India's Economic Growth Dashboard

Key Economic Indicators (Weighted Averages)

GDP Growth

Good

5.29%

Weighted average accounting for budget size. Pre-pandemic: 6.8%, Recovery: 7.5%

Inflation

Good

5.69%

Mostly within RBI tolerance (4-6%). Recent improvement to 4.8%

Fiscal Deficit

Good

4.89% of GDP

Consolidated from 9.2% (2020-21) to 3.5% (2023-24)

FDI Inflows

Good

57.2$B

Peak at $84.8B (2021-22), moderating to $58B amid global headwinds

Key Strengths

Strong Recovery

V-shaped recovery from COVID-19 with 7.5% weighted average growth (2021-25)

Fiscal Discipline

Consolidated fiscal deficit from 9.2% to 3.5% in 3 years - credible fiscal management

Inflation Control

Weighted average 5.68% mostly within RBI's 4-6% tolerance band

FDI Attraction

Consistent FDI inflows averaging $57B annually - top 5 destination globally

Persistent Challenges

Employment Crisis

GDP +5.5% but formal jobs only +3.6% - jobless growth paradox

Manufacturing Weakness

Manufacturing share stuck at 12% vs 20% in developed economies

Agricultural Vulnerability

Food inflation volatility (4.5-6.8%) affects rural purchasing power

Regional Disparities

Significant interstate variations in growth rates and fiscal health

Economic Indicators Overview

All key metrics across the 10-year period

GDP Growth (%)
Inflation (%)

Three Economic Phases

Pre-Pandemic (2015-20)

Steady Growth Phase

GDP (Weighted)6.10%

Inflation5.67%

Fiscal Deficit3.79%

FDI$44.2B

Pandemic (2020-21)

Shock & Response

GDP-6.60%

Inflation6.10%

Fiscal Deficit9.20%

FDI$64.0B

Recovery (2021-25)

V-Shaped Rebound

GDP (Weighted)7.60%

Inflation5.60%

Fiscal Deficit5.04%

FDI$71.1B