in India 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$3.74 trillion

↑ 4.91% vs 2023
GDP per Capita

$2,602.64

↑ 4.91% vs 2023
GDP Growth (Annual %)

4.91%

↓ 3.24pp vs 2023
Inflation Rate (CPI %)

4.95%

↓ 0.70pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $3.57 trillion $3.74 trillion +4.91%
GDP per Capita $2,480.79 $2,602.64 +4.91%
GDP Growth (Annual %) 8.15% 4.91% -3.24pp
Inflation (CPI %) 5.65% 4.95% -0.70pp
Unemployment Rate (%) 4.17% 4.20% +0.03pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$3.74 trillion
GDP per Capita
$2,602.64
GDP Growth (Annual %)
4.91%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
4.95%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
4.20%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

Browse Other Years

Frequently Asked Questions

As of 2024, India's Gross Domestic Product (GDP) is $3.74 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in India for 2024 is $2,602.64. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in India for 2024 is 4.95%. This measures the annual percentage change in the cost of consumer goods and services.

India's annual GDP growth rate for 2024 is 4.91%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in India for 2024 is 4.20%. This represents the percentage of the labor force that is unemployed and actively seeking employment.