World Bank WITS · updated 2026-10-03 · 166 economies tracked
226 (2023)
##6 of 166 economies
1.2%
1.37×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1988 - 2023. India climbed from #6 to #6 (overtook Austria). Gaps in a lane = missing data that year.
Key events for India ↓Auto-detected from rank data + curated milestones
Balance-of-payments crisis triggers sweeping market reforms.
Growth slows sharply as capital flows reverse.
High-denomination notes withdrawn, causing cash shortages.
GDP records its largest contraction on record.
Number of Import Partners, Transport and Logistics Performance, Logistics Efficiency and Trade Facilitation Index, Infrastructure Quality and Investment
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