Goods, Debit/Expenditure in India
India: Goods, Debit/Expenditure was 726.89 billion in 2024. ▲ Rising
Goods, Debit/Expenditure in India, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods, debit/expenditure in India stood at 726.89 billion. That is the highest value across all 20 years on record.
The figure is up 6.7% on the previous year and up 53.9% over ten years.
Over the whole period, goods, debit/expenditure in India peaked at 726.89 billion in 2024 and was at its lowest, 134.69 billion, in 2005.
India ranks 6th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Goods, Debit/Expenditure in India, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 134.69 billion | — |
| 2006 | 166.57 billion | +23.7% |
| 2007 | 208.61 billion | +25.2% |
| 2008 | 323.92 billion | +55.3% |
| 2009 | 275.23 billion | -15.0% |
| 2010 | 360.15 billion | +30.9% |
| 2011 | 475.30 billion | +32.0% |
| 2012 | 499.99 billion | +5.2% |
| 2013 | 481.69 billion | -3.7% |
| 2014 | 472.43 billion | -1.9% |
| 2015 | 409.24 billion | -13.4% |
| 2016 | 376.09 billion | -8.1% |
| 2017 | 452.24 billion | +20.2% |
| 2018 | 518.78 billion | +14.7% |
| 2019 | 488.95 billion | -5.7% |
| 2020 | 377.00 billion | -22.9% |
| 2021 | 579.14 billion | +53.6% |
| 2022 | 725.46 billion | +25.3% |
| 2023 | 681.12 billion | -6.1% |
| 2024 | 726.89 billion | +6.7% |
India compared with similar countries
- India's 726.89 billion is above the median for lower middle income countries, which is 9.16 billion, 79.3× the median. (46 countries reporting)
- India's 726.89 billion is above the median for South Asia, which is 15.49 billion, 46.9× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 221.80 billion | 134.69 billion | 323.92 billion | 5 |
| 2010s | 453.49 billion | 360.15 billion | 518.78 billion | 10 |
| 2020s | 617.92 billion | 377.00 billion | 726.89 billion | 5 |
Countries ranked near India
More trade data for India
- Commodity Net Export Price Index, Individual Commodities Weighted by 118.71 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.2 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.39 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 79.11 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.21 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 70.44 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5122 (2024)
- Imports of low carbon technology products, US dollar (World), per 13.8 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0053 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 11.10 billion (2024)
Frequently asked questions
- What is goods, debit/expenditure in India?
- Goods, debit/expenditure in India was 726.89 billion in 2024, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in India?
- The highest recorded value was 726.89 billion in 2024.
- What is the lowest goods, debit/expenditure recorded in India?
- The lowest recorded value was 134.69 billion in 2005.
- How does India rank for goods, debit/expenditure?
- India ranks 6th out of 198 countries with data for 2024.
- Is goods, debit/expenditure rising or falling in India?
- Over the last ten years it is up 53.9%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.