Taxes less subsidies on products (current US$), per unit of GDP in India
India: Taxes less subsidies on products (current US$), per unit of GDP was 0.0922 current US$ per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.0922 current US$ per US$ of GDP
Change on year
down 0.7%
World rank
92nd
of 197 countries
All-time high
0.1031 current US$ per US$ of GDP
in 1987
All-time low
0.055 current US$ per US$ of GDP
in 1960
Years of data
66
1960–2025
Taxes less subsidies on products (current US$), per unit of GDP in India, 1960–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current us$), per unit of gdp in India stood at 0.0922 current US$ per US$ of GDP.
Compared with earlier readings it is down 0.7% on the previous year and up 6.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in India peaked at 0.1031 current US$ per US$ of GDP in 1987 and was at its lowest, 0.055 current US$ per US$ of GDP, in 1960.
That places India 92nd out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in India, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.055 current US$ per US$ of GDP | — |
| 1961 | 0.0587 current US$ per US$ of GDP | +6.8% |
| 1962 | 0.0634 current US$ per US$ of GDP | +8.0% |
| 1963 | 0.068 current US$ per US$ of GDP | +7.2% |
| 1964 | 0.0666 current US$ per US$ of GDP | -2.2% |
| 1965 | 0.0731 current US$ per US$ of GDP | +9.8% |
| 1966 | 0.0681 current US$ per US$ of GDP | -6.9% |
| 1967 | 0.0649 current US$ per US$ of GDP | -4.7% |
| 1968 | 0.0687 current US$ per US$ of GDP | +5.8% |
| 1969 | 0.0697 current US$ per US$ of GDP | +1.6% |
| 1970 | 0.0734 current US$ per US$ of GDP | +5.3% |
| 1971 | 0.0791 current US$ per US$ of GDP | +7.8% |
| 1972 | 0.081 current US$ per US$ of GDP | +2.4% |
| 1973 | 0.0747 current US$ per US$ of GDP | -7.8% |
| 1974 | 0.0774 current US$ per US$ of GDP | +3.6% |
| 1975 | 0.0872 current US$ per US$ of GDP | +12.7% |
| 1976 | 0.0893 current US$ per US$ of GDP | +2.4% |
| 1977 | 0.0827 current US$ per US$ of GDP | -7.5% |
| 1978 | 0.0898 current US$ per US$ of GDP | +8.6% |
| 1979 | 0.0943 current US$ per US$ of GDP | +5.0% |
| 1980 | 0.0906 current US$ per US$ of GDP | -4.0% |
| 1981 | 0.0937 current US$ per US$ of GDP | +3.4% |
| 1982 | 0.0948 current US$ per US$ of GDP | +1.2% |
| 1983 | 0.0909 current US$ per US$ of GDP | -4.1% |
| 1984 | 0.0888 current US$ per US$ of GDP | -2.3% |
| 1985 | 0.0975 current US$ per US$ of GDP | +9.9% |
| 1986 | 0.1007 current US$ per US$ of GDP | +3.2% |
| 1987 | 0.1031 current US$ per US$ of GDP | +2.4% |
| 1988 | 0.0979 current US$ per US$ of GDP | -5.0% |
| 1989 | 0.0954 current US$ per US$ of GDP | -2.5% |
| 1990 | 0.0978 current US$ per US$ of GDP | +2.5% |
| 1991 | 0.0945 current US$ per US$ of GDP | -3.3% |
| 1992 | 0.0964 current US$ per US$ of GDP | +2.0% |
| 1993 | 0.0874 current US$ per US$ of GDP | -9.4% |
| 1994 | 0.0913 current US$ per US$ of GDP | +4.5% |
| 1995 | 0.0931 current US$ per US$ of GDP | +2.0% |
| 1996 | 0.0878 current US$ per US$ of GDP | -5.7% |
| 1997 | 0.0844 current US$ per US$ of GDP | -3.9% |
| 1998 | 0.0797 current US$ per US$ of GDP | -5.5% |
| 1999 | 0.0865 current US$ per US$ of GDP | +8.6% |
| 2000 | 0.0862 current US$ per US$ of GDP | -0.4% |
| 2001 | 0.0817 current US$ per US$ of GDP | -5.2% |
| 2002 | 0.0809 current US$ per US$ of GDP | -0.9% |
| 2003 | 0.081 current US$ per US$ of GDP | +0.0% |
| 2004 | 0.0885 current US$ per US$ of GDP | +9.3% |
| 2005 | 0.084 current US$ per US$ of GDP | -5.1% |
