India GDP Annual Growth Rate  1951-2016 | Data | Chart | Calendar

The Indian economy expanded 7.3 percent year-on-year in the last three months of 2015, slowing from an upwardly revised 7.7 percent growth in the previous quarter but in line with market expectations. The manufacturing sector surged 12.6 percent while farm output shrank 1 percent. GDP Annual Growth Rate in India averaged 6.04 percent from 1951 until 2015, reaching an all time high of 11.40 percent in the first quarter of 2010 and a record low of -5.20 percent in the fourth quarter of 1979. GDP Annual Growth Rate in India is reported by the Ministry of Statistics and Programme Implementation (MOSPI).

India GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.40 11.40 -5.20 1951 - 2015 percent Quarterly
NSA, 2011-12 Prices
By industry, 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. This page provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-08-31 01:00 PM Q2 7.0% 7.5% 7.4% 7.4%
2015-11-30 12:00 PM Q3 7.4% 7.1% 7.3% 7.1%
2016-02-08 12:00 PM Q4 7.3% 7.7% 7.3% 7.3%
2016-05-31 12:00 PM Q1 7.3% 7.2%
2016-08-31 12:00 PM Q2 7.2%
2016-11-30 12:00 PM Q3 7.1%

India GDP Advances 7.3% in Q4


The Indian economy expanded 7.3 percent year-on-year in the last three months of 2015, slowing from an upwardly revised 7.7 percent growth in the previous quarter but in line with market expectations. The manufacturing sector surged 12.6 percent while farm output shrank 1 percent.

The manufacturing sector grew by 12.6 percent, more than a 9 percent rise in the previous period. Production in construction (+4 percent from 1.2 percent) and mining and quarrying (+6.5 percent from 5 percent) accelerated while the output for utilities grew 6 percent (7.5 percent in the third quarter). Activities in trade, hotels, transport, communication and services related to broadcasting went up 10.1 percent (8.1 percent in the previous period); financial, real estate and professional services increased 9.9 percent (11.6 percent in Q3); and public administration, defence and other services expanded 7.5 percent (7.1 in Q3). Farm output shrank 1 percent, after growing 2 percent in the previous period. 

On the expenditure side, private consumption went up 6.4 percent (5.6 percent in the previous period) and government spending grew 4.6 percent (4.3 percent in the previous period) while gross fixed capital formation growth slowed to 2.8 percent (7.6 percent in the previous period). Exports fell 9.4 percent (-4.3 percent in the previous period) and imports shrank 10.8 percent (-3.4 percent in the previous period). 

Figures for the third and second quarter of 2015 were revised upwards to 7.7 percent and 7.6 percent respectively (from 7.4 percent and 7 percent respectively earlier estimated). 

For the 2015/2016 fiscal year ending March of 2016, the government estimates growth at 7.6 percent, higher than 7.2 percent in the previous year.

Joana Taborda | joana.taborda@tradingeconomics.com
2/8/2016 2:03:23 PM

India GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 1.80 5.30 -1.70 percent [+]
GDP Annual Growth Rate 7.30 7.40 11.40 -5.20 percent [+]
GDP 2066.90 1861.80 2066.90 63.50 USD Billion [+]
GDP Constant Prices 28523.39 27661.70 28742.37 7500.43 INR Billion [+]
Gross National Product 56738.60 54166.60 56738.60 2786.77 INR Billion [+]
Gross Fixed Capital Formation 8672.29 8916.06 8916.06 2021.90 INR Billion [+]
GDP per capita 1262.64 1189.78 1262.64 228.34 USD [+]
GDP per capita PPP 5565.05 5243.95 5565.05 1760.02 USD [+]
GDP From Agriculture 5131.90 2986.92 5217.45 2715.05 IND Billion [+]
GDP From Construction 2213.23 2004.73 2377.80 1736.49 IND Billion [+]
GDP From Manufacturing 4337.69 4768.43 5407.38 3455.83 IND Billion [+]
GDP From Mining 763.35 641.27 812.71 583.12 IND Billion [+]
GDP From Public Administration 3486.38 3393.29 3914.00 2323.53 IND Billion [+]
GDP From Utilities 576.08 616.59 738.95 482.40 IND Billion [+]




