Total GDP
GDP Growth
GDP Per Capita

Gross domestic product (GDP) is the monetary or market value of all the final goods and services produced within a country in a specific time period. It provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP is considered the "world's most powerful statistical indicator of national development and progress". It can also be broken down into the contribution of each industry or sector of the economy. 

A country's GDP can be measured using two different methods;

  • Nominal GDP: GDP evaluated at current market prices without factoring inflation or deflation. It is also called Current GDP.
  • Real GDP: An inflation-adjusted measure that reflects both the value and the quantity of goods and services produced by an economy in a given year

The GDP estimates are revised three times before the final GDP numbers are released. The first revised estimate (RE) is based on a truncated sample from MCA and annual reports of corporates. The second RE is based on a larger MCA sample and provisional Annual Survey of Industries (ASI) results. The third RE is published a year after the second RE. Thus, it can take upto 3 years afters after the end of the fiscal year to know the actual GDP numbers.

Base year = 2011-12 at Current Prices

Gross domestic product (GDP) is the monetary or market value of all the final goods and services produced within a country in a specific time period. It provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP is considered the "world's most powerful statistical indicator of national development and progress". It can also be broken down into the contribution of each industry or sector of the economy. 

A country's GDP can be measured using two different methods;

  • Nominal GDP: GDP evaluated at current market prices without factoring inflation or deflation. It is also called Current GDP.
  • Real GDP: An inflation-adjusted measure that reflects both the value and the quantity of goods and services produced by an economy in a given year

The GDP estimates are revised three times before the final GDP numbers are released. The first revised estimate (RE) is based on a truncated sample from MCA and annual reports of corporates. The second RE is based on a larger MCA sample and provisional Annual Survey of Industries (ASI) results. The third RE is published a year after the second RE. Thus, it can take upto 3 years afters after the end of the fiscal year to know the actual GDP numbers.

Base year = 2011-12 at Current Prices

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SUBJECT Variables
Gross domestic product (GDP) is the monetary or market value of all the final goods and services produced within a country in a specific time period.
GDP | India | 2013 - 2023 | Data, Charts and Analysis
Data and expert analysis on India’s GDP and GSDP including per capita values, sector and industry contribution, GVA, and comparison with global peers.
2013,2014,2015,2016,2017,2018,2019,2020,2021,2022,2023,actual,agriculture,amount,amounts,analysis,annual,chart,charts,compared,contribution,current,data,economy,figure,figures,gdp,global comparison,graph,graphs,growth,growth rate,gsdp,gva,historical,india,indian,indicator,indicators,industry,industry-wise,info,information,level,levels,per capita,percentage,ppp,quarter,quarterly,sector,sector-wise,services,share,size,state,state-wise,statewise,statistics,stats,value,values,what,world comparison,year,yearly
01/04/2013 To 30/09/2023
Total GDP
GDP Growth
GDP Per Capita
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Total GDP
GDP Growth
GDP Per Capita
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GDP (CURRENT PRICES)
Value
Base Year: 2011-12 at Current Prices
Source: World Bank | RBI
Annual Growth
  • India's GDP at current prices in 2022-23 is estimated at USD 3.38 trillion. In rupee terms, the size of India's economy is estimated at INR 272.4 trillion.
  • India's GDP is estimated to grow by 7% in 2022-23, from a contraction of 8.9% estimated in 2021-22. 
  • The ruling BJP government has set an ambitious target of making India a USD 5 trillion economy by 2024 which was later revised to 2026. The economy will need to grow at over 10% annually for India to become a USD 5 trillion economy by 2026.
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Quarterly Growth
Source: MOSPI, Govt. Of India
  • India's GDP is estimated to have grown by 8.4% in Q3 2023-24 in comparison to an estimated growth of 8.1% registered in the previous quarter
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Global Comparison

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