![Manya Rathore](https://cdn.statcdn.com/static/../CMS/contactperson/ERI3306_1715692353.png)
Percent changes in GDP at constant prices in India in 2019 and 2020
In 2020, India witnessed a significant economic contraction as the country's GDP (gross domestic product) dropped by 7.3 percent. This could be attributed to the impact of the COVID-19 pandemic. Likewise, the global GDP at constant prices in 2020 also declined, albeit less devastating as that of India, by 3.3 percent.