Taxes less subsidies on products (current LCU), annual growth rate in India
India: Taxes less subsidies on products (current LCU), annual growth rate was 7.91 % change on previous year in 2025. ◆ Volatile
Latest (2025)
7.91 % change on previous year
Change on year
down 26.0%
World rank
97th
of 197 countries
All-time high
40.69 % change on previous year
in 2010
All-time low
-16.44 % change on previous year
in 2008
Years of data
65
1961–2025
Taxes less subsidies on products (current 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 (current lcu), annual growth rate in India stood at 7.91 % change on previous year.
The figure is down 26.0% on the previous year and down 67.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in India peaked at 40.69 % change on previous year in 2010 and was at its lowest, -16.44 % change on previous year, in 2008.
India ranks 97th of 197 countries on this measure, 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 (current LCU), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 13.2 % change on previous year | — |
| 1962 | 16.11 % change on previous year | +22.1% |
| 1963 | 23.15 % change on previous year | +43.7% |
| 1964 | 14.11 % change on previous year | -39.0% |
| 1965 | 15.79 % change on previous year | +11.9% |
| 1966 | 5.42 % change on previous year | -65.7% |
| 1967 | 11.62 % change on previous year | +114.3% |
| 1968 | 12.08 % change on previous year | +4.0% |
| 1969 | 11.85 % change on previous year | -1.9% |
| 1970 | 12.46 % change on previous year | +5.1% |
| 1971 | 15.36 % change on previous year | +23.3% |
| 1972 | 12.85 % change on previous year | -16.3% |
| 1973 | 12.18 % change on previous year | -5.2% |
| 1974 | 22.3 % change on previous year | +83.0% |
| 1975 | 20.97 % change on previous year | -6.0% |
| 1976 | 10.38 % change on previous year | -50.5% |
| 1977 | 4.84 % change on previous year | -53.3% |
| 1978 | 17.62 % change on previous year | +264.0% |
| 1979 | 15.2 % change on previous year | -13.7% |
| 1980 | 14.32 % change on previous year | -5.8% |
| 1981 | 21.52 % change on previous year | +50.3% |
| 1982 | 13.18 % change on previous year | -38.8% |
| 1983 | 11.65 % change on previous year | -11.5% |
| 1984 | 9.49 % change on previous year | -18.6% |
| 1985 | 23.96 % change on previous year | +152.7% |
| 1986 | 15.52 % change on previous year | -35.2% |
| 1987 | 16.34 % change on previous year | +5.3% |
| 1988 | 12.66 % change on previous year | -22.5% |
| 1989 | 11.97 % change on previous year | -5.5% |
| 1990 | 19.68 % change on previous year | +64.4% |
| 1991 | 11.16 % change on previous year | -43.3% |
| 1992 | 17.22 % change on previous year | +54.3% |
| 1993 | 4.28 % change on previous year | -75.1% |
| 1994 | 22.55 % change on previous year | +426.9% |
| 1995 | 19.73 % change on previous year | -12.5% |
| 1996 | 9.06 % change on previous year | -54.1% |
| 1997 | 6.49 % change on previous year | -28.3% |
| 1998 | 8.34 % change on previous year | +28.5% |
| 1999 | 21.79 % change on previous year | +161.2% |
| 2000 | 7.15 % change on previous year | -67.2% |
| 2001 | 2.59 % change on previous year | -63.7% |
| 2002 | 6.65 % change on previous year | +156.3% |
| 2003 | 12.06 % change on previous year | +81.4% |
| 2004 | 24.76 % change on previous year | +105.2% |
| 2005 | 8.22 % change on previous year | -66.8% |
| 2006 | 14.59 % change on previous year | +77.5% |
| 2007 | 16.8 % change on previous year | +15.1% |
| 2008 | -16.44 % change on previous year | -197.9% |
| 2009 | 14.7 % change on previous year | -189.4% |
| 2010 | 40.69 % change on previous year | +176.7% |
| 2011 | 14.27 % change on previous year | -64.9% |
| 2012 | 17.79 % change on previous year | +24.7% |
| 2013 | 17.41 % change on previous year | -2.1% |
| 2014 | 10.72 % change on previous year | -38.4% |
| 2015 | 24.25 % change on previous year | +126.2% |
| 2016 | 19.13 % change on previous year | -21.1% |
| 2017 | 11.07 % change on previous year | -42.1% |
| 2018 | 8.85 % change on previous year | -20.1% |
| 2019 | -0.1195 % change on previous year | -101.4% |
| 2020 | -4.61 % change on previous year | +3758.0% |
| 2021 | 19.4 % change on previous year | -520.9% |
| 2022 | 19.98 % change on previous year | +3.0% |
| 2023 | 13.34 % change on previous year | -33.3% |
| 2024 | 10.68 % change on previous year | -19.9% |
| 2025 | 7.91 % change on previous year | -26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.7 % change on previous year | 5.42 % change on previous year | 23.15 % change on previous year | 9 |
| 1970s | 14.42 % change on previous year | 4.84 % change on previous year | 22.3 % change on previous year | 10 |
| 1980s | 15.06 % change on previous year | 9.49 % change on previous year | 23.96 % change on previous year | 10 |
| 1990s | 14.03 % change on previous year | 4.28 % change on previous year | 22.55 % change on previous year | 10 |
| 2000s | 9.11 % change on previous year | -16.44 % change on previous year | 24.76 % change on previous year | 10 |
| 2010s | 16.41 % change on previous year | -0.1195 % change on previous year | 40.69 % change on previous year | 10 |
| 2020s | 11.12 % change on previous year | -4.61 % change on previous year | 19.98 % change on previous year | 6 |
Countries ranked near India
- 94 Kosovo 8 % change on previous year compare
- 95 San Marino 7.97 % change on previous year compare
- 96 Estonia 7.91 % change on previous year compare
- 98 Uruguay 7.81 % change on previous year compare
- 99 Mexico 7.8 % change on previous year compare
- 100 El Salvador 7.78 % 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)
- Gross capital formation (current US$), annual growth rate 5.98 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.346 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 935.14 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.43 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 30.22 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 81,663 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 6.47 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.305 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in India?
- Taxes less subsidies on products (current lcu), annual growth rate in India was 7.91 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in India?
- The highest recorded value was 40.69 % change on previous year in 2010.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in India?
- The lowest recorded value was -16.44 % change on previous year in 2008.
- How does India rank for taxes less subsidies on products (current lcu), annual growth rate?
- India ranks 97th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in India?
- Over the last ten years it is down 67.4%. 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 (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 Taxes less subsidies on products (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.