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India Goods and services expense (current LCU) 2026: Interactive Chart & Historical Data

Goods and services expense (current LCU) in India stood at 2.329 trillion in 2022, according to World Bank. Ten years earlier, in 2012, the value was 1.514 trillion (up 54% since). The latest value is the highest since 1974; the lowest was 12.47 billion in 1974. India ranked 16th highest of the 116 countries in this dataset in 2022; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (current LCU) in India?

Goods and services expense (current LCU) in India stood at 2.329 trillion in 2022, according to World Bank.

Is Goods and services expense (current LCU) in India rising or falling?

Ten years earlier, in 2012, the value was 1.514 trillion (up 54% since).

How does India rank for Goods and services expense (current LCU)?

India ranked 16th highest of the 116 countries in this dataset in 2022; South Korea ranked first.

What is the highest Goods and services expense (current LCU) on record in India?

The latest value is the highest since 1974; the lowest was 12.47 billion in 1974.

Metadata for Goods and services expense (current LCU) in India
IndicatorGoods and services expense (current LCU)
CountryIndia
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 2.329 trillion (2022)

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Source:World Bank — series GC.XPN.GSRV.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (current LCU) — India [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/IND. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=IN

MLA

World Bank. "Goods and services expense (current LCU) — India." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/IND. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=IN.

Chicago

World Bank. 2026. "Goods and services expense (current LCU) — India." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/IND. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=IN.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_cn_ind,
  author = {{World Bank}},
  title = {{Goods and services expense (current LCU) --- India}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/IND},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=IN}
}