US$ of GDP | +8.9% |
| 2023 | 7.2 constant LCU per US$ of GDP | -0.6% |
| 2024 | 7.05 constant LCU per US$ of GDP | -2.0% |
| 2025 | 7.12 constant LCU per US$ of GDP | +1.0% |
India compared with similar countries
- India's 7.12 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 1.91 constant LCU per US$ of GDP, 3.7× the median. (46 countries reporting)
- India's 7.12 constant LCU per US$ of GDP is above the median for South Asia, which is 4.48 constant LCU per US$ of GDP, 1.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.47 constant LCU per US$ of GDP | 18.3 constant LCU per US$ of GDP | 24.02 constant LCU per US$ of GDP | 10 |
| 1970s | 16.99 constant LCU per US$ of GDP | 11.58 constant LCU per US$ of GDP | 23.46 constant LCU per US$ of GDP | 10 |
| 1980s | 10.92 constant LCU per US$ of GDP | 9.67 constant LCU per US$ of GDP | 11.77 constant LCU per US$ of GDP | 10 |
| 1990s | 12.29 constant LCU per US$ of GDP | 11.15 constant LCU per US$ of GDP | 13.45 constant LCU per US$ of GDP | 10 |
| 2000s | 9.36 constant LCU per US$ of GDP | 6.68 constant LCU per US$ of GDP | 12 constant LCU per US$ of GDP | 10 |
| 2010s | 7.42 constant LCU per US$ of GDP | 6.4 constant LCU per US$ of GDP | 8.4 constant LCU per US$ of GDP | 10 |
| 2020s | 7.04 constant LCU per US$ of GDP | 6.65 constant LCU per US$ of GDP | 7.24 constant LCU per US$ of GDP | 6 |
Countries ranked near India
- 45 Djibouti 9.01 constant LCU per US$ of GDP compare
- 46 Sri Lanka 8.5 constant LCU per US$ of GDP compare
- 47 Kyrgyzstan 7.15 constant LCU per US$ of GDP compare
- 49 Kenya 6.89 constant LCU per US$ of GDP compare
- 50 Nepal 6.78 constant LCU per US$ of GDP compare
- 51 Pakistan 6.44 constant LCU per US$ of GDP 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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in India?
- Taxes less subsidies on products (constant lcu), per unit of gdp in India was 7.12 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in India?
- The highest recorded value was 24.02 constant LCU per US$ of GDP in 1968.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in India?
- The lowest recorded value was 6.4 constant LCU per US$ of GDP in 2011.
- How does India rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- India ranks 48th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in India?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.