India GDP Annual Growth Rate: 6.1% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in India is estimated to be $3.088 Trillion US dollars at the end of 2023.

The economy of India has grown at an average annual growth rate of 3.7% in the last four years and is ranked the 2nd largest economy in Asia-Pacific, ahead of Japan.

World Economics Rates India's Offical GDP Data as Grade C

GDP Annual Growth Rate: India


Source: World Bank, World Economics
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Economic Indicators: India 2020 2021 2022 2023
GDP Annual Growth Rate (%) -6.6 8.7 6.8 6.1
GDP per Capita Annual Growth Rate (%) -7.5 7.8 6.8 6.1
Real GDP (US$ Billions, 2010) 2,509 2,726 2,892 3,088
Real GDP per Capita (US$, 2010) 1,796 1,937 2,054 2,194
Current GDP (Billions, US$) 2,668 3,176 3,369 3,598
Current GDP per Capita (US$) 1,910 2,257 2,393 2,556
Real GDP PPP (Billions, 2017) 8,538 9,279 9,914 10,514
Real GDP per Capita PPP (int$ 2017) 6,187 6,659 7,048 7,406
Data Quality Rating for India See how much you can trust India's GDP Data




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