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India GDP Growth

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Currency in  INR - India GDP Growth Rate Historical Data
YearGDPPerCapitaGDP Growth (%)Annual Change
2022 $3385.09B2389 7.00% -2.05
2021 $3150.31B2238 9.05% 14.88
2020 $2671.60B1913 -5.83% -9.7
2019 $2835.61B2050 3.87% -2.58
2018 $2702.93B1974 6.45% -0.34
2017 $2651.47B1958 6.80% -1.46
2016 $2294.80B1714 8.26% 0.26
2015 $2103.59B1590 8.00% 0.59
2014 $2039.13B1560 7.41% 1.02
2013 $1856.72B1438 6.39% 0.93
2012 $1827.64B1434 5.46% 0.22
2011 $1823.05B1450 5.24% -3.26
2010 $1675.62B1351 8.50% 0.64
2009 $1341.89B1097 7.86% 4.78
2008 $1198.90B994 3.09% -4.57
2007 $1216.74B1023 7.66% -0.4
2006 $940.26B802 8.06% 0.14
2005 $820.38B711 7.92% 0
2004 $709.15B624 7.92% 0.06
2003 $607.70B544 7.86% 4.06
2002 $514.94B469 3.80% -1.02
2001 $485.44B450 4.82% 0.98
2000 $468.39B442 3.84% -5
1999 $458.82B441 8.85% 2.66
1998 $421.35B413 6.18% 2.13
1997 $415.87B415 4.05% -3.5
1996 $392.90B400 7.55% -0.02
1995 $360.28B374 7.57% 0.92
1994 $327.28B346 6.66% 1.91
1993 $279.30B302 4.75% -0.73
1992 $288.21B318 5.48% 4.43
1991 $270.11B304 1.06% -4.48
1990 $320.98B369 5.53% -0.41
1989 $296.04B347 5.95% -3.68
1988 $296.59B356 9.63% 5.66
1987 $279.03B342 3.97% -0.81
1986 $248.99B312 4.78% -0.48
1985 $232.51B298 5.25% 1.43
1984 $212.16B278 3.82% -3.47
1983 $218.26B293 7.29% 3.81
1982 $200.72B275 3.48% -2.53
1981 $193.49B271 6.01% -0.73
1980 $186.33B267 6.74% 11.97
1979 $152.99B225 -5.24% -10.95
1978 $137.30B206 5.71% -1.54
1977 $121.49B186 7.25% 5.59
1976 $102.72B161 1.66% -7.49
1975 $98.47B158 9.15% 7.96
1974 $99.53B163 1.19% -2.11
1973 $85.52B143 3.30% 3.85
1972 $71.46B123 -0.55% -2.2
1971 $67.35B118 1.64% -3.51
1970 $62.42B112 5.16% -1.38
1969 $58.45B107 6.54% 3.15
1968 $53.09B100 3.39% -4.44
1967 $50.13B96 7.83% 7.88
1966 $45.87B90 -0.06% 2.58
1965 $59.55B119 -2.64% -10.09
1964 $56.48B115 7.45% 1.46
1963 $48.42B101 5.99% 3.06
1962 $42.16B90 2.93% -0.79
1961 $39.23B86 3.72%  

India GDP Growth - Historical Chart

FAQs

What is GDP meaning in simple words?
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country's economic health.
How is GDP calculated?
Accordingly, GDP is defined by the following formula: GDP = Consumption + Investment + Government Spending + Net Exports or more succinctly as GDP = C + I + G + NX where consumption (C) represents private-consumption expenditures by households and nonprofit organizations, investment (I) refers to business expenditures.
Why is GDP important?
GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well.
How to increase GDP?
Multiple factors working together typically are what impact economic growth, which often is reflected in GDP growth and GNP growth. There are numerous strategies governments might use to try and stimulate economic growth, such as tax breaks or tax rebates, deregulation, and investment in infrastructure.
What are the 4 factors of GDP?
The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1 That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy.

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