IND · South Asia / South Asia

Location

GDP per capita: 2,695 USD (PPP: 11,160 intl$) · Total GDP: 3,909.9 billion USD (2024)

Income and purchasing power

The average monthly income in India is 221 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
25.0
Est. monthly cost: $875
75.0% cheaper than NYC
Rent Index
10.0
1-bedroom, center: $280/month
90.0% cheaper than NYC
Groceries Index
28.0
Per person/month: $126
72.0% cheaper than NYC
Restaurant Price Index
22.0
Mid-range meal: $5
Purchasing Power Index
32.0
68.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

Compare with other countries →

Economic performance 2024

Indicator Value Per Capita
GDP 3,909.89 billion USD 2,695 USD
Gross National Product (GNI) 2,650 USD
GDP (PPP) 11,160 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 3,909.89 2,695
2023 3,638.49 2,530
2022 3,346.11 2,347
2021 3,167.27 2,240
2020 2,674.85 1,907
2019 2,835.61 2,041
2018 2,702.93 1,966
2017 2,651.47 1,950
2016 2,294.80 1,708
2015 2,103.59 1,584
2014 2,039.13 1,554
2013 1,856.72 1,433
2012 1,827.64 1,429
2011 1,823.05 1,445
2010 1,675.62 1,348
2009 1,341.89 1,095
2008 1,198.90 993
2007 1,216.74 1,022
2006 940.26 802
2005 820.38 710
2004 709.15 624
2003 607.70 544
2002 514.94 469
2001 485.44 450
2000 468.40 443
1999 458.82 442
1998 421.35 414
1997 415.87 416
1996 392.90 401
1995 360.28 375
1994 327.27 348
1993 279.30 303
1992 288.21 319
1991 270.11 306
1990 320.98 371
1989 296.04 350
1988 296.59 358
1987 279.03 345
1986 248.99 315
1985 232.51 301
1984 212.16 281
1983 218.26 296
1982 200.72 279
1981 193.49 275
1980 186.33 271
1979 153.00 228
1978 137.30 209
1977 121.49 190
1976 102.72 164
1975 98.47 161
1974 99.53 167
1973 85.52 147
1972 71.46 125
1971 67.35 121
1970 62.42 114
1969 58.45 109
1968 53.09 102
1967 50.13 98
1966 45.58 91
1965 59.56 122
1964 56.48 118
1963 48.42 103
1962 42.16 92
1961 39.23 88
1960 37.03 85

Largest economic sectors

The main economic sectors in India play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator India Per Capita
Imports 918.33 billion USD (23.5% of GDP)
Exports 827.41 billion USD (21.2% of GDP)

Household debt and deficits 2024

Indicator India
Government debt 1,818.98 billion USD (46.5% of GDP)

Corruption in India

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
39.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 4.2%
2024 4.2%
2023 4.2%
2022 4.8%
2021 6.4%
2020 7.9%
2019 6.5%
2018 7.7%
2017 7.6%
2016 7.6%
2015 7.6%
2014 7.7%
2013 7.7%
2012 7.6%
2011 7.6%
2010 7.6%
2009 7.6%
2008 7.6%
2007 7.6%
2006 7.6%
2005 7.6%
2004 7.6%
2003 7.6%
2002 7.7%
2001 7.6%
2000 7.6%
1999 7.6%
1998 7.6%
1997 7.6%
1996 7.5%
1995 7.6%
1994 7.6%
1993 7.7%
1992 7.6%
1991 7.6%

Inflation rates in percentages 1960 - 2024

Year Inflation Rate (%)
2024 5.0%
2023 5.6%
2022 6.7%
2021 5.1%
2020 6.6%
2019 3.7%
2018 3.9%
2017 3.3%
2016 4.9%
2015 4.9%
2014 6.7%
2013 10.0%
2012 9.5%
2011 8.9%
2010 12.0%
2009 10.9%
2008 8.3%
2007 6.4%
2006 5.8%
2005 4.2%
2004 3.8%
2003 3.8%
2002 4.3%
2001 3.8%
2000 4.0%
1999 4.7%
1998 13.2%
1997 7.2%
1996 9.0%
1995 10.2%
1994 10.2%
1993 6.3%
1992 11.8%
1991 13.9%
1990 9.0%
1989 7.1%
1988 9.4%
1987 8.8%
1986 8.7%
1985 5.6%
1984 8.3%
1983 11.9%
1982 7.9%
1981 13.1%
1980 11.3%
1979 6.3%
1978 2.5%
1977 8.3%
1976 -7.6%
1975 5.7%
1974 28.6%
1973 16.9%
1972 6.4%
1971 3.1%
1970 5.1%
1969 -0.6%
1968 3.2%
1967 13.1%
1966 10.8%
1965 9.5%
1964 13.4%
1963 2.9%
1962 3.6%
1961 1.7%
1960 1.8%

Frequently Asked Questions

What is the GDP per capita of India in 2024?

The GDP per capita of India is 2,695 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 11,160 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in India?

The main economic sectors in India include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in India in 2024?

The inflation rate in India is 5.0% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of India including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare India's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of India's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026