GDP Growth of India

Source Ministry of Statistics and Programme Implementation : (2004-17), (2017-20)
World Bank
IMF World Economic Outlook (October-2020)
Date31 Dec 2020

According to the IMF World Economic Outlook (October-2020), GDP growth rate of India in 2020 is projected at -10.29%. India is at 164th position out of 193 economies. India has the 2nd lowest growth rate among top ten largest economies after Italy and 3rd lowest among trillion-dollar economy after Italy and Spain.

India was among top ten growing economies in two years 2016 (6th out of 202) and 2015 (10th out of 203).

Real GDP growth or Gross Domestic Product (GDP) growth of India at constant (2011-12) prices in the year 2019-20 is estimated at 4.18 percent as compared to the growth rate of 6.12 percent in 2018-19. The growth in gross domestic product was slowest since 2009-10 and 2nd lowest in 2011-12 series available since 2004-05. The previous low was 3.09% in 2008-09.

GVA growth rates of the Agriculture & allied, Industry, and Services sector are 4.05%, 0.92%, and 5.55% respectively. India has registered highest growth of 9.96% in 'Public Administration, defence and other services' sector and lowest 0.03% in 'Manufacturing' sector. Overall GVA growth at constant prices is 3.89%.

With GDP growth rates of 3.89% at current prices in 2019-20, India has recored lowest nominal growth rate in 2011-12 series. Even in 2004-05 series, it is lowest since 1975-76. GVA growth rates of the Agriculture & allied, Industry, and Services sector are 11.45%, 1.68%, and 8.48%, respectively. Overall GVA growth at current prices is 7.02%.

In 2004-05 series, Average growth rate from 1951 to 2014 stands at 4.96%, reaching an all time high of 10.16% in 1988-89 and a record low of -5.2% in the 1979-80. In 4 years, Growth was negative.

  • GDP growth (2011-12 series)
  • GDP per capita growth (2011-12 series)

Growth (2011-12 series)

Year Growth rate (%) at 2011-12 prices Growth rate (%) at current prices (%)
GDPGVAGNINNIGDPGVA GNINNI
2005-067.928.287.907.7413.9914.5513.9713.99
2006-078.068.057.997.8317.1417.3717.0717.27
2007-087.667.388.057.7715.1414.9915.5615.49
2008-093.094.312.912.2412.5615.2012.3611.87
2009-107.866.867.867.5315.4615.5115.4615.35
2010-118.508.037.967.8319.9218.5619.3519.84
2011-125.245.225.455.0014.4314.4514.6514.59
2012-135.465.425.144.5413.8213.5213.4913.23
2013-146.396.056.315.9812.9712.6112.8912.91
2014-157.417.157.487.5310.9911.0111.0610.92
2015-168.008.037.998.0210.469.3010.4810.79
2016-178.267.978.278.2111.7611.0610.7610.94
2017-187.046.597.127.0311.0911.0812.1812.28
2018-196.126.046.145.8810.9510.4910.9710.82
2019-204.183.894.174.207.217.027.197.21

Per capita growth (2011-12 series)

Year Per capita Growth rate (%) at 2011-12 prices Per capita Growth rate (%) at current prices (%)
GDPGNINNIGDP GNINNI
2005-20066.276.246.0912.2412.2212.24
2006-20076.526.456.2915.4715.3915.59
2007-20086.156.536.2613.5213.9313.87
2008-20091.661.480.8311.0010.8110.32
2009-20106.396.386.0613.8813.8813.77
2010-20117.036.516.3818.3017.7418.22
2011-20122.312.512.0811.2411.4611.39
2012-20134.183.863.2712.4412.1111.85
2013-20145.024.954.6311.5211.4411.46
2014-20156.056.126.179.599.669.52
2015-20166.656.656.679.089.119.41
2016-20176.926.946.8810.389.409.57
2017-20185.825.895.819.8210.9011.00
2018-20195.085.104.859.879.889.74
2019-20203.093.083.126.096.076.09
  • GDP growth
  • GDP per capita growth

