GDP growth
GDP = Gross Domestic Product- How often
- Every quarterAbout two months after the quarter, 4:00 PM: end of August, November and February
- Next release
- Mon 30 NovIn 18 days · 4:00 PM
- Base year
- 2022-23Constant prices of that year
April–June 2026, down from 8.6% in January–March 2026.
Events on this chart
Source: NSO, MoSPI, released 31 Aug 2026 · Chart: Clarity UPSC
- Previous
- 8.6%Q4 2025-26 (Jan–Mar 2026)
- Highest
- 22.6%Q1 2021-22 (Apr–Jun 2021)
- Lowest
- −23.1%Q1 2020-21 (Apr–Jun 2020)
Higher than 77% of the 57 readings since Q1 2012-13 (Apr–Jun 2012).
Story
How fast the economy's real output grew, compared with the same quarter a year earlier.
What is happening now As of Q1 2026-27 (Apr–Jun 2026)
Real Gross Domestic Product (GDP) grew 7.8% in April–June 2026, against 6.9% in the same quarter a year earlier. The National Statistics Office (NSO) says services drove the quarter: they grew 10.0%, led by finance, real estate, information technology and professional services at 12.1%. Manufacturing grew 9.2% and construction 7.7%. Agriculture and allied activities grew 3.6%, while mining output fell 2.4%.
On the spending side, investment in fixed assets such as buildings and machines grew 11.9%, up from 5.8% a year earlier, and household consumption grew 7.1%. GDP grew less than gross value added (8.2%) because net taxes on products rose only 3.9%. On 7 October 2026 the Reserve Bank of India (RBI) said consumption, investment and exports had supported growth; its Monetary Policy Committee still raised the repo rate, its lending rate to banks, by 0.25 percentage point to 5.50%, because inflation and its outlook had worsened.
Why it matters
Gross Domestic Product (GDP) growth is the broadest measure of how fast the economy is producing more. When output grows faster, firms sell more and need more workers, so wages, profits and tax receipts rise with it. When growth slows, the chain runs the other way: firms hold back hiring and investment, and the government collects less tax than it planned.
Policy is built around it. The Union Budget is prepared on the growth estimates. The Reserve Bank of India (RBI) weighs growth against inflation, which it aims to keep near 4%, when it sets interest rates. Firms and lenders use it to plan investment and lending.
What it is
Gross Domestic Product (GDP) is the value of all final goods and services produced in India in a period.
Real GDP values that output at the prices of a base year. Its growth therefore shows the change in volume, after removing price rises.
The National Statistics Office (NSO) estimates GDP every quarter and revises it as fuller data arrive: advance, provisional and then revised estimates for each year.
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.
- Frequency
- Quarterly and annual
- Annual estimates
- First advance (Jan), second advance (Feb), provisional (early June), first revised (about 11 months after the year), final (about 23 months after)
- Release rule
- About two months after the quarter, 4:00 PM IST: end of August, November and February; the fourth quarter with the year's provisional estimate in early June
Terms on this page (6)
- 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
- 2015Series with base 2011-12 begins.
- 2026New series with base 2022-23 released on 27 February 2026. It adds Goods and Services Tax (GST) data and government payment data from the Public Financial Management System (PFMS), and measures manufacturing by double deflation, deflating output and inputs separately.
- 2026Revised with the National Accounts Statistics on 31 August 2026, which brought in the new Producer Price Index and the Index of Industrial Production (IIP) with base 2022-23.
Readings
| Period | Value | Status | Released |
|---|---|---|---|
| Q1 2026-27 (Apr–Jun 2026) | 7.8% | Provisional | 31 Aug 2026 |
| Q4 2025-26 (Jan–Mar 2026) | 8.6%revised from 7.8% | Revised | 31 Aug 2026 |
| Q3 2025-26 (Oct–Dec 2025) | 7.7%revised from 8.0% | Revised | 31 Aug 2026 |
| Q2 2025-26 (Jul–Sep 2025) | 8.1%revised from 8.3% | Revised | 31 Aug 2026 |
| Q1 2025-26 (Apr–Jun 2025) | 6.9%revised from 6.8% | Revised | 31 Aug 2026 |
| Q4 2024-25 (Jan–Mar 2025) | 6.6%revised from 7.0% | Revised | 31 Aug 2026 |
| Q3 2024-25 (Oct–Dec 2024) | 7.4% | Revised | 27 Feb 2026 |
| Q2 2024-25 (Jul–Sep 2024) | 7.3%revised from 6.6% | Revised | 31 Aug 2026 |
| Q1 2024-25 (Apr–Jun 2024) | 7.5% | Revised | 27 Feb 2026 |
| Q4 2023-24 (Jan–Mar 2024) | 7.4%revised from 7.5% | Revised | 31 Aug 2026 |
| Q3 2023-24 (Oct–Dec 2023) | 7.7%revised from 7.1% | Revised | 31 Aug 2026 |
| Q2 2023-24 (Jul–Sep 2023) | 7.5%revised from 7.6% | Revised | 31 Aug 2026 |
For UPSC
Know the estimate cycle and the 2022-23 base. Know how Gross Domestic Product (GDP) differs from Gross Value Added (GVA): GDP = GVA at basic prices + product taxes − product subsidies. Know why real growth differs from nominal growth.