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South Sudan 15.90 Dec/14
Ethiopia 10.20 Dec/14
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Congo 9.50 Dec/14
Ireland 9.20 Dec/15
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India 7.30 Dec/15
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Bangladesh 7.05 Dec/16
Cameroon 7.00 Sep/15
Laos 7.00 Dec/15
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Cambodia 6.90 Dec/15
China 6.70 Mar/16
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
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Philippines 5.80 Dec/15
Benin 5.70 Dec/15
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Bhutan 5.50 Dec/14
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Vietnam 5.46 Mar/16
Panama 5.30 Dec/15
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Gabon 5.10 Dec/14
Indonesia 5.04 Dec/15
Bolivia 5.01 Jun/15
Guinea Bissau 5.00 Dec/15
Zambia 5.00 Dec/15
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Dec/15
Niger 4.90 Dec/15
Maldives 4.80 Dec/15
Sao Tome and Principe 4.80 Dec/14
Burundi 4.70 Dec/14
Mali 4.70 Dec/15
Morocco 4.70 Dec/15
Peru 4.70 Dec/15
Oman 4.60 Dec/14
United Arab Emirates 4.60 Dec/14
Egypt 4.50 Jun/15
Malaysia 4.50 Dec/15
Sweden 4.50 Dec/15
Lesotho 4.40 Dec/14
Poland 4.30 Dec/15
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Slovakia 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Guinea 4.20 Dec/14
Cuba 4.00 Dec/15
Czech Republic 4.00 Dec/15
Fiji 4.00 Dec/15
Kosovo 4.00 Sep/15
Qatar 4.00 Dec/15
Zimbabwe 4.00 Dec/14
Algeria 3.90 Dec/15
Guatemala 3.90 Sep/15
Macedonia 3.90 Dec/15
Romania 3.70 Dec/15
Honduras 3.60 Dec/15
Mauritius 3.60 Dec/15
Saudi Arabia 3.60 Sep/15
Namibia 3.50 Sep/15
Nepal 3.40 Dec/15
Spain 3.40 Mar/16
Suriname 3.40 Dec/14
Colombia 3.30 Dec/15
Costa Rica 3.30 Dec/15
Slovenia 3.30 Dec/15
Cape Verde 3.20 Dec/15
Hungary 3.20 Dec/15
Iceland 3.20 Dec/15
Madagascar 3.20 Dec/14
Australia 3.00 Dec/15
Bulgaria 3.00 Dec/15
Comoros 3.00 Dec/15
Guyana 3.00 Dec/15
Luxembourg 3.00 Dec/15
Malawi 3.00 Dec/15
Georgia 2.90 Dec/15
Mexico 2.90 Mar/16
Bahrain 2.80 Dec/15
Thailand 2.80 Dec/15
Cyprus 2.70 Dec/15
South Korea 2.70 Mar/16
Sudan 2.70 Dec/14
El Salvador 2.60 Dec/15
Jordan 2.60 Sep/15
Somalia 2.60 Dec/14
Sri Lanka 2.50 Dec/15
Swaziland 2.50 Dec/14
Mongolia 2.30 Dec/15
New Zealand 2.30 Dec/15
Israel 2.20 Dec/15
Lithuania 2.20 Mar/16
Albania 2.15 Dec/15
Nigeria 2.11 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Germany 2.10 Dec/15
United Kingdom 2.10 Mar/16
United States 2.00 Mar/16
Armenia 1.90 Dec/16
Cayman Islands 1.90 Sep/15
Croatia 1.90 Dec/15
Eritrea 1.90 Dec/14
Hong Kong 1.90 Dec/15
Latvia 1.80 Mar/16
Singapore 1.80 Mar/16
European Union 1.70 Mar/16
Haiti 1.70 Dec/15
Euro Area 1.60 Mar/16
Netherlands 1.60 Dec/15
Belgium 1.50 Mar/16
Jamaica 1.50 Sep/15
Montenegro 1.40 Dec/15
Austria 1.30 Mar/16
Chile 1.30 Dec/15
France 1.30 Mar/16
Portugal 1.30 Dec/15
Bahamas 1.20 Dec/15
Serbia 1.20 Dec/15
Paraguay 1.10 Dec/15
Italy 1.00 Dec/15
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Argentina 0.90 Dec/15
Estonia 0.70 Dec/15
Japan 0.70 Dec/15
Belize 0.60 Dec/15
Finland 0.60 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Dec/15
Canada 0.50 Dec/15
Denmark 0.50 Dec/15
Switzerland 0.40 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Tunisia 0.30 Dec/15
Barbados 0.20 Dec/14
Norway 0.10 Dec/15
Uruguay -0.10 Dec/15
Kazakhstan -0.20 Mar/16
Brunei -0.50 Dec/15
Greece -0.70 Dec/15
Liechtenstein -0.80 Dec/14
Taiwan -0.84 Mar/16
Ecuador -0.90 Dec/15
Puerto Rico -0.90 Dec/14
Gambia -1.40 Dec/14
Ukraine -1.40 Dec/15
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Trinidad and Tobago -2.00 Sep/15
Equatorial Guinea -2.10 Dec/14
Syria -2.30 Dec/11
Iraq -2.40 Dec/14
Moldova -3.30 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Russia -3.80 Dec/15
Kyrgyzstan -4.90 Mar/16
Brazil -5.90 Dec/15
Venezuela -7.10 Sep/15
Macau -14.40 Dec/15
Libya -21.80 Dec/14
Yemen -28.10 Dec/15