In the financial year 2022, the nominal private final consumption expenditure (PFCE) accounted for **** percent of India's GDP. The figure is projected to rise to **** percent in the fiscal year 2023. Over the years, the ratio of PFCE to GDP in India has increased, indicating a growth in private consumption expenditure in the country.
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Ernst & Young India. (January 19, 2023). Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. "Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023." Chart. January 19, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. (2023). Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India. "Share of Nominal Private Final Consumption Expenditure (Pfce) in Gdp across India from Financial Year 2011 to 2022, with An Estimate for 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 19 Jan 2023, /statistics/1379236/india-share-of-nominal-pfce-in-gdp/
Ernst & Young India, Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 ÌÇÐÄÆƽâ°æ, /statistics/1379236/india-share-of-nominal-pfce-in-gdp/ (last visited July 25, 2026)
Share of nominal private final consumption expenditure (PFCE) in GDP across India from financial year 2011 to 2022, with an estimate for 2023 [Graph], Ernst & Young India, January 19, 2023. [Online]. Available: /statistics/1379236/india-share-of-nominal-pfce-in-gdp/
