India - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in India was 6.62 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 28.60 in 1974 and a minimum value of -7.63 in 1976.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 1.78
1961 1.70
1962 3.63
1963 2.95
1964 13.36
1965 9.47
1966 10.80
1967 13.06
1968 3.24
1969 -0.58
1970 5.09
1971 3.08
1972 6.44
1973 16.94
1974 28.60
1975 5.75
1976 -7.63
1977 8.31
1978 2.52
1979 6.28
1980 11.35
1981 13.11
1982 7.89
1983 11.87
1984 8.32
1985 5.56
1986 8.73
1987 8.80
1988 9.38
1989 7.07
1990 8.97
1991 13.87
1992 11.79
1993 6.33
1994 10.25
1995 10.22
1996 8.98
1997 7.16
1998 13.23
1999 4.67
2000 4.01
2001 3.78
2002 4.30
2003 3.81
2004 3.77
2005 4.25
2006 5.80
2007 6.37
2008 8.35
2009 10.88
2010 11.99
2011 8.86
2012 9.31
2013 11.06
2014 6.65
2015 4.91
2016 4.95
2017 3.33
2018 3.95
2019 3.72
2020 6.62

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in India was 4.61 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 17.83 in 1973 and a minimum value of -1.65 in 1975.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 2.15
1962 4.41
1963 8.35
1964 8.55
1965 8.30
1966 13.27
1967 8.62
1968 2.42
1969 3.34
1970 1.56
1971 5.32
1972 10.84
1973 17.83
1974 16.67
1975 -1.65
1976 5.98
1977 5.64
1978 2.46
1979 15.73
1980 11.51
1981 10.83
1982 8.10
1983 8.55
1984 7.92
1985 7.19
1986 6.79
1987 9.33
1988 8.23
1989 8.44
1990 10.67
1991 13.75
1992 8.97
1993 9.86
1994 9.98
1995 9.06
1996 7.58
1997 6.48
1998 8.01
1999 3.07
2000 3.64
2001 3.22
2002 3.72
2003 3.87
2004 5.73
2005 5.62
2006 8.40
2007 6.94
2008 9.19
2009 7.04
2010 10.53
2011 8.73
2012 7.93
2013 6.19
2014 3.33
2015 2.28
2016 3.24
2017 3.97
2018 3.74
2019 3.57
2020 4.61

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in India was 4.61 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 13.75 in 1991 and 2.28 in 2015.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 10.67
1991 13.75
1992 8.97
1993 9.86
1994 9.98
1995 9.06
1996 7.58
1997 6.48
1998 8.01
1999 3.07
2000 3.64
2001 3.22
2002 3.72
2003 3.87
2004 5.73
2005 5.62
2006 8.40
2007 6.94
2008 9.19
2009 7.04
2010 10.53
2011 8.73
2012 7.93
2013 6.19
2014 3.33
2015 2.28
2016 3.24
2017 3.97
2018 3.74
2019 3.57
2020 4.61

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices