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India: Nominal GDP

Millions of local currency · 1870–2025 · 155 observations · forecasts to 2031 · nGDP

2025
354 trillionlocal currency
Change on 2024
+8.6%year on year
Average growth, 2015–2025
+9.9%a year
In US dollars, 2025
$4.06 trillionUS dollars

Nominal GDP

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10B100B1T10T100T1,000T1875190019251950197520002025IndiaIndia
ForecastLocal currency

Compare with other countries →Definition of Nominal GDP

Recent values

Millions of local currency

YearValue
2031650,100,000Forecast
2030586,900,000Forecast
2029529,800,000Forecast
2028478,300,000Forecast
2027431,800,000Forecast
2026389,800,000Forecast
2025353,500,000
2024325,400,000
2023295,400,000
2022269,500,000
2021236,000,000
2020198,500,000
2019201,000,000
2018189,000,000
2017170,900,000
2016153,900,000

Sources

  • GPIH (UC Davis)1870–2011
  • Sivasubramonian1900–1946
  • Mitchell1948–2010
  • Fouquin & Hugot (CEPII)1949–2014
  • Penn World Table1950–2019
  • IMF Global Debt Database1950–2024
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • WDI (archive)1965–1997
  • FAO1970–2023
  • United Nations1970–2024
  • Bordo1971–1997
  • IMF World Economic Outlook1980–2025
  • World Bank Global Economic Monitor1997–2024
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • IMF International Financial Statistics2005–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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