GDP Annual Growth Rate in India is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in India to stand at 6.00 in 12 months time. India GDP Growth Rate 1961-2019. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP growth (annual %) - India. World Bank national accounts data, and OECD National Accounts data files. License: CC BY-4.0 In India, the agricultural growth rate is linked to rainfall, and medium-term growth to technology adoption, policy frameworks, and institutional interventions. But, growth in a year may be poor as much due to the good monsoon or abnormally wet conditions in the previous year as the poor monsoon during that year, or it may be high due as much to the poor monsoon in the previous year as to a good monsoon of the year or to policy reforms. According to IMF World Economic Outlook (April-2019), GDP growth rate of India in 2019 is projected at 7.3% and India is 8th fastest growing nation of the world just behind Bangladesh. Average growth rate from 2013-17 is estimated at 7.149%, that is 9th highest. GDP Growth Rate in India averaged 1.67 percent from 1996 until 2019, reaching an all time high of 5.80 percent in the second quarter of 2009 and a record low of -1.80 percent in the first quarter of 2009. This page provides - India GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Since the start of the 21st century, annual average GDP growth has been 6% to 7 %, and from 2014 to 2018, India was the world's fastest growing major economy,
11 Apr 2019 India's population grew at an average annual rate of 1.2 per cent between 2010 and 2019 to 1.36 billion, more than double the annual growth 19 Oct 2016 The annual growth rate of real Gross Domestic Product (GDP) is the broadest indicator of economic activity -- and the most closely watched. The calculation of the annual growth rate of GDP volume is intended to allow comparisons of the dynamics of economic development both over time and India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is
29 Nov 2019 India's annual growth in gross domestic product or GDP fell to 4.5% for the Economists also see Reserve Bank of India cutting its repo rate for
31 Jan 2020 India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the 19 Feb 2020 An economic growth rate is the percentage change in the value of all of the By contrast, the economic growth rate of India fell to 5.8% In the first quarter of March 31 to 7%, compared to the previous annual growth of 6.8%. since the annual average rate of growth of GDP has been around 5 per cent over the period 1975-85" (p 54, emphasis added). More recently, commenting on 19 Feb 2020 India has become the world's fifth largest economy in terms of GDP in past decade – regularly achieving annual growth of between 6-7%. Real GDP growth. Annual percent change. map list chart. Settings. Map. From, Up to, Label, Color. confirm cancel reset. 10% or more. 6% - 10%. 3% - 6%.
IMF says that if India pushed more fundamental market reforms, it could sustain the rate and even reach the government's 2011 target of 10%. States have large responsibilities over their economies. The average annual growth rates ( 2007-12) for Gujarat (13.86%), Uttarakhand (13.66%),
19 Feb 2020 India has become the world's fifth largest economy in terms of GDP in past decade – regularly achieving annual growth of between 6-7%. Real GDP growth. Annual percent change. map list chart. Settings. Map. From, Up to, Label, Color. confirm cancel reset. 10% or more. 6% - 10%. 3% - 6%. 29 Nov 2019 India's annual growth in gross domestic product or GDP fell to 4.5% for the Economists also see Reserve Bank of India cutting its repo rate for
The Hindu rate of growth is a term referring to the low annual growth rate of the economy of India before the liberalisations of 1991, which stagnated around 3.5% from 1950s to 1980s, while per capita income growth averaged 1.3%.
GDP Growth Rate in India averaged 1.67 percent from 1996 until 2019, reaching an all time high of 5.80 percent in the second quarter of 2009 and a record low of -1.80 percent in the first quarter of 2009. This page provides - India GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 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. The statistic shows the growth rate of the real gross domestic product (GDP) in India from 2010 to 2024. In 2018, India's GDP growth was at about 7 percent compared to the previous year. Statista Logo