India Services Value Added (% of GDP) (2024)
India's Services Value Added (% of GDP): 49.9 % of GDP in 2024, +0.4pp YoY. World Bank (NV.SRV.TOTL.ZS), 1990–2024.
India (2024)
49.9
% of GDP
+0.4pp YoY
YoY Change
+0.4pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 49.9 | +0.4pp |
| 2023 | 49.5 | -0.2pp |
| 2022 | 49.7 | +1.9pp |
| 2021 | 47.9 | -0.1pp |
| 2020 | 47.9 | -2.2pp |
| 2019 | 50.1 | +1.7pp |
| 2018 | 48.4 | +0.8pp |
| 2017 | 47.7 | -0.1pp |
| 2016 | 47.8 | -0pp |
| 2015 | 47.8 | -0pp |
| 2014 | 47.8 | +1.1pp |
| 2013 | 46.7 | +0.4pp |
| 2012 | 46.3 | +0.9pp |
| 2011 | 45.4 | +0.4pp |
| 2010 | 45 | -1pp |
| 2009 | 46 | +0.1pp |
| 2008 | 45.9 | +1.9pp |
| 2007 | 44 | -0pp |
| 2006 | 44 | -0.4pp |
| 2005 | 44.4 | n/a |
About this Dataset
India recorded 49.9 % of GDP in 2024. The most recent year-on-year change was +0.4pp. The historical series (1990–2024) shows a peak of 50.1 in 2019 and a trough of 37.0 in 1990.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks india services value added (% of gdp) in India, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 50.1 % of GDP in 2019 and reached its lowest recorded value of 37.0 in 1990. The latest reading of 49.9 in 2024 represents a year-on-year change of +0.4pp.