India: Wholesale price index (2010 = 100)

Key figures

What the numbers say

In 2024, India's wholesale price index (2010 = 100) rose 3.24 on 2023 (from 186.13 to 189.37).

Across the 23 yearly changes before that (2001 to 2023), the average change was +5.55 and a typical year strayed about 7 from that (the standard deviation). This year's change was 0.3 standard deviations below 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 27.64 in 2022 and the biggest yearly fall was 4.98 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 8.56 a year. A straight line explains 87% 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.

Closest to India in the 2024 ranking

• Pakistan — 1st of 3: 211.7
• West Bank and Gaza — 3rd of 3: 143.15

What this measures

Index of prices of a mix of agricultural and industrial goods at various stages of production and distribution, including import duties, as compared to a certain reference period (2010=100).

All 25 values

Wholesale price index (2010 = 100) in nearby economies

• Sri Lanka — 150.7 (2018)

More financial sector data for India

• Domestic credit to private sector by banks (% of GDP) — 44.03% (2025)
• Net domestic credit (current LCU) — 312.8 trillion (2025)
• Net foreign assets (current LCU) — 66.95 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 44.03% (2025)
• Consumer price index (2010 = 100) — 233.06 (2025)
• Inflation, consumer prices (annual % growth) — 2.4% (2025)
• Claims on central government, etc. (% of GDP) — 20.02% (2025)
• Domestic credit to private sector (% of GDP) — 44.03% (2025)
• GDP deflator (base year varies by country) — 107.1 (2025)
• DEC alternative conversion factor (LCU per US$)

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Questions people ask

What is India's wholesale price index (2010 = 100)?

189.37 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 223.54% from 58.53 in 2000 (5.01% a year on average, compounded). The highest value was 189.37 in 2024 and the lowest 58.53 in 2000.

Is the latest change in wholesale price index (2010 = 100) unusual for India?

In 2024, India's wholesale price index (2010 = 100) rose 3.24 on 2023 (from 186.13 to 189.37). Across the 23 yearly changes before that (2001 to 2023), the average change was +5.55 and a typical year strayed about 7 from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FP.WPI.TOTL, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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