The Indian real gross domestic product expanded by 7.8% from the previous year in the March quarter of 2026, slowing slightly from the upwardly revised 8% growth from the earlier period, but still well ahead of market expectations of 7.2%. The data reflected India's momentary resilience to higher energy prices and a week rupee following efforts to source oil outside Russia and the outbreak war in the Middle East. Output was higher for manufacturing (7.3%), trade, hotels, transportation, and communication (12.5%), financial and real estate services (10.4%), and construction (8.4%), offsetting slower growth in mining and quarrying (5.4%) and agriculture and feedstock (3.6%). For the whole 2026 financial year, the Indian GDP expanded by 7.7%, the most since the rebound from the Covid pandemic recession in FY2022. source: Ministry of Statistics and Programme Implementation (MOSPI)

The Gross Domestic Product (GDP) in India expanded 7.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in India averaged 6.04 percent from 1951 until 2026, reaching an all time high of 22.60 percent in the second quarter of 2021 and a record low of -23.10 percent in the second quarter of 2020. This page provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in India expanded 7.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in India is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India GDP Annual Growth Rate is projected to trend around 6.40 percent in 2027 and 6.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-27 10:30 AM
GDP Growth Rate YoY
Q4 7.8% 8.4% 7.2% 7.8%
2026-06-05 10:30 AM
GDP Growth Rate YoY
Q1 7.8% 8% 7.2% 7.5%
2026-08-31 10:30 AM
GDP Growth Rate YoY
Q2 7.8% 7.2%


Related Last Previous Unit Reference
Fiscal Year GDP Growth 7.70 7.10 percent Mar 2026
GDP Growth Rate YoY 7.80 8.00 percent Mar 2026
GDP Constant Prices 87771.04 84649.35 INR Billion Mar 2026
GDP from Agriculture 14831.69 15732.33 INR Billion Mar 2026
GDP from Construction 7178.60 6649.82 INR Billion Mar 2026
GDP from Manufacturing 13529.11 12192.92 INR Billion Mar 2026
GDP from Mining 1737.21 1535.87 INR Billion Mar 2026
GDP from Public Administration 9240.67 9234.47 INR Billion Mar 2026
GDP from Utilities 1723.10 1601.74 INR Billion Mar 2026
GDP Growth Rate 1.90 1.80 percent Mar 2026
Gross Fixed Capital Formation 27902.73 26046.35 INR Billion Mar 2026


India GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
7.80 8.00 22.60 -23.10 1951 - 2026 percent Quarterly
NSA, 2011-12 Prices

News Stream
Indian GDP Grows More than Expected in Q4FY26
The Indian real gross domestic product expanded by 7.8% from the previous year in the March quarter of 2026, slowing slightly from the upwardly revised 8% growth from the earlier period, but still well ahead of market expectations of 7.2%. The data reflected India's momentary resilience to higher energy prices and a week rupee following efforts to source oil outside Russia and the outbreak war in the Middle East. Output was higher for manufacturing (7.3%), trade, hotels, transportation, and communication (12.5%), financial and real estate services (10.4%), and construction (8.4%), offsetting slower growth in mining and quarrying (5.4%) and agriculture and feedstock (3.6%). For the whole 2026 financial year, the Indian GDP expanded by 7.7%, the most since the rebound from the Covid pandemic recession in FY2022.
2026-06-05
India GDP Growth Surpasses Expectations
The Indian real gross domestic product expanded by 7.8% from the previous year in the December quarter of 2025, inching down from the upwardly revised, six-quarter high of 8.4% in the earlier period but firmly above market expectations of 7.2%. Despite the slowdown, the growth rate remained the highest among G20 economies, signaling a degree of resilience of the Indian economy to the 50% tariffs from the United States that were passed in August, aided by an increase in government spending and GST tax cuts to support consumer confidence and private investment. Private consumption expanded by 8.7%, accelerating from the 8%. In turn, government expenditure slowed (4.7% vs 6.6% in FY26Q2) and gross fixed capital formation moderated (7.8% vs 8.4%). Net external demand contributed negatively to GDP growth, as exports expanded by 5.6% and imports rose by 8.6%. With the reading, the GDP growth for FY2026 was revised higher to 7.6%, equalling the highest since FY2022.
2026-02-27
India GDP Growth Strongest in Six Quarters
The Indian gross domestic product expanded by 8.2% from the previous year in the September quarter of 2025, well above the market consensus of a 7.3% expansion to pick up from the 7.8% growth rate from the earlier period. It was the sharpest annual growth rate since the March quarter of 2024, reflecting the resilience of the Indian economy to the 50% tariffs from the United States that were passed in August, aided by an increase in government spending and GST tax cuts to support consumer confidence and private investment. Consequently, consumer spending growth accelerated to 7.9% from 7% in the earlier period, accounting for 57% of all GDP output. On the value added front, manufacturing expanded by 9.1% in the period, financial, real estate & professional services surged 10.2%, and construction output rose by 7.2%. Real growth was also supported by a softer deflator, as retail inflation approached record lows and wholesale prices deflated.
2025-11-28