GDP (current LCU), annual growth rate in India
India: GDP (current LCU), annual growth rate was 9.89 % change on previous year in 2024. ▼ Falling
GDP (current LCU), annual growth rate in India, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current lcu), annual growth rate in India stood at 9.89 % change on previous year.
Compared with earlier readings it is down 17.7% on the previous year and down 10.0% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in India peaked at 21.71 % change on previous year in 1973 and was at its lowest, -1.24 % change on previous year, in 2020.
India ranks 65th of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
GDP (current LCU), annual growth rate in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.06 % change on previous year | — |
| 1972 | 10.23 % change on previous year | +44.9% |
| 1973 | 21.71 % change on previous year | +112.3% |
| 1974 | 18.05 % change on previous year | -16.9% |
| 1975 | 7.35 % change on previous year | -59.3% |
| 1976 | 7.74 % change on previous year | +5.4% |
| 1977 | 13.3 % change on previous year | +71.8% |
| 1978 | 8.31 % change on previous year | -37.5% |
| 1979 | 9.67 % change on previous year | +16.3% |
| 1980 | 19.02 % change on previous year | +96.8% |
| 1981 | 17.48 % change on previous year | -8.1% |
| 1982 | 11.85 % change on previous year | -32.2% |
| 1983 | 16.46 % change on previous year | +38.9% |
| 1984 | 12.05 % change on previous year | -26.8% |
| 1985 | 12.83 % change on previous year | +6.5% |
| 1986 | 11.89 % change on previous year | -7.3% |
| 1987 | 13.66 % change on previous year | +14.9% |
| 1988 | 18.65 % change on previous year | +36.5% |
| 1989 | 14.89 % change on previous year | -20.2% |
| 1990 | 16.79 % change on previous year | +12.8% |
| 1991 | 14.95 % change on previous year | -10.9% |
| 1992 | 14.94 % change on previous year | -0.1% |
| 1993 | 15.08 % change on previous year | +0.9% |
| 1994 | 17.3 % change on previous year | +14.7% |
| 1995 | 17.32 % change on previous year | +0.1% |
| 1996 | 15.7 % change on previous year | -9.4% |
| 1997 | 10.79 % change on previous year | -31.3% |
| 1998 | 14.69 % change on previous year | +36.2% |
| 1999 | 12.19 % change on previous year | -17.1% |
| 2000 | 7.63 % change on previous year | -37.4% |
| 2001 | 8.19 % change on previous year | +7.4% |
| 2002 | 7.66 % change on previous year | -6.5% |
| 2003 | 12.03 % change on previous year | +57.1% |
| 2004 | 14.1 % change on previous year | +17.2% |
| 2005 | 13.99 % change on previous year | -0.8% |
| 2006 | 17.14 % change on previous year | +22.5% |
| 2007 | 15.14 % change on previous year | -11.7% |
| 2008 | 12.56 % change on previous year | -17.0% |
| 2009 | 15.46 % change on previous year | +23.0% |
| 2010 | 19.92 % change on previous year | +28.9% |
| 2011 | 14.43 % change on previous year | -27.5% |
| 2012 | 13.82 % change on previous year | -4.2% |
| 2013 | 12.97 % change on previous year | -6.2% |
| 2014 | 10.99 % change on previous year | -15.3% |
| 2015 | 10.46 % change on previous year | -4.8% |
| 2016 | 11.76 % change on previous year | +12.5% |
| 2017 | 11.03 % change on previous year | -6.2% |
| 2018 | 10.59 % change on previous year | -4.0% |
| 2019 | 6.37 % change on previous year | -39.8% |
| 2020 | -1.24 % change on previous year | -119.5% |
| 2021 | 18.85 % change on previous year | -1619.2% |
| 2022 | 13.96 % change on previous year | -26.0% |
| 2023 | 12.02 % change on previous year | -13.9% |
| 2024 | 9.89 % change on previous year | -17.7% |
India compared with similar countries
- India's 9.89 % change on previous year is above the median for lower middle income countries, which is 9.89 % change on previous year, 1.0× the median. (47 countries reporting)
- India's 9.89 % change on previous year is above the median for South Asia, which is 9.26 % change on previous year, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1619.2% | -1.24 % change on previous year | 18.85 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.49 % change on previous year | 7.06 % change on previous year | 21.71 % change on previous year | 9 |
| 1980s | 14.88 % change on previous year | 11.85 % change on previous year | 19.02 % change on previous year | 10 |
| 1990s | 14.98 % change on previous year | 10.79 % change on previous year | 17.32 % change on previous year | 10 |
| 2000s | 12.39 % change on previous year | 7.63 % change on previous year | 17.14 % change on previous year | 10 |
| 2010s | 12.23 % change on previous year | 6.37 % change on previous year | 19.92 % change on previous year | 10 |
| 2020s | 10.7 % change on previous year | -1.24 % change on previous year | 18.85 % change on previous year | 5 |
Countries ranked near India
- 62 Palau 10.27 % change on previous year compare
- 63 Tuvalu 10.09 % change on previous year compare
- 64 Bolivia 10.04 % change on previous year compare
- 66 Mauritania 9.75 % change on previous year compare
- 67 Romania 9.7 % change on previous year compare
- 68 Croatia 9.52 % change on previous year compare
More population data for India
- Population regions with projections, annual growth rate -0.5076 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.2494 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5076 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4607 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1.67 million Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.7665 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7604 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 506.27 people per km² (2100)
- Number of children under 5, by world region 66.77 million people (2100)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in India?
- Gdp (current lcu), annual growth rate in India was 9.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in India?
- The highest recorded value was 21.71 % change on previous year in 1973.
- What is the lowest gdp (current lcu), annual growth rate recorded in India?
- The lowest recorded value was -1.24 % change on previous year in 2020.
- How does India rank for gdp (current lcu), annual growth rate?
- India ranks 65th out of 211 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in India?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.