The Gross Domestic Product (GDP) in India expanded 1.90 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in India averaged 1.68 percent from 1996 until 2018, reaching an all time high of 5.40 percent in the second quarter of 2009 and a record low of -1.70 percent in the first quarter of 2009.

GDP Growth Rate in India is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in India to stand at 1.40 in 12 months time. In the long-term, the India GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

India GDP Growth Rate
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Forecast Data Chart
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India GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.90 2.00 5.40 -1.70 percent [+]
GDP Annual Growth Rate 7.10 8.20 11.40 -5.20 percent [+]
GDP 2597.49 2274.20 2597.49 36.54 USD Billion [+]
GDP Constant Prices 33976.20 33739.83 34768.27 7500.43 INR Billion [+]
Gross National Product 12865461.00 12051525.00 12865461.00 8659505.00 INR Tens Of Million [+]
Gross Fixed Capital Formation 10986.75 10652.17 11185.28 2021.90 INR Billion [+]
GDP per capita 1963.55 1862.40 1963.55 304.20 USD [+]
GDP per capita PPP 6426.67 6095.70 6426.67 1737.60 USD [+]
GDP From Agriculture 3461.02 4197.47 5666.82 2690.74 INR Billion [+]
GDP From Construction 2378.36 2491.03 2491.03 1861.37 INR Billion [+]
GDP From Manufacturing 5841.64 5690.94 5942.29 3331.04 INR Billion [+]
GDP From Mining 748.41 1009.54 1151.85 556.18 INR Billion [+]
GDP From Public Administration 4227.70 3922.11 4227.70 2328.98 INR Billion [+]
GDP From Utilities 728.58 713.83 728.58 463.02 INR Billion [+]


India GDP Growth Rate

In India, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Indian economy during the quarter. India is the world’s tenth largest economy and the second most populous. 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 Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.00 5.40 -1.70 1996 - 2018 percent Quarterly




Country Last Previous
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
Singapore 3.00 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
France 0.40 Sep/18
Australia 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Turkey -1.10 Sep/18
Argentina -4.00 Jun/18


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