India’s GDP Doubled in the Last 10 Years: IMF

 

According to the International Monetary Fund (IMF), India’s Gross Domestic Product (GDP) has doubled over the past decade. At current prices, India’s GDP stood at $2.1 trillion in 2015, and is projected to reach $4.27 trillion by the end of 2025—a remarkable 100% growth in just ten years.

The IMF further reported that India's real GDP growth rate for the current calendar year is expected to be 6.5%, indicating robust and stable economic expansion. After adjusting for inflation, the increase in the value of goods and services produced reflects India’s position as one of the fastest-growing major economies globally.

The IMF emphasized that inflation has been a key factor influencing India's economic landscape. According to global financial agencies, India’s inflation rate is expected to average 4.1%, which remains within the government's target range of 4–6%.

Rising Per Capita Income

IMF data also shows that India's per capita GDP (which reflects average income per citizen) currently stands at $11,940, signaling significant improvement in both personal prosperity and standard of living in recent years.

However, the report also highlighted a critical concern: India’s total general government debt is currently 82.6% of GDP. This suggests that despite rapid economic growth, the government’s overall borrowing remains relatively high in proportion to national output.