Taxes less subsidies on products (current LCU), per unit of GDP (unit) in India
India: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 8.05 current LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
8.05 current LCU per US$ of GDP
Change on year
up 2.6%
World rank
58th
of 197 countries
All-time high
8.05 current LCU per US$ of GDP
in 2025
All-time low
0.2617 current LCU per US$ of GDP
in 1960
Years of data
66
1960–2025
Taxes less subsidies on products (current LCU), per unit of GDP in India, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
India recorded 8.05 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 41.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in India peaked at 8.05 current LCU per US$ of GDP in 2025 and was at its lowest, 0.2617 current LCU per US$ of GDP, in 1960.
India ranks 58th 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), per unit of GDP (unit) in India, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2617 current LCU per US$ of GDP | — |
| 1961 | 0.2796 current LCU per US$ of GDP | +6.8% |
| 1962 | 0.3021 current LCU per US$ of GDP | +8.0% |
| 1963 | 0.3239 current LCU per US$ of GDP | +7.2% |
| 1964 | 0.3169 current LCU per US$ of GDP | -2.2% |
| 1965 | 0.348 current LCU per US$ of GDP | +9.8% |
| 1966 | 0.4793 current LCU per US$ of GDP | +37.7% |
| 1967 | 0.4864 current LCU per US$ of GDP | +1.5% |
| 1968 | 0.5149 current LCU per US$ of GDP | +5.8% |
| 1969 | 0.5231 current LCU per US$ of GDP | +1.6% |
| 1970 | 0.5508 current LCU per US$ of GDP | +5.3% |
| 1971 | 0.5889 current LCU per US$ of GDP | +6.9% |
| 1972 | 0.6264 current LCU per US$ of GDP | +6.4% |
| 1973 | 0.5872 current LCU per US$ of GDP | -6.3% |
| 1974 | 0.6171 current LCU per US$ of GDP | +5.1% |
| 1975 | 0.7545 current LCU per US$ of GDP | +22.3% |
| 1976 | 0.7984 current LCU per US$ of GDP | +5.8% |
| 1977 | 0.7077 current LCU per US$ of GDP | -11.4% |
| 1978 | 0.7365 current LCU per US$ of GDP | +4.1% |
| 1979 | 0.7615 current LCU per US$ of GDP | +3.4% |
| 1980 | 0.7148 current LCU per US$ of GDP | -6.1% |
| 1981 | 0.8364 current LCU per US$ of GDP | +17.0% |
| 1982 | 0.9125 current LCU per US$ of GDP | +9.1% |
| 1983 | 0.937 current LCU per US$ of GDP | +2.7% |
| 1984 | 1.06 current LCU per US$ of GDP | +12.6% |
| 1985 | 1.19 current LCU per US$ of GDP | +13.1% |
| 1986 | 1.29 current LCU per US$ of GDP | +7.9% |
| 1987 | 1.34 current LCU per US$ of GDP | +3.8% |
| 1988 | 1.42 current LCU per US$ of GDP | +6.0% |
| 1989 | 1.59 current LCU per US$ of GDP | +12.2% |
| 1990 | 1.75 current LCU per US$ of GDP | +10.4% |
| 1991 | 2.32 current LCU per US$ of GDP | +32.1% |
| 1992 | 2.55 current LCU per US$ of GDP | +9.9% |
| 1993 | 2.74 current LCU per US$ of GDP | +7.6% |
| 1994 | 2.87 current LCU per US$ of GDP | +4.6% |
| 1995 | 3.12 current LCU per US$ of GDP | +8.8% |
| 1996 | 3.12 current LCU per US$ of GDP | +0.0% |
| 1997 | 3.14 current LCU per US$ of GDP | +0.6% |
| 1998 | 3.35 current LCU per US$ of GDP | +6.9% |
| 1999 | 3.75 current LCU per US$ of GDP | +11.8% |
| 2000 | 3.94 current LCU per US$ of GDP | +5.0% |
| 2001 | 3.9 current LCU per US$ of GDP | -1.0% |
| 2002 | 3.92 current LCU per US$ of GDP | +0.5% |
| 2003 | 3.72 current LCU per US$ of GDP | -5.0% |
| 2004 | 3.98 current LCU per US$ of GDP | +6.9% |
| 2005 | 3.72 current LCU per US$ of GDP | -6.5% |
| 2006 | 3.72 current LCU per US$ of GDP | -0.0% |
| 2007 | 3.36 current LCU per US$ of GDP | -9.7% |
| 2008 | 2.85 current LCU per US$ of GDP | -15.2% |
| 2009 | 2.92 current LCU per US$ of GDP | +2.5% |
| 2010 | 3.29 current LCU per US$ of GDP | +12.7% |
| 2011 | 3.45 current LCU per US$ of GDP | +5.0% |
| 2012 | 4.06 current LCU per US$ of GDP | +17.5% |
| 2013 | 4.69 current LCU per US$ of GDP | +15.6% |
| 2014 | 4.73 current LCU per US$ of GDP | +0.8% |
| 2015 | 5.69 current LCU per US$ of GDP | +20.4% |
| 2016 | 6.22 current LCU per US$ of GDP | +9.2% |
| 2017 | 5.98 current LCU per US$ of GDP | -3.9% |
| 2018 | 6.38 current LCU per US$ of GDP | +6.8% |
| 2019 | 6.07 current LCU per US$ of GDP | -4.8% |
| 2020 | 6.14 current LCU per US$ of GDP | +1.1% |
| 2021 | 6.19 current LCU per US$ of GDP | +0.8% |
| 2022 | 7.24 current LCU per US$ of GDP | +16.9% |
| 2023 | 7.62 current LCU per US$ of GDP | +5.2% |
| 2024 | 7.85 current LCU per US$ of GDP | +3.0% |
| 2025 | 8.05 current LCU per US$ of GDP | +2.6% |
India compared with similar countries
- India's 8.05 current LCU per US$ of GDP is above the median for lower middle income countries, which is 3.66 current LCU per US$ of GDP, 2.2× the median. (46 countries reporting)
- India's 8.05 current LCU per US$ of GDP is above the median for South Asia, which is 5.49 current LCU per US$ of GDP, 1.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3836 current LCU per US$ of GDP | 0.2617 current LCU per US$ of GDP | 0.5231 current LCU per US$ of GDP | 10 |
| 1970s | 0.6729 current LCU per US$ of GDP | 0.5508 current LCU per US$ of GDP | 0.7984 current LCU per US$ of GDP | 10 |
| 1980s | 1.13 current LCU per US$ of GDP | 0.7148 current LCU per US$ of GDP | 1.59 current LCU per US$ of GDP | 10 |
| 1990s | 2.87 current LCU per US$ of GDP | 1.75 current LCU per US$ of GDP | 3.75 current LCU per US$ of GDP | 10 |
| 2000s | 3.6 current LCU per US$ of GDP | 2.85 current LCU per US$ of GDP | 3.98 current LCU per US$ of GDP | 10 |
| 2010s | 5.05 current LCU per US$ of GDP | 3.29 current LCU per US$ of GDP | 6.38 current LCU per US$ of GDP | 10 |
| 2020s | 7.18 current LCU per US$ of GDP | 6.14 current LCU per US$ of GDP | 8.05 current LCU per US$ of GDP | 6 |
Countries ranked near India
- 55 Djibouti 9.76 current LCU per US$ of GDP compare
- 56 Kenya 9.65 current LCU per US$ of GDP compare
- 57 Angola 9.12 current LCU per US$ of GDP compare
- 59 North Macedonia, Republic of 7.09 current LCU per US$ of GDP compare
- 60 Russian Federation 7.02 current LCU per US$ of GDP compare
- 61 Mozambique, Republic of 6.62 current LCU per US$ of GDP compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in India?
- Taxes less subsidies on products (current lcu), per unit of gdp in India was 8.05 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in India?
- The highest recorded value was 8.05 current LCU per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in India?
- The lowest recorded value was 0.2617 current LCU per US$ of GDP in 1960.
- How does India rank for taxes less subsidies on products (current lcu), per unit of gdp?
- India ranks 58th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in India?
- Over the last ten years it is up 41.5%. 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), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.