Infographic: India's GDP - Apples to apples

Be it any metric, India's GDP has suffered the biggest contraction among world's major economies

Mohsin Sheikh and Mudit Kapoor

Updated Jan 21, 2021 3:36 PM IST

Infographic: India's GDP - Apples to apples

India's GDP has suffered the biggest contraction among world's major economies

It's bad, no matter how you cut it. India's GDP was already going downhill before COVID-19 arrived; the pandemic catalysed the nosedive. As a result, India reported its worst decline in GDP growth since 1996, when it started publishing quarterly national accounts. Only agriculture managed to grow - a measly 3.4 per cent - while every other sector tanked. This BusinessToday.In infographic compares decline in India's GDP with contractions in other major global economies in three different metrics, and analyses its severity.