The Gross Domestic Product (GDP) in India expanded 4.7 % YoY in Dec 2019, following a growth of 5.1 % in the previous quarter. Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Dec 2019, with an average rate of 7.5 %. The data reached an all-time high of 13.3 % in Mar 2010 and a record low of 0.2 % in Mar 2009. CEIC calculates Real GDP Growth from quarterly Real GDP. Central Statistics Office provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.
In the latest reports, Nominal GDP of India reached 728.6 USD bn in Dec 2019. Its GDP deflator (implicit price deflator) increased 2.9 % in Dec 2019. GDP Per Capita in India reached 2,044.6 USD in Mar 2019. Its Gross Savings Rate was measured at 30.1 % in Mar 2019.
| Related Indicators for India Real GDP Growth | ||||
| NATIONAL ACCOUNTS | LAST | PREVIOUS | FREQUENCY | RANGE |
|---|---|---|---|---|
| Nominal GDP (USD mn) | 728,570.0 | 702,290.8 | Quarterly | Jun 1996 – Dec 2019 |
| Nominal GDP Growth (%) | 7.711 | 6.395 | Quarterly | Jun 2012 – Dec 2019 |
| GDP per Capita (USD) | 2,044.586 | 2,018.685 | Yearly | 1958 – 2019 |
| GDP Deflator Growth (%) | 2.9 | 1.2 | Quarterly | Jun 2012 – Dec 2019 |
| Private Consu-mption Expen-diture (USD mn) | 454,3-02.072 | 418,7-01.449 | Quarterly | Jun 1996 – Dec 2019 |
| Private Consu-mption: % of GDP (%) | 62.4 | 59.6 | Quarterly | Jun 1996 – Dec 2019 |
| Public Consu-mption Expen-diture (USD mn) | 80,80-5.470 | 96,48-5.610 | Quarterly | Jun 1996 – Dec 2019 |
| Public Consu-mption: % of GDP (%) | 11.1 | 13.7 | Quarterly | Jun 1996 – Dec 2019 |
| Inves-tment: % of GDP (%) | 28.8 | 29.3 | Quarterly | Jun 2004 – Dec 2019 |
| Gross Fixed Capital Formation (USD mn) | 190,4-81.073 | 185,0-12.846 | Quarterly | Jun 1996 – Dec 2019 |
| Gross National Product (USD mn) | 2,684-,230.331 | 2,623-,881.019 | Yearly | 1957 – 2018 |
| Gross Savings Rate (%) | 30.1 | 32.4 | Yearly | 1951 – 2019 |
| Forecast: GDP PPP Per Capita (PPP Intl $) | 12,35-3.807 | 11,43-1.347 | Yearly | 1980 – 2024 |
| Forecast: Nominal GDP Per Capita (USD) | 3,209.673 | 2,965.506 | Yearly | 1980 – 2024 |
| Forecast: Real GDP Growth (%) | 7.331 | 7.439 | Yearly | 1980 – 2024 |
| Gross Domestic Product at Market Price (INR mn) | 203,8-47,59-0.120 | 189,7-12,36-8.971 | Yearly | 1951 – 2020 |
| NAS 2011–2012: Gross Domestic Product: At Market Price: Per Capita (INR) | 152,0-12.000 | 142,9-63.000 | Yearly | 1951 – 2020 |
| Subsidies on Products (INR mn) | 3,589-,327.800 | 3,198-,194.100 | Yearly | 2005 – 2018 |
| NAS 2011–2012: Gross National Dispo-sable Income (INR mn) | 206,7-52,29-0.000 | 192,6-26,52-0.000 | Yearly | 1951 – 2020 |
| GDP Deflator: 2011-12p: YoY (%) | 2.862 | 1.245 | Quarterly | Jun 2012 – Dec 2019 |
| GDP per Capita: USD (USD) | 2,044.586 | 2,018.685 | Yearly | 1958 – 2019 |
| Nominal GDP: USD mn (USD mn) | 728,5-69.988 | 702,2-90.813 | Quarterly | Jun 1996 – Dec 2019 |
| NAS 2011–2012: Gross Value Added: 2011–2012p: Quart-erly: Industry: Mining and Qu… (INR mn) | 854,2-88.226 | 698,9-00.361 | Quarterly | Jun 2011 – Dec 2019 |
| NAS 2011–2012: Gross Value Added: 2011–2012p: Quart-erly: Industry: Manuf-acturing (INR mn) | 5,593-,346.574 | 5,771-,838.628 | Quarterly | Jun 2011 – Dec 2019 |
| Real GDP: YoY (%) | 4.713 | 5.087 | Quarterly | Jun 2005 – Dec 2019 |