Projections by IMF

Year GDP Growth rate(%)
2020-10.289
20218.804
20227.986
20237.632
20247.411
20257.182

Estimates by World Bank

Year Growth rate (%) Rank/Total
GrowthPer capita growth GDPGDP per capita
19613.7231.67057/9355/93
19622.9310.86173/9672/96
19635.9943.83640/9640/96
19647.4535.25032/9632/96
1965-2.636-4.64092/9692/96
1966-0.055-2.11687/10285/102
19677.8265.59521/10517/105
19683.3881.22676/10677/106
19696.5404.27044/10848/108
19705.1572.86463/10864/108
19711.643-0.62699/121102/121
1972-0.553-2.816108/121111/121
19733.2960.91986/12189/121
19741.185-1.147104/121108/121
19759.1506.64514/12318/123
19761.663-0.65399/125102/125
19777.2554.82535/12740/127
19785.7133.32359/13267/132
1979-5.238-7.388126/132123/132
19806.7364.29936/13340/133
19816.0063.57136/14445/144
19823.4761.09447/14856/148
19837.2894.82814/15115/151
19843.8211.46475/15184/151
19855.2542.90238/15447/154
19864.7772.47556/15560/155
19873.9651.71967/15975/159
19889.6287.29922/16228/162
19895.9473.73437/16445/164
19905.5333.36544/16553/165
19911.057-0.984108/175107/175
19925.4823.39052/17652/176
19934.7512.70755/17959/178
19946.6594.60634/18140/180
19957.5745.53027/18339/182
19967.5505.53030/18940/189
19974.0502.123101/189106/189
19986.1844.24939/19151/191
19998.8466.89816/19219/192
20003.8412.021109/193124/193
20014.8243.02755/19766/197
20023.8042.06587/19880/198
20037.8606.09431/20332/203
20047.9236.19440/20346/203
20057.9236.23234/20439/204
20068.0616.40342/20447/204
20077.6616.04852/20555/205
20083.0871.588120/203116/203
20097.8626.35118/20411/204
20108.4987.04223/20423/204
20115.2413.89475/20471/204
20125.4564.16551/20447/204
20136.3865.13533/20421/204
20147.4106.18714/20510/205
20157.9966.7979/2048/204
20168.2567.0837/2036/203
20177.0445.91218/20313/203
20186.1205.02430/20121/201
20194.1813.12959/18849/188

2004-05 series

Year GDP Growth rate(%)
2004-05 pricescurrent prices
2013-144.7411.54
2012-134.4711.88
2011-126.6915.77
2010-118.9118.66
2009-108.5915.18
2008-096.7215.75
2007-089.3215.91
2006-079.5716.60
2005-069.4814.10
2004-057.0513.16
2003-047.9712.03
2002-033.887.75
2001-025.398.72
2000-014.157.67
1999-008.0011.35
1998-996.6815.28
1997-984.3011.20
1996-977.9716.38
1995-967.2917.08
1994-956.3916.80
1993-945.6816.23
1992-935.3614.70
1991-921.4315.37
1990-915.2916.49
1989-906.1315.20
1988-8910.1619.34
1987-883.5313.36
1986-874.3111.50
1985-864.1611.74
1984-853.9612.30
1983-847.8516.97
1982-832.9211.72
1981-825.6317.08
1980-817.1719.51
1979-80-5.209.12
1978-795.507.47
1977-787.4714.13
1976-771.257.49
1975-769.006.21
1974-751.1617.71
1973-744.5522.55
1972-73-0.3210.00
1971-721.016.40
1970-715.016.38
1969-706.529.97
1968-692.615.46
1967-688.1417.52
1966-671.0213.82
1965-66-3.654.71
1964-657.5816.83
1963-645.0614.29
1962-632.126.93
1961-623.105.53
1960-617.089.47
1959-602.195.04
1958-597.5911.86
1957-58-1.212.23
1956-575.6919.38
1955-562.561.61
1954-554.25-6.06
1953-546.098.89
1952-532.84-1.38
1951-522.335.58