GDP of India

Source Ministry of Statistics and Programme Implementation : (2004-17), (2017-20)
World Bank : Nominal, PPP
IMF World Economic Outlook (October-2020)
Date24 Dec 2020

Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year 2019-20 is estimated at ₹ 145.66 lakh crore, as against the First Revised Estimate of GDP for the year 2018-19 of ₹ 139.81 lakh crore. The growth in GDP during 2019-20 is estimated at 4.18 percent. Nominal GDP or GDP at current prices in the year 2019-20 is estimated to attain a level of ₹ 203.40 lakh crore against the First Revised Estimates of ₹ 189.71 lakh crore in 2018-19, showing a growth rate of 7.21 percent.

At constant prices, GVA (Gross Value Added), GNI (Gross National Income), and NNI (Net National Income) of India are estimated at ₹ 133.01 lakh crore, ₹ 144.05 lakh crore, and ₹ 127.33 lakh crore, respectively. At current prices, these figures are ₹183.43 lakh crore, ₹201.18 lakh crore, and ₹180.00 lakh crore.

In the new series, figures are available since 2004-05. GDP of India has expanded by 2.66 times since 2004-05.

According to the IMF World Economic Outlook (October-2020), India's nominal GDP in 2020 is projected at $2,593 billion at current prices. This projection would make India the 6th largest economy globally; one position down compares to the 5th spot in 2019. India attained the highest 5th rank in 2019 and lowest 17th in 1991. India contributes 3.09% of the entire world's GDP. India's share of the world economy increased from 1.08 percent in 1993 to the current estimate of 3.28 percent in 2019.

India is in 3rd position after China and Japan among Asian Countries. India shares around 9% of the total of Asia's GDP (nominal).

Based on PPP, India's economy in 2020 is projected at 8,681 billion international dollars, 3rd highest in the world, behind the United States and China. India contributes 6.67% of the entire world's gdp (ppp). India shares over 16 percent of the total of Asia's GDP (PPP). The gross domestic product (GDP) of India at purchasing power parity (PPP) is 3.35 times of GDP at nominal.

The Indian economy crossed the $1 billion mark in 2007 and the $2 billion mark in 2014 in nominal terms. In PPP methods, India crossed the one billion mark in 1990. Estimates by the world bank are available since 1960, when the country's gdp was 37 mn USD. 2002-19 is the best period of Indian economy as India's economy has expanded by 458% in this period of 17 years.

  • 2011-12 series
  • 2004-05 series

2011-12 series

Year At 2011-12 prices (crore INR) At current prices (crore INR)
GDPGVAGNINNIGDPGVA GNINNI
2004-0554803805092503544293849670903186332290429931639572829998
2005-0659146145514228587293653516243632125332691436060093226040
2006-0763913755958367634238957705654254629390489542213953783068
2007-0868810076398295685274062190654898662449018848781504369214
2008-0970934036674215705219163586445514152517283854812294887836
2009-1076510787131836760631968377196366407597490663284075638126
2010-1183012357704514821181673733847634472708367175526656756720
2011-1287363318106947865950777423328736330810694786595067742332
2012-1392130178546275910466280940019944013920269298272508766345
2013-1498013709063649967902785784171123352210363153110936389897663
2014-1510527674971213310402987922434312467959115042791232052910978238
2015-16113694931049187011234571996368113771874125744991361209512162398
2016-171230819311328285121636191078209215391669139652001507738413492657
2017-181317516012074413130293071154055617098304155131221691349115149545
2018-191398142612803128138290681221969318971237171399621876891216789288
2019-201456595113301120144053391273336620339849183432372011835317999754
  • Nominal
  • PPP

Projections by IMF

Year GDP (billions of $/Int. $)
NominalPPP
20202,592.588,681.30
20212,833.879,654.25
20223,094.1810,610.73
20233,368.9011,627.49
20243,657.4512,728.08
20253,958.8113,909.25

