India vs Japan: Gross value added at basic prices (GVA)

India

3.37 trillion constant 2015 US$

in 2025

Japan

4.72 trillion constant 2015 US$

in 2024

India rank

2nd

Japan rank

1st

Gross value added at basic prices (GVA) over time

India
Japan

How they compare

Japan currently reports 4.72 trillion constant 2015 US$ against 3.37 trillion constant 2015 US$ in India, a difference of 1.35 trillion constant 2015 US$.

That makes Japan's figure about 1.4 times India's.

Across all 55 years both countries report, Japan has been ahead every year.

Globally, India ranks 2nd and Japan ranks 1st of 193 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (constant 2015 US$)
Unit: constant 2015 US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 227 places, 9,771 data points, 1960–2025
Last refreshed: 06 August 2026

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.