Trade in services (% of GDP) in India
India: Trade in services (% of GDP) was 15.5% in 2025. ◆ Volatile
Trade in services in India, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in India is 15.5%, measured in 2025. That is the highest value across all 51 years on record.
The figure is up 2.3% on the previous year and up 36.9% over ten years.
Over the whole period, trade in services in India peaked at 15.5% in 2025 and was at its lowest, 1.9%, in 1975.
India ranks 130th of 200 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.
Trade in services (% of GDP) in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 1.9% | — |
| 1976 | 2.1% | +11.1% |
| 1977 | 2.1% | +0.2% |
| 1978 | 2.3% | +7.5% |
| 1979 | 2.7% | +19.3% |
| 1980 | 3.2% | +16.3% |
| 1981 | 3.1% | -2.2% |
| 1982 | 3.2% | +2.1% |
| 1983 | 3.2% | +0.4% |
| 1984 | 3.2% | +1.1% |
| 1985 | 3.1% | -3.3% |
| 1986 | 2.9% | -8.1% |
| 1987 | 2.9% | -0.6% |
| 1988 | 3.1% | +7.3% |
| 1989 | 3.4% | +10.1% |
| 1990 | 3.3% | -1.3% |
| 1991 | 4.0% | +20.6% |
| 1992 | 4.0% | +0.6% |
| 1993 | 4.2% | +2.6% |
| 1994 | 4.4% | +4.7% |
| 1995 | 4.7% | +8.7% |
| 1996 | 4.7% | -0.9% |
| 1997 | 5.2% | +10.6% |
| 1998 | 6.2% | +20.1% |
| 1999 | 6.9% | +11.3% |
| 2000 | 7.7% | +10.6% |
| 2001 | 7.7% | +0.7% |
| 2002 | 7.9% | +2.0% |
| 2003 | 8.0% | +2.0% |
| 2004 | 10.4% | +29.2% |
| 2005 | 12.1% | +16.8% |
| 2006 | 13.6% | +12.4% |
| 2007 | 12.9% | -5.3% |
| 2008 | 13.5% | +4.7% |
| 2009 | 10.9% | -19.3% |
| 2010 | 11.7% | +7.6% |
| 2011 | 11.9% | +1.4% |
| 2012 | 12.3% | +4.0% |
| 2013 | 12.3% | -0.5% |
| 2014 | 11.7% | -4.8% |
| 2015 | 11.4% | -2.8% |
| 2016 | 11.2% | -1.1% |
| 2017 | 11.1% | -1.1% |
| 2018 | 12.2% | +9.6% |
| 2019 | 12.2% | +0.0% |
| 2020 | 11.9% | -2.0% |
| 2021 | 12.0% | +0.2% |
| 2022 | 15.0% | +25.1% |
| 2023 | 14.7% | -1.5% |
| 2024 | 15.2% | +3.1% |
| 2025 | 15.5% | +2.3% |
India compared with similar countries
- India's 15.5% is above the median for lower middle income countries, which is 13.8%, 1.1× the median. (47 countries reporting)
- India's 15.5% is above the median for South Asia, which is 12.5%, 1.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.3% | 1.9% | 2.7% | 5 |
| 1980s | 3.1% | 2.9% | 3.4% | 10 |
| 1990s | 4.8% | 3.3% | 6.9% | 10 |
| 2000s | 10.5% | 7.7% | 13.6% | 10 |
| 2010s | 11.8% | 11.1% | 12.3% | 10 |
| 2020s | 14.1% | 11.9% | 15.5% | 6 |
Countries ranked near India
- 127 Uruguay 15.6% compare
- 128 Uzbekistan 15.6% compare
- 129 Trinidad and Tobago 15.6% compare
- 131 Saudi Arabia 15.5% compare
- 132 Bhutan 15.4% compare
- 133 New Zealand 15.1% 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0033 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in India?
- Trade in services in India was 15.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in India?
- The highest recorded value was 15.5% in 2025.
- What is the lowest trade in services recorded in India?
- The lowest recorded value was 1.9% in 1975.
- How does India rank for trade in services?
- India ranks 130th out of 200 countries with data for 2025.
- Is trade in services rising or falling in India?
- Over the last ten years it is up 36.9%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.