India - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in India was 179,152,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 184,613,000,000,000 in 2019 and a minimum value of 166,641,000,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 166,641,000,000
1961 175,850,000,000
1962 188,031,000,000
1963 214,894,000,000
1964 251,054,000,000
1965 262,874,000,000
1966 299,209,000,000
1967 351,624,000,000
1968 370,808,000,000
1969 407,787,000,000
1970 433,787,000,000
1971 461,535,000,000
1972 507,691,000,000
1973 622,190,000,000
1974 732,362,000,000
1975 777,830,000,000
1976 836,112,000,000
1977 954,259,000,000
1978 1,025,580,000,000
1979 1,119,120,000,000
1980 1,337,450,000,000
1981 1,565,920,000,000
1982 1,749,390,000,000
1983 2,046,240,000,000
1984 2,297,980,000,000
1985 2,567,790,000,000
1986 2,863,030,000,000
1987 3,245,620,000,000
1988 3,873,370,000,000
1989 4,462,210,000,000
1990 5,197,930,000,000
1991 5,996,600,000,000
1992 6,878,160,000,000
1993 7,994,720,000,000
1994 9,337,900,000,000
1995 10,933,000,000,000
1996 12,723,600,000,000
1997 14,148,900,000,000
1998 16,310,200,000,000
1999 18,162,000,000,000
2000 19,555,200,000,000
2001 21,260,900,000,000
2002 22,908,800,000,000
2003 25,664,600,000,000
2004 29,043,000,000,000
2005 33,269,100,000,000
2006 39,048,900,000,000
2007 44,901,900,000,000
2008 51,728,400,000,000
2009 59,749,100,000,000
2010 70,836,700,000,000
2011 81,069,500,000,000
2012 92,026,900,000,000
2013 103,632,000,000,000
2014 115,043,000,000,000
2015 125,745,000,000,000
2016 139,652,000,000,000
2017 155,057,000,000,000
2018 171,612,000,000,000
2019 184,613,000,000,000
2020 179,152,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts