India contributed approximately 6.7% to the world’s incremental GDP growth in FY25, and the State Bank of India (SBI) alone accounted for 1.1% of that global increase, according to a new report by SBI Research.
The report highlights India’s growing influence on the global economy, having added USD 297 billion to the USD 4,118 billion rise in global GDP in FY25. Out of this, SBI alone contributed USD 44 billion through the expansion of its asset base.
“SBI adds approx 1.1% to global GDP and 16% to India’s GDP,” the report stated.
This means SBI’s standalone contribution to global economic growth was equivalent to that of many smaller national economies, reinforcing its status as a major driver of India’s economic momentum.
The report further noted:
- SBI contributed 8.7% to the Gross Value Added (GVA) of India’s financial services sector.
- The bank’s GVA rose to Rs 1.38 lakh crore in FY25, up from Rs 1.32 lakh crore in FY24—marking a 5% year-on-year increase.
The findings reflect both India’s rising global economic stature and SBI’s pivotal role in national economic growth, as the country strengthens its position among the world’s top contributors to global GDP expansion.