India GDP Growth (1961-2023)
India's economic growth trajectory from 1961 to 2023 highlights key periods of expansion and contraction. The liberalization reforms in the early 1990s set the stage for a decade of growth, reaching in 1999. The mid-2000s brought consistent expansion, peaking at in 2010 due to infrastructure development and rising consumption. However, 2020 marked a sharp decline of - due to the pandemic, but India quickly rebounded, recording growth in 2021. By 2023, the GDP growth rate stabilized at , driven by continued industrial and digital sector growth.
Gain a broader perspective by reviewing India’s population density, India’s unemployment rate trend, India’s population figures.
