Goods, Debit/Expenditure in India

India: Goods, Debit/Expenditure was 726.89 billion in 2024. β–² Rising

Latest (2024)
726.89 billion
Change on year
up 6.7%
World rank
6th
of 198 countries
All-time high
726.89 billion
in 2024
All-time low
134.69 billion
in 2005
Years of data
20
2005–2024

Goods, Debit/Expenditure in India, 2005–2024

200.0B400.0B600.0B800.0B2005201420242005: 134.7B2006: 166.6B2007: 208.6B2008: 323.9B2009: 275.2B2010: 360.1B2011: 475.3B2012: 500.0B2013: 481.7B2014: 472.4B2015: 409.2B2016: 376.1B2017: 452.2B2018: 518.8B2019: 488.9B2020: 377.0B2021: 579.1B2022: 725.5B2023: 681.1B2024: 726.9B

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 3 Germany 1.21 trillion compare
  2. 4 United Kingdom 756.08 billion compare
  3. 5 France 733.29 billion compare
  4. 7 Japan 718.74 billion compare
  5. 8 Mexico 636.92 billion compare
  6. 9 Hong Kong Special Administrative Region, People's Republic of China 633.12 billion compare

See the full ranking of 207 places β†’

More trade data for India

All data for India β†’

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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Goods, Debit/Expenditure in India. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/india/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.