How have things changed?, annual growth rate in India

India: How have things changed?, annual growth rate was 5.44 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.44 % change on previous year
Change on year
down 50.3%
World rank
54th
of 212 countries
All-time high
19.62 % change on previous year
in 1973
All-time low
-11.54 % change on previous year
in 1972
Years of data
59
1966–2024

How have things changed?, annual growth rate in India, 1966–2024

-1001020196619952024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, how have things changed?, annual growth rate in India stood at 5.44 % change on previous year.

That represents a change of down 50.3% on the previous year and down 31.3% over ten years.

Over the whole period, how have things changed?, annual growth rate in India peaked at 19.62 % change on previous year in 1973 and was at its lowest, -11.54 % change on previous year, in 1972.

That places India 54th out of 212 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

How have things changed?, annual growth rate in India, year by year

Annual values for How have things changed?, annual growth rate in India, 1966 to 2024.
Year % change on previous year Change
1966 2.7 % change on previous year —
1967 2.43 % change on previous year -9.9%
1968 8.94 % change on previous year +268.2%
1969 5.2 % change on previous year -41.8%
1970 9.56 % change on previous year +83.8%
1971 5.37 % change on previous year -43.8%
1972 -11.54 % change on previous year -314.8%
1973 19.62 % change on previous year -270.0%
1974 15.11 % change on previous year -23.0%
1975 0.4519 % change on previous year -97.0%
1976 -3.97 % change on previous year -979.3%
1977 6.32 % change on previous year -259.1%
1978 -0.2156 % change on previous year -103.4%
1979 1.45 % change on previous year -774.4%
1980 4.35 % change on previous year +199.5%
1981 0.1227 % change on previous year -97.2%
1982 -3.23 % change on previous year -2730.8%
1983 5.88 % change on previous year -282.1%
1984 14.59 % change on previous year +148.1%
1985 -1.22 % change on previous year -108.4%
1986 5.92 % change on previous year -584.1%
1987 -0.4372 % change on previous year -107.4%
1988 6.9 % change on previous year -1677.8%
1989 16.16 % change on previous year +134.2%
1990 4.34 % change on previous year -73.1%
1991 6.52 % change on previous year +50.0%
1992 4.65 % change on previous year -28.7%
1993 5.6 % change on previous year +20.6%
1994 6.57 % change on previous year +17.3%
1995 3.07 % change on previous year -53.3%
1996 5.68 % change on previous year +85.2%
1997 3.46 % change on previous year -39.1%
1998 -1.88 % change on previous year -154.4%
1999 5.67 % change on previous year -400.9%
2000 -0.3165 % change on previous year -105.6%
2001 4.74 % change on previous year -1597.9%
2002 0.599 % change on previous year -87.4%
2003 1.7 % change on previous year +183.8%
2004 2.57 % change on previous year +51.1%
2005 7.5 % change on previous year +192.2%
2006 5.4 % change on previous year -28.1%
2007 -0.7803 % change on previous year -114.5%
2008 13.98 % change on previous year -1891.9%
2009 -1.14 % change on previous year -108.1%
2010 7.76 % change on previous year -781.4%
2011 -5.75 % change on previous year -174.1%
2012 13.69 % change on previous year -338.1%
2013 0.4863 % change on previous year -96.4%
2014 7.92 % change on previous year +1528.1%
2015 3.26 % change on previous year -58.8%
2016 6.79 % change on previous year +108.0%
2017 7.94 % change on previous year +16.9%
2018 6.97 % change on previous year -12.1%
2019 6.56 % change on previous year -5.9%
2020 -0.8248 % change on previous year -112.6%
2021 8.52 % change on previous year -1133.6%
2022 9.29 % change on previous year +9.0%
2023 10.93 % change on previous year +17.7%
2024 5.44 % change on previous year -50.3%

India compared with similar countries

  • India's 5.44 % change on previous year is above the median for lower middle income countries, which is 3.58 % change on previous year, 1.5× the median. (47 countries reporting)
  • India's 5.44 % change on previous year is above the median for South Asia, which is 4.34 % change on previous year, 1.3× the median. (6 countries reporting)

Biggest year-on-year movements

Years where How have things changed?, annual growth rate in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1982 -2730.8% 0.1227 % change on previous year -3.23 % change on previous year
2008 +1891.9% -0.7803 % change on previous year 13.98 % change on previous year
1988 +1677.8% -0.4372 % change on previous year 6.9 % change on previous year
2001 +1597.9% -0.3165 % change on previous year 4.74 % change on previous year
2014 +1528.1% 0.4863 % change on previous year 7.92 % change on previous year
2021 +1133.6% -0.8248 % change on previous year 8.52 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.82 % change on previous year 2.43 % change on previous year 8.94 % change on previous year 4
1970s 4.22 % change on previous year -11.54 % change on previous year 19.62 % change on previous year 10
1980s 4.9 % change on previous year -3.23 % change on previous year 16.16 % change on previous year 10
1990s 4.37 % change on previous year -1.88 % change on previous year 6.57 % change on previous year 10
2000s 3.43 % change on previous year -1.14 % change on previous year 13.98 % change on previous year 10
2010s 5.56 % change on previous year -5.75 % change on previous year 13.69 % change on previous year 10
2020s 6.67 % change on previous year -0.8248 % change on previous year 10.93 % change on previous year 5

Countries ranked near India

  1. 51 Belize 5.69 % change on previous year compare
  2. 52 Iran 5.67 % change on previous year compare
  3. 53 New Caledonia 5.65 % change on previous year compare
  4. 55 Bermuda 5.3 % change on previous year compare
  5. 56 Nigeria 5.2 % change on previous year compare
  6. 57 Burkina Faso 5.08 % change on previous year compare

See the full ranking of 212 places →

More reference data data for India

All data for India →

Frequently asked questions

What is how have things changed?, annual growth rate in India?
How have things changed?, annual growth rate in India was 5.44 % change on previous year in 2024, according to Statizoid (derived).
What is the highest how have things changed?, annual growth rate recorded in India?
The highest recorded value was 19.62 % change on previous year in 1973.
What is the lowest how have things changed?, annual growth rate recorded in India?
The lowest recorded value was -11.54 % change on previous year in 1972.
How does India rank for how have things changed?, annual growth rate?
India ranks 54th out of 212 countries with data for 2024.
Is how have things changed?, annual growth rate rising or falling in India?
Over the last ten years it is down 31.3%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of How have things changed?, annual growth rate. Statizoid updates them automatically from the source API.

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How have things changed?, annual growth rate in India. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://reference.statizoid.com/stat/how-have-things-changed-annual-growth-rate/india/

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How this figure is calculated

The year-on-year percentage change in How have things changed?. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
How have things changed?, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 11,406 data points, 1966–2024
Last refreshed

The year-on-year percentage change in How have things changed?. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.