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Macro

India

South Asia · Lower middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 4.1%
Current prices2025
3,916USD bn
GDP per capita▲ 3.2%
Current prices2025
2,675USD
Real GDP growth▲ 0.5 pp
Annual change2025
7.6%
Inflation▼ 2.5 pp
Average consumer prices2025
2.1%
Unemployment■ 0.0 pp
Rate2025
4.9%
Government debt▼ 0.7 pp
General government, gross2025
84.1% of GDP
Current account▼ 0.3 pp
Balance2025
-0.9% of GDP
Population▲ 0.9%
Total2025
1,463.87million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-5.80.09.71995: 7.6%1996: 7.5%1997: 4.0%1998: 6.2%1999: 8.8%2000: 3.8%2001: 4.8%2002: 3.8%2003: 7.9%2004: 7.9%2005: 7.9%2006: 8.1%2007: 7.7%2008: 3.1%2009: 7.9%2010: 8.5%2011: 5.2%2012: 5.5%2013: 6.4%2014: 7.4%2015: 8.0%2016: 8.3%2017: 6.8%2018: 6.5%2019: 3.9%2020: -5.8%2021: 9.7%2022: 7.6%2023: 7.2%2024: 7.1%2025: 7.6%2026: 6.5% (IMF projection)2027: 6.5% (IMF projection)2028: 6.5% (IMF projection)2029: 6.5% (IMF projection)2030: 6.5% (IMF projection)2031: 6.5% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.013.11995: 10.0%1996: 9.4%1997: 6.8%1998: 13.1%1999: 3.4%2000: 3.8%2001: 4.4%2002: 5.0%2003: 4.1%2004: 4.0%2005: 3.7%2006: 6.7%2007: 5.9%2008: 9.2%2009: 10.6%2010: 9.4%2011: 8.1%2012: 10.0%2013: 9.8%2014: 5.9%2015: 4.9%2016: 4.5%2017: 3.6%2018: 3.4%2019: 4.8%2020: 6.2%2021: 5.5%2022: 6.6%2023: 5.4%2024: 4.6%2025: 2.1%2026: 4.7% (IMF projection)2027: 4.0% (IMF projection)2028: 4.0% (IMF projection)2029: 4.0% (IMF projection)2030: 4.0% (IMF projection)2031: 4.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %9.77.67.27.17.66.56.56.56.56.5
Inflation, average consumer prices %5.56.65.44.62.14.74.04.04.04.0
Unemployment rate %7.45.34.94.94.94.94.94.94.94.9
GDP, current prices USD bn3,0853,2503,5013,7613,9164,1534,5795,0595,5996,173
GDP per capita, current prices USD2,1812,2802,4342,5922,6752,8133,0753,3693,7004,048
GDP per capita, PPP Int. USD7,8408,9659,88010,74711,78912,80113,81914,83715,95717,175
General government gross debt % of GDP85.784.685.084.884.183.482.581.780.679.5
General government net lending/borrowing % of GDP-9.7-9.2-8.4-7.9-7.4-7.4-7.3-7.1-6.9-6.7
Current account balance % of GDP-1.3-2.1-0.7-0.6-0.9-2.0-1.6-1.5-1.5-1.7
Population million1,414.201,425.421,438.071,450.941,463.871,476.631,489.161,501.431,513.421,525.14

Government debt, % of GDP

General government gross debt
0.090.62000: 75%2001: 80%2002: 84%2003: 86%2004: 85%2005: 82%2006: 78%2007: 75%2008: 74%2009: 73%2010: 68%2011: 69%2012: 68%2013: 68%2014: 68%2015: 70%2016: 70%2017: 71%2018: 72%2019: 77%2020: 91%2021: 86%2022: 85%2023: 85%2024: 85%2025: 84%2026: 83% (IMF projection)2027: 83% (IMF projection)2028: 82% (IMF projection)2029: 81% (IMF projection)2030: 79% (IMF projection)2031: 78% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-4.80.02.32000: -0.6%2001: 0.7%2002: 1.2%2003: 2.3%2004: -0.3%2005: -1.2%2006: -1.0%2007: -1.3%2008: -2.3%2009: -2.9%2010: -2.9%2011: -4.3%2012: -4.8%2013: -1.7%2014: -1.3%2015: -1.1%2016: -0.6%2017: -1.9%2018: -2.2%2019: -0.9%2020: 0.9%2021: -1.3%2022: -2.1%2023: -0.7%2024: -0.6%2025: -0.9%2026: -2.0% (IMF projection)2027: -1.6% (IMF projection)2028: -1.5% (IMF projection)2029: -1.5% (IMF projection)2030: -1.7% (IMF projection)2031: -1.9% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199524.528.617.937.8
200517.629.516.044.4
201516.227.315.647.8
202516.225.213.549.3

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method2,760USD2025+74.7%
GNI, Atlas method4,036USD bn2025+92.4%
Exports of goods and services22.3% of GDP2025+2.4 pp
Imports of goods and services24.0% of GDP2025+1.9 pp
Life expectancy at birth72.2years2024+4.8%
Urban population35.7% of total2025+3.1 pp

India on the platform

Market data for this country

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)