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IN

India

IN · IND · #7 · 64 cities

Nomad score 59/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$19,412
GDP (2031)
$6.8T
GDP growth (2031)
6.5% →
Inflation (2031)
4.0% →
Unemployment (2031)
4.9% →
Population (2031)
1.5B
Population growth (2031)
0.8% ↓
Gini index (2022)
25.5
Government debt (2031)
77.7% of GDP
Current account (2031)
-1.9% of GDP
FDI inflows (2025)
$39.1B
Life expectancy (2024)
72.2 yrs
Health spending (2023)
3.3% of GDP
Internet users (2025)
70.0%
Mobile subscriptions (2024)
79.4/100
Trade openness (2025)
46.3% of GDP
Exchange rate (2025)
87.16/USD
Foreign reserves (2025)
$700.1B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
77.7% of GDP
Current account (2031)
-1.9% of GDP
FDI inflows (2025)
$39.1B

Income inequality (Gini)

Gini index (2022)
0.26
Assessment
Low inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
0.18/1k
Tax revenue (2022)
6.9% of GDP
Services sector (2025)
49.3% of GDP

Financial access and costs

ATMs per 100k (2024)
24.5
Bank branches per 100k (2024)
14.6
ICT service exports (2025)
48.6%
Goods and services tax (2022)
4.2%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $6.8T $19,412 6.5% 4.0% 4.9% 1.5B - 77.7% -1.9% - - - - -
2030 * $6.2T $17,775 6.5% 4.0% 4.9% 1.5B - 79.5% -1.7% - - - - -
2029 * $5.6T $16,247 6.5% 4.0% 4.9% 1.5B - 80.6% -1.5% - - - - -
2028 * $5.1T $14,795 6.5% 4.0% 4.9% 1.5B - 81.7% -1.5% - - - - -
2027 * $4.6T $13,503 6.5% 4.0% 4.9% 1.5B - 82.5% -1.6% - - - - -
2026 * $4.2T $12,351 6.5% 4.7% 4.9% 1.5B - 83.4% -2.0% - - - - -
2025 $3.9T $11,748 7.6% 2.1% 4.9% 1.5B - 84.1% -0.9% $39.1B - - 70.0% 87.16
2024 $3.8T $10,719 7.1% 4.6% 4.9% 1.5B - 84.8% -0.6% $27.1B 72.2 - 64.9% 83.67
2023 $3.5T $9,853 7.2% 5.4% 4.9% 1.4B - 85.0% -0.7% $28.1B 72.0 3.3% 60.3% 82.60
2022 $3.2T $8,941 7.6% 6.6% 5.3% 1.4B 25.5 84.6% -2.1% $49.9B 71.7 3.4% 55.9% 78.60
2021 $3.1T $7,819 9.7% 5.5% 7.4% 1.4B - 85.7% -1.3% $44.7B 67.3 3.4% 49.3% 73.92
2020 $2.6T $6,766 -5.8% 6.2% 8.7% 1.4B - 90.6% 0.9% $64.4B 70.2 3.3% 43.4% 74.10
2019 $2.8T $6,945 3.9% 4.8% 7.5% 1.4B - 76.7% -0.9% $50.6B 70.8 3.0% 29.5% 70.42
2018 $2.7T $6,522 6.5% 3.4% 8.9% 1.4B - 71.7% -2.2% $42.1B 70.4 2.9% 20.1% 68.39
2017 $2.6T $5,968 6.8% 3.6% 7.6% 1.4B - 70.8% -1.9% $40.0B 70.1 2.9% 18.2% 65.12
2016 $2.3T $5,634 8.3% 4.5% 7.6% 1.3B - 69.8% -0.6% $44.5B 69.7 3.5% 16.5% 67.20
2015 $2.1T $5,269 8.0% 4.9% 7.6% 1.3B - 69.8% -1.1% $44.0B 69.3 3.6% 14.9% 64.15
2014 $2.0T $5,042 7.4% 5.9% 7.7% 1.3B - 67.6% -1.3% $34.6B 68.9 3.6% 13.5% 61.03
2013 $1.8T $4,870 6.4% 9.8% 7.7% 1.3B - 68.0% -1.7% $28.2B 68.5 3.8% 12.3% 58.60
2012 $1.8T $4,681 5.5% 10.0% 7.7% 1.3B - 68.1% -4.8% $24.0B 68.1 3.3% 11.1% 53.44
2011 $1.8T $4,327 5.2% 8.1% 7.6% 1.3B 28.8 68.7% -4.3% $36.5B 67.6 3.3% 10.1% 46.67
2010 $1.7T $4,086 8.5% 9.4% 7.6% 1.2B - 67.7% -2.9% $27.4B 67.2 3.3% 7.5% 45.73
2009 $1.3T $3,775 7.9% 10.6% 7.6% 1.2B 27.8 72.7% -2.9% $35.6B 66.7 3.6% 5.1% 48.41
2008 $1.2T $3,529 3.1% 9.2% 7.6% 1.2B - 74.3% -2.3% $43.4B 66.3 3.6% 4.4% 43.51
2007 $1.2T $3,407 7.7% 5.9% 7.6% 1.2B - 75.4% -1.3% $25.2B 65.8 3.6% 4.0% 41.35
2006 $940.3B $3,128 8.1% 6.7% 7.6% 1.2B - 77.9% -1.0% $20.0B 65.4 3.7% 2.8% 45.31
2005 $820.4B $2,852 7.9% 3.7% 7.6% 1.2B - 82.4% -1.2% $7.3B 64.9 3.9% 2.4% 44.10
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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