Thought for the day

India Contributed Over 16% of
Global GDP Growth in the Past Decade

Growth strongly outperforms Asia-Pacific region and Emerging Markets


 
Last updated: 3 July 2024
 
India's GDP Growth
Index: 1998 = 100
India Contributed Over 16% of - Global GDP Growth in the Past Decade
* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.


Real GDP in India has surged by 406% over the last twenty-five years contributing over 16.1% of global output growth since 2013. This has pushed India’s share of the world output to over 10% making it the third-largest economy by size. In the last ten years, the country’s cumulative annual average real growth rate has been 8.5%.

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