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India GDP Annual Growth Rate

Last Release
Dec 2019
Actual
4.7 %
Forecast
2.1 %
Previous
5.1 %
Frequency
Quarterly
Units In
%
Next Release
May 29, 2020
Time to Release
4 Days 13 Hours
Highest
Lowest
Average
Date Range
Source
11.4 %
Mar 2010
-5.2 %
Dec 1979
6.16 %1951 - 2019Ministry of Statistics and Programme Implementation (MOSPI)
The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.

Latest Updates

The Indian economy expanded 4.7% yoy in Q4 2019, matching market expectations. It follows an upwardly revised 5.1% expansion in Q3 (4.5% earlier reported). It is the weakest growth rate since Q1 2013 considering the upward revision for the previous quarter. The government expects GDP growth to fall to 5 percent in the 2019-20 fiscal year, the least since fiscal 2008-09 but to pick up to 6-6.5 percent in the fiscal year starting on April 1st 2020.

India GDP Annual Growth Rate History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Feb 28, 202014:44India GDP Growth Remains the Weakest Since 2013
Nov 29, 201913:01India GDP Growth Slows More than Expected
Aug 30, 201913:46Indian GDP Growth Weakest in Over 6 Years
May 31, 201913:19India Q1 GDP Growth Slows to 5-Year Low
DATETIMEEVENTActual
Aug 30, 201912:00GDP Growth Rate YoY5 %
May 31, 201912:00GDP Growth Rate YoY5.8 %
Feb 28, 201810:00Fiscal Year GDP Growth Final7.1 %
Jan 31, 201810:00Fiscal Year GDP Growth7.1 %

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India gdp Indicators

All India indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
2,800
Dec 2019
2,718.73
Dec 2018
37.03
Dec 1960
2,800
Dec 2019
USD BillionYearly1960 - 2019
GDP Annual Growth Rate
4.7
Dec 2019
5.1
Sep 2019
-5.2
Dec 1979
11.4
Mar 2010
%Quarterly1951 - 2019
GDP Constant Prices
36,650.03
Dec 2019
36,071.57
Sep 2019
7,500.43
Jun 2004
37,198.3
Mar 2019
INR BillionQuarterly2004 - 2019
GDP From Agriculture
6,091.05
Dec 2019
3,664.29
Sep 2019
2,690.74
Sep 2011
6,091.05
Dec 2019
INR BillionQuarterly2011 - 2019
GDP From Construction
2,601.7
Dec 2019
2,448.63
Sep 2019
1,861.37
Sep 2012
2,636.53
Jun 2019
INR BillionQuarterly2011 - 2019
GDP From Manufacturing
5,593.35
Dec 2019
5,771.84
Sep 2019
3,331.04
Sep 2011
6,167.49
Mar 2019
INR BillionQuarterly2011 - 2019

GDP Annual Growth Rate across Asia

GDP Annual Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
2.9
Dec 2019
-0.2
Dec 2018
-1.8
Dec 2015
17.2
Dec 2009
%Yearly2007 - 2019
Azerbaijan
2.5
Sep 2019
2.4
Jun 2019
-3.9
Sep 2016
40.4
Mar 2006
%Quarterly2001 - 2019
Bhutan
3
Dec 2018
4.7
Dec 2017
3
Dec 2018
17.9
Dec 2008
%Yearly1996 - 2018
Brunei
7.1
Dec 2019
2.1
Sep 2019
-8.1
Dec 2013
7.1
Dec 2019
%Quarterly2004 - 2019
Cambodia
7.5
Dec 2018
7
Dec 2017
0.1
Dec 2009
13.3
Dec 2005
%Yearly1994 - 2018
China
-6.8
Mar 2020
6
Dec 2019
-6.8
Mar 2020
15.3
Mar 1993
%Quarterly1989 - 2020

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