Asia-Pacific · World Bank + FRED data · updated Sep 28, 2026

India economy forecast

For 2026 the model expects inflation of 3.8%, GDP growth of 6.7% and unemployment of 4.2% in India.

Inflation

CPI, annual %

3.8%

2026 forecast

Latest · 2025: 2.4%▲ +1.4 pp

GDP growth

Annual %

6.7%

2026 forecast

Latest · 2025: 7.6%▼ −0.9 pp

Unemployment

% of labor force, ILO modeled

4.2%

2026 forecast

Latest · 2025: 4.2%■ 0.0 pp

GDP per capita

Current US$

$2,756

2026 forecast

Latest · 2025: $2,702▲ +2.0%

Population

Population, total

1.48B

2026 forecast

Latest · 2025: 1.46B▲ +0.9%

USD/INR

INR per 1 USD

94.783

in 12 months

Last close · Sep 25, 2026: 95.810▼ −1.1%

India at a glance, 2026–2028

IndicatorLatest202620272028
Inflation2.4% 20253.8%4.4%4.7%
GDP growth7.6% 20256.7%6.6%6.5%
Unemployment4.2% 20254.2%4.3%4.4%
GDP per capita$2,702 2025$2,756$2,809$2,828
Population1.46B 20251.48B1.48B1.50B

Medians; each indicator's page shows its 80% range and backtest.

Other countries in Asia-Pacific

All countries

Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.