In 2023, India witnessed an increase in its Nominal GDP, rising to 3,549.92 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 14,537.40 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, India has Nominal GDP stood at 3,353.47 billion dollars, while the GDP based on PPP was 13,037.40 international billion dollars.
The net change in India's GDP (Nominal) in 2023 increased by 196.45 billion dollars(5.53%), and GDP (PPP) increased by 1,500.00 international billion dollars(10.32%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 37.03 | - | - | - | - | - |
1961 | 39.23 | 2.20 | 5.61 % | - | - | - |
1962 | 42.16 | 2.93 | 6.95 % | - | - | - |
1963 | 48.42 | 6.26 | 12.93 % | - | - | - |
1964 | 56.48 | 8.06 | 14.27 % | - | - | - |
1965 | 59.56 | 3.08 | 5.17 % | - | - | - |
1966 | 45.58 | -13.98 | -30.67 % | - | - | - |
1967 | 50.13 | 4.55 | 9.08 % | - | - | - |
1968 | 53.09 | 2.96 | 5.58 % | - | - | - |
1969 | 58.45 | 5.36 | 9.17 % | - | - | - |
1970 | 62.42 | 3.97 | 6.36 % | - | - | - |
1971 | 67.35 | 4.93 | 7.32 % | - | - | - |
1972 | 71.46 | 4.11 | 5.75 % | - | - | - |
1973 | 85.52 | 14.06 | 16.44 % | - | - | - |
1974 | 99.53 | 14.01 | 14.08 % | - | - | - |
1975 | 98.47 | -1.06 | -1.08 % | - | - | - |
1976 | 102.72 | 4.25 | 4.14 % | - | - | - |
1977 | 121.49 | 18.77 | 15.45 % | - | - | - |
1978 | 137.30 | 15.81 | 11.51 % | - | - | - |
1979 | 153.00 | 15.70 | 10.26 % | - | - | - |
1980 | 186.33 | 33.33 | 17.89 % | - | - | - |
1981 | 193.49 | 7.16 | 3.70 % | - | - | - |
1982 | 200.72 | 7.23 | 3.60 % | - | - | - |
1983 | 218.26 | 17.54 | 8.04 % | - | - | - |
1984 | 212.16 | -6.10 | -2.88 % | - | - | - |
1985 | 232.51 | 20.35 | 8.75 % | - | - | - |
1986 | 248.99 | 16.48 | 6.62 % | - | - | - |
1987 | 279.03 | 30.04 | 10.77 % | - | - | - |
1988 | 296.59 | 17.56 | 5.92 % | - | - | - |
1989 | 296.04 | -0.55 | -0.19 % | - | - | - |
1990 | 320.98 | 24.94 | 7.77 % | 1,048.33 | - | - |
1991 | 270.11 | -50.87 | -18.83 % | 1,095.24 | 46.91 | 4.28 % |
1992 | 288.21 | 18.10 | 6.28 % | 1,181.61 | 86.37 | 7.31 % |
1993 | 279.30 | -8.91 | -3.19 % | 1,267.08 | 85.47 | 6.75 % |
1994 | 327.28 | 47.98 | 14.66 % | 1,380.31 | 113.23 | 8.20 % |
1995 | 360.28 | 33.00 | 9.16 % | 1,516.00 | 135.69 | 8.95 % |
1996 | 392.90 | 32.62 | 8.30 % | 1,660.30 | 144.30 | 8.69 % |
1997 | 415.87 | 22.97 | 5.52 % | 1,757.33 | 97.03 | 5.52 % |
1998 | 421.35 | 5.48 | 1.30 % | 1,886.98 | 129.65 | 6.87 % |
1999 | 458.82 | 37.47 | 8.17 % | 2,082.96 | 195.98 | 9.41 % |
2000 | 468.40 | 9.58 | 2.05 % | 2,211.97 | 129.01 | 5.83 % |
2001 | 485.44 | 17.04 | 3.51 % | 2,370.88 | 158.91 | 6.70 % |
2002 | 514.94 | 29.50 | 5.73 % | 2,499.31 | 128.43 | 5.14 % |
2003 | 607.70 | 92.76 | 15.26 % | 2,748.99 | 249.68 | 9.08 % |
2004 | 709.15 | 101.45 | 14.31 % | 3,046.57 | 297.58 | 9.77 % |
2005 | 820.38 | 111.23 | 13.56 % | 3,391.06 | 344.49 | 10.16 % |
2006 | 940.26 | 119.88 | 12.75 % | 3,777.41 | 386.35 | 10.23 % |
2007 | 1,216.74 | 276.48 | 22.72 % | 4,176.97 | 399.56 | 9.57 % |
2008 | 1,198.90 | -17.84 | -1.49 % | 4,388.86 | 211.89 | 4.83 % |
2009 | 1,341.89 | 142.99 | 10.66 % | 4,763.10 | 374.24 | 7.86 % |
2010 | 1,675.62 | 333.73 | 19.92 % | 5,230.66 | 467.56 | 8.94 % |
2011 | 1,823.05 | 147.43 | 8.09 % | 5,618.38 | 387.72 | 6.90 % |
2012 | 1,827.64 | 4.59 | 0.25 % | 6,162.75 | 544.37 | 8.83 % |
2013 | 1,856.72 | 29.08 | 1.57 % | 6,497.74 | 334.99 | 5.16 % |
2014 | 2,039.13 | 182.41 | 8.95 % | 6,812.81 | 315.07 | 4.62 % |
2015 | 2,103.59 | 64.46 | 3.06 % | 7,204.58 | 391.77 | 5.44 % |
2016 | 2,294.80 | 191.21 | 8.33 % | 7,795.52 | 590.94 | 7.58 % |
2017 | 2,651.47 | 356.67 | 13.45 % | 8,354.71 | 559.19 | 6.69 % |
2018 | 2,702.93 | 51.46 | 1.90 % | 9,230.79 | 876.08 | 9.49 % |
2019 | 2,835.61 | 132.68 | 4.68 % | 9,932.85 | 702.06 | 7.07 % |
2020 | 2,674.85 | -160.76 | -6.01 % | 9,771.02 | -161.83 | -1.66 % |
2021 | 3,167.27 | 492.42 | 15.55 % | 11,384.40 | 1,613.38 | 14.17 % |
2022 | 3,353.47 | 186.20 | 5.55 % | 13,037.40 | 1,653.00 | 12.68 % |
2023 | 3,549.92 | 196.45 | 5.53 % | 14,537.40 | 1,500.00 | 10.32 % |