India

Updated: July 2026


Key Insights
  • Economy
    India is an extraordinary mixture of a modern high-end services-led economy with a vast poor informal sector. And while its GDP data quality is rated B by World Economics, it is adequate to illustrate the story of one of the world's fastest growing economies over recent decades, now clearly number 3 in the GDP pecking order. However, India now faces a formidable list of problems, of which climate change is central, which could collectively lead to a reduction in economic growth, and to falling asset values in the short to medium term. Prime Minister Modi's belief that India will achieve developed country status by 2047 looks optimistic.

  • Climate Change
    India is particularly vulnerable to climate change mainly due to its already high average temperature and other factors including pollution, heat stress and water stress. Projections of the economic impact of this vary greatly according to the scenarios of various climate pathways. Yet the accumulating evidence of physical damage from climate change – to productivity, health, infrastructure, and therefore overall GDP – is illustrated by Moody’s high credit risk assessment for India. The global insurer, Swiss Re, has produced an extensive Climate Economics Index which places potential damage at a colossal 35% of India’s GDP by the mid-century under an extreme climate change scenario. There can be little certainty with these projected numbers, but evidence of the destructive power of climate change is becoming increasingly apparent in India


 
 
GDP DATA QUALITY

Data Quality Ratings are derived from scores in five areas: Base year recency; System of National Accounts framework version; Informal economy size; Statistical resources available; and likelihood of Government interference. Scores are based on a 0-100 scale. Read more...


GDP Data Quality Ratings
Index: 0 = Extremely poor quality, 100 = Good as it gets
Ranked by Data Quality Index
Filter:
All
Country
Rank
Order
World Economics
Data Quality
(Index, 0-100)
World Economics
Data Quality
(Rating, A-E)
Base
Year
Chained/Year
SNA
Framework
Version
Informal
Economy
% of GDP
Statistical
Resources
Index (0-100)
Governance
Levels
Index (0-100)





Moldova 49 79.0 B Chained 2008 33.6 77.9 56.0
Hong Kong 50 78.6 B Chained 2008 14.7 96.4 56.0
Mongolia 51 78.3 B 2015 2008 16.6 88.0 52.7
Oman 52 76.8 B 2018 2008 15.1 76.3 43.1
Malaysia 53 76.7 B 2015 2008 24.5 88.8 55.3
Morocco 54 76.7 B Chained 2008 27.6 72.8 40.4
Dominican Republic 55 76.4 B Chained 2008 27.6 56.6 54.1
Armenia 56 76.3 B Chained 2008 36.8 71.6 53.9
India 57 76.1 B 2023 2008 26.7 69.2 47.3
Qatar 58 75.2 B 2018 2008 12.6 54.6 52.9
Jordan 59 75.0 B 2016 2008 15.4 76.0 42.4
Uruguay 60 74.8 C 2016 2008 35.6 68.1 78.9
Türkiye 61 74.5 C Chained 2008 26.5 71.2 29.8
Georgia 62 74.1 C Chained 2008 46.1 82.4 46.4
Botswana 63 74.0 C 2016 2008 28.6 68.0 64.6
Tunisia 64 73.3 C Chained 2008 31.6 66.5 35.9
Thailand 65 73.2 C Chained 2008 38.6 71.5 40.7

Access full Data Quality Ratings table

Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Rating definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality

The index calculations and displayed data are derived from the most current and up-to-date source data available.
+
 


 
GDP SIZE

GDP Size data is shown 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. Read more...


Gross Domestic Product (GDP)
Ranked by GDP: 2025
Filter:
All
Country Rank
Order
World Economics
Data Quality
(Rating, A-E)
2025
Estimate
Billions, PPP Int$
2030
Estimate
Billions, PPP Int$
Share of
Global GDP
%, 2025




China 1 C $42,192 $52,124 19.5%
United States 2 A $27,915 $32,467 12.9%
India 3 B $19,875 $27,199 9.2%
Russia 4 C $7,702 $8,675 3.6%
Japan 5 A $6,326 $6,703 2.9%
Indonesia 6 C $6,302 $7,911 2.9%
Germany 7 A $5,731 $6,005 2.7%
Brazil 8 B $5,534 $6,432 2.6%
France 9 A $4,279 $4,785 2.0%
United Kingdom 10 A $4,021 $4,603 1.9%
Türkiye 11 C $4,015 $5,305 1.9%

Access full GDP by Size table

Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality


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.

Share of Global GDP expressed as a percentage of the sum of GDP for all countries in the World Economics database.

Projections for 2030 are made by applying IMF growth rates for 2025 and 2026, with the 5-Year Compound Annual Growth Rate (CAGR) applied thereafter to extrapolate the data to 2030.
+
 


 
GDP GROWTH

Compound Annual Growth Rates (CAGR) are derived from GDP Data 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.


Compound Annual Growth Rate (CAGR) over the last 10-years
Ranked by CAGR: 10-Year
Filter:
All

Country Rank
Order
World Economics
Data Quality
(Rating, A-E)
CAGR
10 Year
2015-2025
CAGR
5 Year
2020-2025
CAGR
3 Year
2022-2025
Share of
Global Growth
Percentage




Guyana 1 D 22.1% 34.0% 30.1% 0.1%
Ethiopia 2 E 7.3% 6.3% 6.9% 0.6%
Tajikistan 3 D 7.2% 7.7% 7.1% 0.1%
Rwanda 4 C 6.8% 8.5% 7.9% 0.1%
India 5 B 6.5% 6.5% 8.5% 15.7%
Guinea 6 E 6.4% 5.2% 5.5% 0.1%
Bangladesh 7 C 6.2% 5.7% 4.8% 1.7%
Malta 8 B 6.1% 7.4% 7.1% 0.0%
Benin 9 C 6.0% 6.7% 6.8% 0.1%
Cote d'Ivoire 10 C 6.0% 6.5% 6.3% 0.3%
Vietnam 11 D 6.0% 5.8% 6.1% 1.7%
Niger 12 D 5.9% 6.4% 6.4% 0.1%
Georgia 13 C 5.8% 9.0% 7.8% 0.1%

Access full GDP Growth table

Data Notes
Data Quality Index numbers shown on a scale of 0-100.
         0 = Poor, 100 = Excellent.

Grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality


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.

Share of Global GDP Growth expressed as a percentage of the sum of GDP for all countries in the World Economics database.
+
 


 
WEALTH

Wealth is notoriously difficult to measure. The table below shows two measures: Income per Capita (proxied by GDP per capita) and Asset Wealth per Capita (proxied by data derived from the Credit Suisse Wealth Report). Population data is sourced from the United Nations Population Prospects database.


Income and Asset Wealth Per Capita
Indexes: 0 = Extremely poor, 100 = Good as it gets.
Data ranked by Income per Capita

Filter:
All
Country Income
per Capita
(2025, Int$)
Asset Wealth
per Capita
(2024, Int$)




Angola $17.2K $2.3K
Tunisia $17.0K $14.2K
El Salvador $17.0K $32.1K
Nigeria $16.3K $3.1K
Jamaica $16.2K $18.1K
Namibia $15.7K $11.5K
Philippines $15.7K $8.6K
Uzbekistan $14.1K $
India $13.6K $10.8K
Lebanon $13.6K $64.4K
Cabo Verde $13.5K $
Cambodia $13.4K $3.8K
Laos $13.0K $3.7K
Jordan $12.7K $20.7K
Bangladesh $12.5K $6.2K
Morocco $12.2K $9.2K
Ghana $11.9K $3.3K

Access full Wealth table


Data Notes
Income Wealth uses GDP per capita derived from World Economics GDP data for 2025 measured in PPP Int$ terms, with added estimates for the Informal economy and adjustments for Base Year age.

Asset Wealth uses the Credit Suisse Mean Net Wealth per country data converted into per capita terms using population data from the United Nations Population Prospects database.
+
 


 
INEQUALITY

The Inequality Index shown below is derived from the Gini Inequality Coefficient. Gini Country data varies considerably by date. These variations are recorded in the World Economics database.

The World Economics Inequality Index ranks each country onto a scale of 0-100, a high value indicates a more egalitarian society - and a low value suggests a lot of the national income is in the hands of very few depending upon the unit of measurement. Read more...


Inequality Rankings
Index: 0-100, 0 = High Inequality; 100 = High Equality
Filter:
All

Country Rank
Order
World Economics
Inequality Index
(0-100)
World Economics
Inequality Rating
(A-E)
Gini
Coefficient
(%)
Gini
Data
(Year)




Qatar 139 29.6 E 53.8 2019
Rwanda 140 29.2 E 53.9 2019
Lebanon 141 28.7 E 54.2 2019
Saudi Arabia 142 28.2 E 54.4 2019
Zimbabwe 143 28.0 E 54.5 2019
Uganda 144 27.9 E 54.5 2020
Bahrain 145 25.1 E 55.7 2019
Congo, Rep. 146 24.7 E 55.9 2019
India 147 21.9 E 57.1 2019
Angola 148 20.4 E 61.1 2019
Yemen, Rep. 149 19.5 E 58.2 2019
Botswana 150 17.0 E 59.3 2019
Central African Republic 151 14.2 E 64.9 2019
Zambia 152 11.3 E 61.7 2019
Namibia 153 5.6 E 64.2 2019
Mozambique 154 4.6 E 64.6 2019
South Africa 155 2.9 E 65.4 2019

Access full Inequality table

Data Notes
The Index is on a scale of 0-100, a high value indicates a more egalitarian society - and a low value suggests a lot of the national income is in the hands of very few depending upon the unit of measurement.

Rating definitions:
         A: Very good
         B: Good
         C: Average
         D: Poor
         E: Very poor


+
 


 
DEBT

The debt-to-GDP ratio is the ratio between a country's offical government debt and its gross domestic product (GDP), the later measured in Purchasing Power Parity terms with added estimates for out-of-date adjustments for out-of-date GDP base years and the size of informal economic activity.


Debt-to-GDP Ratio
Ranked by debt as a percentage of GDP
Filter:
All
Country Rank
Order
Debt
% of GDP
Debt
Billions, Int$



Bhutan 21 73.5% $15.60
Brazil 22 73.2% $4,050.58
Zambia 23 73.2% $107.34
Mauritius 24 72.9% $31.75
Jordan 25 67.9% $99.02
Sri Lanka 26 67.5% $293.08
Tunisia 27 62.8% $131.68
Hungary 28 62.3% $302.00
India 29 62.3% $12,381.91
El Salvador 30 61.4% $66.18
Mozambique 31 61.4% $54.12
Bolivia 32 61.3% $134.62
Israel 33 61.3% $341.44
Germany 34 60.3% $3,456.07
Suriname 35 58.7% $10.36
Laos 36 57.4% $58.56
Egypt 37 57.2% $1,732.67

Access full debt table

Data Notes
GDP is presented it 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.

Debt-to-GDP ratio expressed in percentage terms.
+
Related Data
+



↑ TOP CONTINUE TO DEMOGRAPHY →