Economic Policy & Debt · India
Yearly data from 1960 to 2025, from the World Bank.
India's gross Value Added (GVA) at basic prices (constant LCU) was 294.4 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 75.68% from 167.58 trillion in 2015 (5.8% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | 294.4 trillion | 2025 |
| Five years earlier | 202.65 trillion | 2020 |
| Ten years earlier | 167.58 trillion | 2015 |
| Highest | 294.4 trillion | 2025 |
| Lowest | 11.23 trillion | 1960 |
| Average since 2016 | 227.25 trillion | 2016–2025 |
| First recorded | 11.23 trillion | 1960 |
Over five years it is up 45.28% from 202.65 trillion in 2020 (7.76% a year on average, compounded). Since 1960 it is up 2,521% from 11.23 trillion in 1960 (5.15% a year on average, compounded).
In 2025, India's gross Value Added (GVA) at basic prices (constant LCU) rose 7.7% on 2024 (from 273.36 trillion to 294.4 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +6.3% and a typical year strayed about 2.5% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 10.2% in 1988 and the biggest yearly fall was 5.2% in 1979. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 11.78 trillion a year. A straight line explains 93% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Extending that straight line gives about 313.58 trillion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 19.65 trillion, against 36.55 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
In 2025, India had the 6th highest value of the 161 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
| Year | Gross Value Added (GVA) at basic prices (constant LCU) |
|---|---|
| 2025 | 294,399,077,589,600 |
| 2024 | 273,364,946,798,900 |
| 2023 | 254,812,197,872,600 |
| 2022 | 237,637,611,723,400 |
| 2021 | 221,646,246,970,600 |
| 2020 | 202,647,166,098,100 |
| 2019 | 211,412,106,192,600 |
| 2018 | 203,389,134,459,800 |
| 2017 | 192,214,417,808,700 |
| 2016 | 180,939,735,843,100 |
| 2015 | 167,580,204,060,700 |
| 2014 | 155,125,934,754,800 |
| 2013 | 144,768,095,114,500 |
| 2012 | 136,504,411,281,800 |
| 2011 | 129,487,271,480,500 |
| 2010 | 123,059,475,639,400 |
| 2009 | 113,912,446,126,800 |
| 2008 | 106,603,141,750,000 |
| 2007 | 102,196,041,650,600 |
| 2006 | 95,169,332,370,700 |
| 2005 | 88,075,383,160,400 |
| 2004 | 81,339,418,636,400 |
| 2003 | 75,981,978,264,400 |
| 2002 | 70,375,503,718,000 |
| 2001 | 67,748,389,286,800 |
| 2000 | 64,286,145,268,900 |
| 1999 | 61,725,667,377,400 |
| 1998 | 57,151,169,789,600 |
| 1997 | 53,570,820,690,200 |
| 1996 | 51,361,432,047,500 |
| 1995 | 47,568,057,332,800 |
| 1994 | 44,336,712,217,700 |
| 1993 | 41,671,878,942,400 |
| 1992 | 39,431,639,091,400 |
| 1991 | 37,424,260,996,900 |
| 1990 | 36,896,456,345,658 |
| 1989 | 35,044,326,600,090 |
| 1988 | 33,019,108,971,080 |
| 1987 | 29,973,790,008,744 |
| 1986 | 28,950,552,378,860 |
| 1985 | 27,753,063,579,986 |
| 1984 | 26,644,202,286,831 |
| 1983 | 25,628,980,888,568 |
| 1982 | 23,762,711,140,509 |
| 1981 | 23,087,536,980,894 |
| 1980 | 21,857,914,795,510 |
| 1979 | 20,395,526,559,831 |
| 1978 | 21,514,606,013,568 |
| 1977 | 20,392,491,404,963 |
| 1976 | 18,975,074,081,541 |
| 1975 | 18,740,831,541,129 |
| 1974 | 17,192,724,019,854 |
| 1973 | 16,995,438,953,425 |
| 1972 | 16,255,575,319,685 |
| 1971 | 16,307,530,029,487 |
| 1970 | 16,144,524,359,215 |
| 1969 | 15,373,773,561,229 |
| 1968 | 14,433,232,629,148 |
| 1967 | 14,066,157,428,624 |
| 1966 | 13,007,602,533,729 |
| 1965 | 12,876,555,258,834 |
| 1964 | 13,365,036,654,083 |
| 1963 | 12,422,888,875,307 |
| 1962 | 11,824,249,212,197 |
| 1961 | 11,579,294,360,486 |
| 1960 | 11,230,787,166,214 |
Every indicator for India is on the India data page.
World Bank, World Development Indicators, indicator NY.GDP.FCST.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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