Estimates by World Bank

Year GDP Nominal (billions of $) GDP PPP (billions Int. $) Share (%) to World Rank/Total
CurrentConstant (2010) CurrentConstant (2017)NominalPPPNominalPPP
196037.03148.77--2.70-8/99-
196139.23154.31--2.75-8/100-
196242.16158.84--2.76-8/103-
196348.42168.36--2.94-7/103-
196456.48180.90--3.13-7/103-
196559.55176.14--3.03-7/112-
196645.87176.04--2.15-8/114-
196750.13189.81--2.21-8/117-
196853.09196.25--2.17-8/119-
196958.45209.08--2.16-8/119-
197062.42219.86--2.11-9/128-
197167.35223.47--2.06-9/129-
197271.46222.24--1.89-9/129-
197385.52229.56--1.86-9/129-
197499.53232.28--1.87-10/130-
197598.47253.54--1.66-12/132-
1976102.72257.75--1.60-13/133-
1977121.49276.45--1.67-12/136-
1978137.30292.24--1.60-12/135-
1979152.99276.94--1.53-12/136-
1980186.33295.59--1.66-13/146-
1981193.49313.34--1.66-12/149-
1982200.72324.24--1.74-10/150-
1983218.26347.87--1.86-9/151-
1984212.16361.16--1.74-9/152-
1985232.51380.14--1.82-9/154-
1986248.99398.29--1.65-11/156-
1987279.03414.09--1.62-10/160-
1988296.59453.95--1.54-12/163-
1989296.04480.95--1.47-13/163-
1990320.98507.571,049.391,580.461.423.5912/1797/164
1991270.11512.931,096.341,597.161.133.5517/1787/166
1992288.21541.051,182.801,684.731.133.6616/1795/169
1993279.30566.751,268.351,764.761.083.7616/1825/171
1994327.28604.491,381.701,882.281.183.8915/1845/173
1995360.28650.281,517.522,024.851.174.0415/1905/180
1996392.90699.371,661.972,177.721.244.1815/1905/180
1997415.87727.701,759.102,265.911.324.1915/1905/181
1998421.35772.701,888.912,406.041.344.3513/1925/181
1999458.82841.052,085.682,618.881.414.5813/1935/182
2000468.40873.362,214.212,719.471.394.5213/1995/189
2001485.44915.492,371.932,850.651.454.6213/1994/190
2002514.94950.312,501.112,959.091.484.6512/2044/191
2003607.701,025.012,747.803,191.691.564.8412/2044/191
2004709.151,106.223,045.343,444.561.624.9612/2054/192
2005820.381,193.873,389.023,717.491.735.1213/2054/192
2006940.261,290.113,773.024,017.151.835.2114/2064/193
20071,216.741,388.944,171.194,324.892.105.3212/2064/193
20081,198.901,431.814,383.584,458.391.885.2812/2054/194
20091,341.891,544.384,764.254,808.902.225.6811/2053/195
20101,675.621,675.625,229.335,217.542.535.869/2063/195
20111,823.051,763.445,618.385,491.012.485.9010/2083/196
20121,827.641,859.666,153.165,790.622.436.1511/2073/194
20131,856.721,978.426,477.526,160.422.406.1710/2073/195
20142,039.132,125.026,781.026,616.922.576.2210/2073/194
20152,103.592,294.957,159.807,146.032.806.437/2063/193
20162,294.802,484.437,735.007,736.023.006.687/2053/193
20172,652.752,659.428,280.948,280.943.266.786/2053/193
20182,713.172,822.179,001.768,787.693.146.967/2033/192
20192,868.932,940.169,560.229,155.083.277.055/1863/186

2004-05 series

Year GDP (crore INR)
2004-05 pricescurrent prices
2013-145,741,79110,472,807
2012-135,482,1119,388,876
2011-125,247,5308,391,691
2010-114,918,5337,248,860
2009-104,516,0716,108,903
2008-094,158,6765,303,567
2007-083,896,6364,582,086
2006-073,564,3643,953,276
2005-063,253,0733,390,503
2004-052,971,4642,971,464
2003-042,775,7492,625,819
2002-032,570,9352,343,864
2001-022,474,9622,175,260
2000-012,348,4812,000,743
1999-002,254,9421,858,205
1998-992,087,8281,668,739
1997-981,957,0321,447,613
1996-971,876,3191,301,788
1995-961,737,7411,118,586
1994-951,619,694955,386
1993-941,522,344817,961
1992-931,440,504703,723
1991-921,367,171613,528
1990-911,347,889531,814
1989-901,280,228456,540
1988-891,206,243396,295
1987-881,094,993332,068
1986-871,057,612292,924
1985-861,013,866262,717
1984-85973,357235,113
1983-84936,270209,356
1982-83868,092178,985
1981-82843,426160,214
1980-81798,506136,838
1979-80745,083114,500
1978-79785,965104,930
1977-78744,97297,633
1976-77693,19185,545
1975-76684,63479,582
1974-75628,07974,930
1973-74620,87263,658
1972-73593,84351,943
1971-72595,74147,221
1970-71589,78744,382
1969-70561,63041,722
1968-69527,27037,938
1967-68513,86035,976
1966-67475,19030,613
1965-66470,40226,895
1964-65488,24725,686
1963-64453,82921,986
1962-63431,96019,238
1961-62423,01117,992
1960-61410,27917,049
1959-60383,15315,574
1958-59374,94814,827
1957-58348,50013,255
1956-57352,76612,965
1955-56333,76610,861
1954-55325,43110,689
1953-54312,17711,378
1952-53294,26710,449
1951-52286,14710,596
1950-51279,61810,036