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

India

294.40 trillion constant LCU

in 2025

Japan

587.58 trillion constant LCU

in 2024

India rank

7th

Japan rank

6th

Gross value added at basic prices (GVA) over time

India
Japan

How they compare

Japan currently reports 587.58 trillion constant LCU against 294.40 trillion constant LCU in India, a difference of 293.18 trillion constant LCU.

That makes Japan's figure about 2.0 times India's.

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

Globally, India ranks 7th and Japan ranks 6th of 197 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 197 places, 8,338 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 varies by country. This series is expressed in local currency units.