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India: Nominal GDP

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

2025
346 trillionlocal currency
Change on 2024
+8.8%year on year
Average growth, 2015–2025
+10.0%a year
In US dollars, 2025
$3.97 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
2031629,138,752Forecast
2030567,947,072Forecast
2029512,757,536Forecast
2028462,857,856Forecast
2027417,892,096Forecast
2026379,006,752Forecast
2025345,967,552
2024318,073,088
2023289,839,104
2022261,176,272
2021229,191,968
2020192,834,800
2019195,258,048
2018183,564,832
2017165,988,656
2016149,493,040

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

Compare these sources →

India documentation (PDF)

More for India

Real GDP per capita (USD)Real GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 74 series →

Nominal GDP elsewhere

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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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