| 2006 | 0.0822 current US$ per US$ of GDP | -2.2% |
| 2007 | 0.0834 current US$ per US$ of GDP | +1.4% |
| 2008 | 0.0619 current US$ per US$ of GDP | -25.8% |
| 2009 | 0.0615 current US$ per US$ of GDP | -0.7% |
| 2010 | 0.0721 current US$ per US$ of GDP | +17.3% |
| 2011 | 0.072 current US$ per US$ of GDP | -0.1% |
| 2012 | 0.0745 current US$ per US$ of GDP | +3.5% |
| 2013 | 0.0775 current US$ per US$ of GDP | +3.9% |
| 2014 | 0.0773 current US$ per US$ of GDP | -0.2% |
| 2015 | 0.0869 current US$ per US$ of GDP | +12.5% |
| 2016 | 0.0927 current US$ per US$ of GDP | +6.6% |
| 2017 | 0.0927 current US$ per US$ of GDP | +0.0% |
| 2018 | 0.0912 current US$ per US$ of GDP | -1.6% |
| 2019 | 0.0857 current US$ per US$ of GDP | -6.1% |
| 2020 | 0.0828 current US$ per US$ of GDP | -3.4% |
| 2021 | 0.0831 current US$ per US$ of GDP | +0.5% |
| 2022 | 0.0901 current US$ per US$ of GDP | +8.4% |
| 2023 | 0.092 current US$ per US$ of GDP | +2.1% |
| 2024 | 0.0928 current US$ per US$ of GDP | +0.9% |
| 2025 | 0.0922 current US$ per US$ of GDP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0656 current US$ per US$ of GDP | 0.055 current US$ per US$ of GDP | 0.0731 current US$ per US$ of GDP | 10 |
| 1970s | 0.0829 current US$ per US$ of GDP | 0.0734 current US$ per US$ of GDP | 0.0943 current US$ per US$ of GDP | 10 |
| 1980s | 0.0953 current US$ per US$ of GDP | 0.0888 current US$ per US$ of GDP | 0.1031 current US$ per US$ of GDP | 10 |
| 1990s | 0.0899 current US$ per US$ of GDP | 0.0797 current US$ per US$ of GDP | 0.0978 current US$ per US$ of GDP | 10 |
| 2000s | 0.0791 current US$ per US$ of GDP | 0.0615 current US$ per US$ of GDP | 0.0885 current US$ per US$ of GDP | 10 |
| 2010s | 0.0823 current US$ per US$ of GDP | 0.072 current US$ per US$ of GDP | 0.0927 current US$ per US$ of GDP | 10 |
| 2020s | 0.0889 current US$ per US$ of GDP | 0.0828 current US$ per US$ of GDP | 0.0928 current US$ per US$ of GDP | 6 |
Countries ranked near India
- 89 Belgium 0.0943 current US$ per US$ of GDP compare
- 90 Spain 0.0939 current US$ per US$ of GDP compare
- 91 Tajikistan 0.0932 current US$ per US$ of GDP compare
- 93 Togo 0.0909 current US$ per US$ of GDP compare
- 94 Burundi 0.0909 current US$ per US$ of GDP compare
- 95 Namibia 0.0908 current US$ 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)
- Final consumption expenditure (constant 2015 US$), per capita 1,734 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 5.74 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 2,758 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.17 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 89.11 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 240,821 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 7.17 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in India?
- Taxes less subsidies on products (current us$), per unit of gdp in India was 0.0922 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in India?
- The highest recorded value was 0.1031 current US$ per US$ of GDP in 1987.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in India?
- The lowest recorded value was 0.055 current US$ per US$ of GDP in 1960.
- How does India rank for taxes less subsidies on products (current us$), per unit of gdp?
- India ranks 92nd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in India?
- Over the last ten years it is up 6.1%. 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 Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.