Economy & Macroeconomics
20 Years of India's Economic Data
GDP growth, CPI inflation, petrol and LPG prices, rupee vs dollar, unemployment, and fiscal deficit — all sourced from RBI, MOSPI, and World Bank, compared across governments from 2004 to 2024.
GDP Growth — 2004 to 2024
Avg 2004–2013
7.7%
UPA era average
Change across governments
Avg 2014–2024
6.0%
NDA era average
India's GDP growth averaged 7.6% during 2004–2013 under UPA, peaking at 10.3% in 2010. The NDA era averaged 6.3% (2014–2024), with Demonetisation (Nov 2016) and GST disruption (Jul 2017) pulling growth to 6.8% in FY17. COVID caused a historic -5.8% contraction in 2020. Post-COVID recovery years (2021–2023) show high growth largely on a low base. Source: MOSPI / World Bank WDI.
Average GDP Growth Rate
↓ Worsened2004–2013
7.6%
% annual
2014–2024
6.3%
% annual
Source: World Bank WDI / MOSPI (UPA avg excludes 2008 crisis; NDA avg includes COVID)
Year-by-Year Data
| Year | Value |
|---|---|
| 2004 | 7.9 |
| 2005 | 9.3 |
| 2006 | 9.3 |
| 2007 | 9.8 |
| 2008 | 3.1 |
| 2009 | 8.4 |
| 2010 | 10.3 |
| 2011 | 6.6 |
| 2012 | 5.5 |
| 2013 | 6.4 |
| 2014 | 7.4 |
| 2015 | 8.0 |
| 2016 | 8.3 |
| 2017 | 6.8 |
| 2018 | 6.5 |
| 2019 | 3.9 |
| 2020 | -5.8 |
| 2021 | 9.1 |
| 2022 | 7.2 |
| 2023 | 8.2 |
| 2024 | 6.8 |