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

India

3.59 trillion current US$

in 2025

Japan

4.16 trillion current US$

in 2024

India rank

5th

Japan rank

3rd

Gross value added at basic prices (GVA) over time

India
Japan

How they compare

Japan currently reports 4.16 trillion current US$ against 3.59 trillion current US$ in India, a difference of 563.86 billion current US$.

That makes Japan's figure about 1.2 times India's.

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

Globally, India ranks 5th and Japan ranks 3rd of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 244 places, 10,967 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.