GDP Growth of India

Source Ministry of Statistics and Programme Implementation : (2004-17), (2011-21)
World Bank
IMF World Economic Outlook (April - 2021)
Date08 Jun 2021

According to the IMF World Economic Outlook (April-2021), India's GDP growth rate in 2021 is projected at 12.55%. India is in 5th position out of 193 economies. India is among six economies that will experience a double-digit growth rate in 2021. With a 7.965% contraction in 2020, India is at the 150th position.

India was among the top ten growing economies in two years, 2016 (7th out of 203) and 2015 (9th out of 204).

Real GDP growth or Gross Domestic Product (GDP) growth of India at constant (2011-12) prices in the year 2020-21 is estimated at -7.25 percent compared to the growth rate of 4.04 percent in 2019-20. The growth in the gross domestic product in 2020-21 is the slowest since 1950-51.

GVA growth rates of the Agriculture & allied, Industry, and Services sectors are 3.63%, -6.96%, and -8.36%, respectively. India has registered the highest growth of 3.63% in the 'Agriculture, forestry & fishing' sector and lowest -18.2% in 'Trade, hotels, transport, communication and services related to broadcasting' sector. Overall GVA growth at constant prices is -6.16%.

With GDP growth rates of -2.97% at current prices in 2019-20, India has recorded the lowest nominal growth rate in the 2011-12 series. In 2004-05 series, it is 2nd lowest after -6.06 in 1954-55. GVA growth rates of the Agriculture & allied, Industry, and Services sectors are 6.56%, -5.61%, and -4.86%, respectively. Overall GVA growth at current prices is -2.96%.

In the 2004-05 series, the 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 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
2017-186.806.236.876.7411.0311.0312.1212.21
2018-196.535.906.566.3610.5110.6810.5310.33
2019-204.044.144.163.607.757.587.887.72
2020-21-7.25-6.16-7.23-7.38-2.97-2.96-2.96-2.96

Per capita growth (2011-12 series)

Year Per capita Growth rate (%) at 2011-12 prices Per capita Growth rate (%) at current prices (%)
GDPGNINNIGDP GNINNI
2005-066.276.246.0912.2412.2212.24
2006-076.526.456.2915.4715.3915.59
2007-086.156.536.2613.5213.9313.87
2008-091.661.480.8311.0010.8110.32
2009-106.396.386.0613.8813.8813.77
2010-117.036.516.3818.3017.7418.22
2011-122.312.512.0811.2411.4611.39
2012-134.183.863.2712.4412.1111.85
2013-145.024.954.6311.5211.4411.46
2014-156.056.126.179.599.669.52
2015-166.656.656.679.089.119.41
2016-176.926.946.8810.389.409.57
2017-185.585.655.529.7710.8410.93
2018-195.495.515.319.439.449.25
2019-202.963.082.526.636.766.60
2020-21-8.24-8.22-8.36-4.01-3.99-3.99
  • GDP growth
  • GDP per capita growth

Projections by IMF

Year GDP Growth rate(%)
2020-7.965
202112.546
20226.932
20236.816
20246.691
20256.623
20266.535

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