India 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$3.57 trillion
↑ 6.38% vs 2022GDP per Capita
$2,480.79
↑ 5.45% vs 2022GDP Growth (Annual %)
8.15%
↑ 1.17pp vs 2022Inflation Rate (CPI %)
5.65%
↓ 1.05pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $3.35 trillion | $3.57 trillion | +6.38% |
| GDP per Capita | $2,352.61 | $2,480.79 | +5.45% |
| GDP Growth (Annual %) | 6.99% | 8.15% | +1.17pp |
| Inflation (CPI %) | 6.70% | 5.65% | -1.05pp |
| Unemployment Rate (%) | 4.82% | 4.17% | -0.65pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $3.57 trillion
- GDP per Capita
- $2,480.79
- GDP Growth (Annual %)
- 8.15%
- Gross National Income
- $3.52 trillion
Prices & Employment
- Inflation (CPI %)
- 5.65%
- Inflation (GDP Deflator %)
- 1.33%
- Unemployment Rate (%)
- 4.17%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.90%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, India's Gross Domestic Product (GDP) is $3.57 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in India for 2023 is $2,480.79. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in India for 2023 is 5.65%. This measures the annual percentage change in the cost of consumer goods and services.
India's annual GDP growth rate for 2023 is 8.15%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in India for 2023 is 4.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.