Archive · 28 Nov 2025
IMF Grades India’s GDP Data ‘C’
The International Monetary Fund (IMF) gave India’s GDP and other economic data a ‘C’ grade, which is the second-lowest rating.
This grade means the data has some problems that make it less useful for understanding the economy.
The main issues are that India uses an old base year (2011-12) for calculations and relies on less accurate price data.
The IMF also noted that there are differences in how the data is collected and that some important details are missing.
However, India is working on updating its methods, and new data is expected in 2026.
The ‘C’ grade is the same as last year, but the IMF acknowledged that improvements are being made.
IMF graded India’s national accounts statistics as ‘C’ due to methodological weaknesses.
Outdated base year (2011-12) and reliance on Wholesale Price Index (WPI) for calculations.
Discrepancies between production and expenditure approaches in data collection.
Lack of seasonally-adjusted data and detailed breakdowns for analysis.
India plans to upgrade its statistical methods, with new data expected in 2026.
- Who
- International Monetary Fund (IMF)
- What
- Graded India’s national accounts statistics as ‘C’
- When
- Annual review, specific month not mentioned
- Where
- Global assessment, focused on India
- Why
- Due to methodological weaknesses and outdated base year
- Grade
- C
- Base Year
- 2011-12
- Data Source
- Wholesale Price Index (WPI)
- Deflator Issue
- Lack of Producer Price Indices (PPI)
- Discrepancies
- Between production and expenditure approaches
- Seasonal Data
- Lack of seasonally-adjusted data
- Upgrade Plans
- Expected in early or mid-2026