Inflation, GDP deflator: linked series in India

India: Inflation, GDP deflator: linked series was 1.0% in 2025. ▼ Falling

Latest (2025)
1.0%
Change on year
down 60.5%
World rank
177th
of 212 countries
All-time high
13.8%
in 1991
All-time low
1.0%
in 2025
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in India, 1990–2025

0510151990200720251990: 10.7 annual %1991: 13.8 annual %1992: 9 annual %1993: 9.9 annual %1994: 10 annual %1995: 9.1 annual %1996: 7.6 annual %1997: 6.5 annual %1998: 8 annual %1999: 3.1 annual %2000: 3.6 annual %2001: 3.2 annual %2002: 3.7 annual %2003: 3.9 annual %2004: 5.7 annual %2005: 5.6 annual %2006: 8.4 annual %2007: 6.9 annual %2008: 9.2 annual %2009: 7 annual %2010: 10.5 annual %2011: 8.7 annual %2012: 7.9 annual %2013: 6.2 annual %2014: 3.3 annual %2015: 2.3 annual %2016: 3.2 annual %2017: 4 annual %2018: 3.9 annual %2019: 2.4 annual %2020: 4.8 annual %2021: 8.4 annual %2022: 5.9 annual %2023: 3.5 annual %2024: 2.5 annual %2025: 0.974 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator: linked series in India is 1.0%, measured in 2025. That is the lowest value across all 36 years on record.

That represents a change of down 60.5% on the previous year and down 57.3% over ten years.

Over the whole period, inflation, gdp deflator: linked series in India peaked at 13.8% in 1991 and was at its lowest, 1.0%, in 2025.

India ranks 177th of 212 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 36 years of available data.

Inflation, GDP deflator: linked series in India, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in India, 1990 to 2025.
Year annual % Change
1990 10.7%
1991 13.8% +28.9%
1992 9.0% -34.8%
1993 9.9% +10.0%
1994 10.0% +1.2%
1995 9.1% -9.2%
1996 7.6% -16.4%
1997 6.5% -14.5%
1998 8.0% +23.7%
1999 3.1% -61.7%
2000 3.6% +18.8%
2001 3.2% -11.8%
2002 3.7% +15.6%
2003 3.9% +4.1%
2004 5.7% +48.0%
2005 5.6% -1.8%
2006 8.4% +49.4%
2007 6.9% -17.3%
2008 9.2% +32.4%
2009 7.0% -23.4%
2010 10.5% +49.5%
2011 8.7% -17.0%
2012 7.9% -9.2%
2013 6.2% -22.0%
2014 3.3% -46.1%
2015 2.3% -31.6%
2016 3.2% +42.0%
2017 4.0% +22.6%
2018 3.9% -2.1%
2019 2.4% -38.1%
2020 4.8% +100.2%
2021 8.4% +73.5%
2022 5.9% -29.4%
2023 3.5% -40.5%
2024 2.5% -29.7%
2025 1.0% -60.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.7% 3.1% 13.8% 10
2000s 5.7% 3.2% 9.2% 10
2010s 5.2% 2.3% 10.5% 10
2020s 4.3% 1.0% 8.4% 6

Countries ranked near India

  1. 174 Belize 1.1% compare
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  3. 176 Ireland 1.0% compare
  4. 178 Palau 1.0% compare
  5. 179 Togo 0.8% compare
  6. 180 Turks and Caicos Islands 0.8% compare

See the full ranking of 213 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is inflation, gdp deflator: linked series in India?
Inflation, gdp deflator: linked series in India was 1.0% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in India?
The highest recorded value was 13.8% in 1991.
What is the lowest inflation, gdp deflator: linked series recorded in India?
The lowest recorded value was 1.0% in 2025.
How does India rank for inflation, gdp deflator: linked series?
India ranks 177th out of 212 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in India?
Over the last ten years it is down 57.3%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in India. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 25 August 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/india/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 7,277 data points, 1990–2025
Last refreshed

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. 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.