GDP growth, full year
GDP = Gross Domestic Product- How often
- Every yearAdvance estimates in January and February, provisional in early June, revised in later years
- Next release
- Thu 7 JanIn 56 days · 4:00 PM
- Base year
- 2022-23Constant prices of that year
2025-26, up from 7.2% in 2024-25.
Events on this chart
Source: NSO, MoSPI, released 31 Aug 2026 · Chart: Clarity UPSC
- Previous
- 7.2%2024-25
- Highest
- 9.7%2021-22
- Lowest
- −5.8%2020-21
14 readings since 2012-13.
Story
How fast the economy grew over a financial year, after removing price rises.
What is happening now As of 2025-26
Real Gross Domestic Product (GDP) grew 7.8% in 2025-26, against 7.2% in 2024-25. The National Statistics Office (NSO) gave this provisional estimate in the National Accounts Statistics 2026 on 31 August 2026. It raised the figure from 7.7%, published on 5 June, after bringing in the new Producer Price Index, the Index of Industrial Production (IIP) with base 2022-23 and updated administrative data.
The 5 June estimate credited industry and services: the secondary sector grew 8.8% and the tertiary sector 9.3%, while the primary sector, mainly farming, grew 3.2%. Manufacturing, trade and transport, and financial and professional services all grew in double digits. In the first quarter of 2026-27, April–June 2026, growth was 7.8%.
Why it matters
Annual growth of Gross Domestic Product (GDP) is the headline measure of how fast India's economy expands in a year. Faster growth means more goods and services to share: more jobs, higher incomes and more tax revenue. Over several years, it decides how quickly average living standards rise.
The Union Budget is prepared on the advance estimates, so the growth figure shapes how much tax the government expects to collect and how much it plans to borrow. The Reserve Bank of India (RBI) reads growth beside inflation when it sets interest rates, and firms use it to plan investment.
What it is
Annual growth of Gross Domestic Product (GDP) measures how much real GDP rose over a financial year, April to March. Real GDP values all final goods and services produced in India at 2022-23 prices, so its growth shows the change in volume.
The National Statistics Office (NSO) estimates each year in five stages. The first and second advance estimates come in January and February, before the year ends. The provisional estimate adds up the four quarters after the year closes. The first revised and final estimates follow about 11 and 23 months after the year ends, built on company accounts, government accounts, tax records and surveys.
The advance estimates feed into the Union Budget, which is prepared before the year's data are complete. Growth reflects farm output, industry, construction and services; on the spending side, it reflects household consumption, investment, government spending and trade.
Read this number
- The publisher
- The National Statistics Office is the statistics arm of the Ministry of Statistics and Programme Implementation. It compiles GDP, CPI, IIP and the labour force survey.
Terms on this page (7)
- CSO
- Central Statistics Office
- GST
- Goods and Services Tax
- GVA
- Gross Value Added
- IIP
- Index of Industrial Production
- NSO
- National Statistics Office
- PFMS
- Public Financial Management System
- RBI
- Reserve Bank of India
History
- 1956The Central Statistics Office (CSO) publishes the first official national income estimates, with base year 1948-49.
- 29 Jan 2010Base revised to 2004-05.
- 30 Jan 2015Base revised to 2011-12. Gross Domestic Product (GDP) at market prices becomes the headline GDP, and industry output is shown as Gross Value Added (GVA) at basic prices.
- 27 Feb 2026Base revised to 2022-23, the eighth revision. Goods and Services Tax (GST) data, government payment data from the Public Financial Management System (PFMS) and annual surveys of unincorporated enterprises enter the estimates.
- 31 Aug 2026National Accounts Statistics 2026 revises the series with the new Producer Price Index and the Index of Industrial Production (IIP) with base 2022-23.
Readings
| Period | Value | Status | Released |
|---|---|---|---|
| 2025-26 | 7.8%revised from 7.7% | Provisional | 31 Aug 2026 |
| 2024-25 | 7.2%revised from 7.1% | Revised | 31 Aug 2026 |
| 2023-24 | 7.3%revised from 7.2% | Final | 31 Aug 2026 |
| 2022-23 | 7.6% | Final | 12 Nov 2026 |
| 2021-22 | 9.7% | Final | 12 Nov 2026 |
| 2020-21 | −5.8% | Final | 12 Nov 2026 |
| 2019-20 | 3.9% | Final | 12 Nov 2026 |
| 2018-19 | 6.5% | Final | 12 Nov 2026 |
| 2017-18 | 6.8% | Final | 12 Nov 2026 |
| 2016-17 | 8.3% | Final | 12 Nov 2026 |
| 2015-16 | 8.0% | Final | 12 Nov 2026 |
| 2014-15 | 7.4% | Final | 12 Nov 2026 |
For UPSC
Know the five estimate stages (first and second advance, provisional, first revised, final), the 2022-23 base, which is the eighth base revision, and why real growth differs from nominal growth.