Thought for the day

India Contributed Approximately 15% of
Global GDP Growth in the Past Decade

Growth strongly outperforms Asia-Pacific region and Emerging Markets


 
8 May 2024
 
India's GDP Growth
Index: 1998 = 100
India Contributed Approximately 15% of - Global GDP Growth in the Past Decade
* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.

Real GDP in India has surged by 347% over the last twenty-five years contributing approximately 15% of global output growth since 2013. This has pushed India’s share of the world output up to close to 10% making it the third-largest economy by size. In the last ten years, the country’s cumulative annual average real growth rate has been 7.5%.

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