As per the information available from World Bank and International Monetary Fund (IMF), the contribution of India to world’s Gross Domestic Product (GDP), measured as share of GDP of India in world GDP (at current prices in US$ terms) is consistently increasing since 2014 as shown in the table below. As per the available data, this share in 2017 is the highest.

India's share in world GDP at current prices in US$ terms (per cent)

	2014	2015	2016	2017
Share of India in world GDP	2.6	2.8	3.0	3.1

Source: Calculated based on the data from IMF’s World Economic Outlook October 2017 Database and World Development Indicators.

This was stated by Shri Pon. Radhakrishnan, Minister of State for Finance in written reply to a question in Rajya Sabha.

India's share of world GDP rises to highest recent level, reflecting growth per international macroeconomic data sources. India's contribution to global output has increased steadily from 2014 through 2017, with the nation's share of world Gross Domestic Product at current prices in US dollar terms rising year on year and reaching its highest level in the most recent reporting period; these figures were calculated from international macroeconomic databases and reported in a parliamentary written reply by the Minister of State for Finance.