Quarterly GDP growth of India

Source Ministry of Statistics and Programme Implementation : 2011-2019, 2019-20, 2020-21
Date27 Nov 2020

GDP at constant (2011-12) prices in Q2 of 2020-21 is estimated at 33.14 lakh crore INR, showing a contraction of 7.54 percent over the corresponding quarter of previous year. Now growth rate for FY21 stands at -15.67%. GDP growth rate was 4.42% in the year-earlier quarter and -23.92% in the preceding one.

Since 2012-13, India attained maximum growth of 9.62 percent in Q2 of 2016-17. The Q4 of FY16 was other quarter when growth rate was above 9 percent.

Quarterly GVA at Basic Price at Constant (2011-12) Prices for 2020-21 (Q1) is estimated at 30.49 lakh crore, showing a contraction of 7.00 percent over the corresponding quarter of previous year.

GVA growth rates of Agriculture & allied, Industry, and Services sector are 3.39%, -2.08%, and -11.43%, respectively. The 'Electricity, gas, water supply & other utility services' has registered highest growth rate of 4.43% percent in Q2 of 2020-21 over Q2 of 2019-20. 'Trade, hotels, transport, communication and services related to broadcasting' sector has seen highest decline of over 15 percent, followed by 'Public Administration, defence and other services' (-12.21 percent).

Nominal GDP growth, a measure of GDP without adjusting for inflation, declined 4.04%. The lowest nominal growth rate of 22.57% was recorded in FY21 (Q1).

Quarterly GDP growth

YearGDP growth at 2011-12 prices GDP growth at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2020-21 -23.92-7.54---15.67-22.57-4.04---13.30
2012-134.877.495.384.305.4613.2016.1413.5212.6913.82
2013-146.457.346.535.346.3910.9013.9714.6212.3112.97
2014-158.028.705.927.117.4113.6013.699.038.2910.99
2015-167.598.037.209.098.0011.299.899.1611.5010.46
2016-178.689.678.586.298.2612.2211.8711.4611.5511.76
2017-185.786.477.648.187.0410.1011.1311.6411.4011.09
2018-197.106.205.595.676.1213.5711.4011.367.8910.95
2019-205.244.424.083.094.188.065.877.397.537.21

Quarterly GDP

YearGDP (crore INR) at 2011-12 prices GDP (crore INR) at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2020-21 2,689,5563,314,167--6,003,7233,808,1934,722,068--8,530,261
2011-122,102,8632,042,8702,225,1352,365,46187363312,043,4962,029,4692,244,8522,418,5118736330
2012-132,205,2232,195,9462,344,7672,467,08292130172,313,2032,356,9532,548,3782,725,4799944013
2013-142,347,3962,357,0792,497,9972,598,89898013702,565,3742,686,2032,921,0703,060,87411233522
2014-152,535,7512,562,2422,645,9472,783,733105276742,914,3933,053,9823,184,9173,314,66712467959
2015-162,728,2792,768,0872,836,3873,036,738113694933,243,5433,355,8843,476,6323,695,81413771874
2016-172,965,0883,035,7563,079,6223,227,728123081933,639,7753,754,1173,875,0074,122,77115391669
2017-183,136,5723,232,0723,314,8013,491,719131751604,007,4534,172,1224,326,1054,592,62417098304
2018-193,359,1623,432,5533,500,0333,689,674139814264,551,2244,647,8314,817,4134,954,77018971237
2019-203,535,2673,584,3353,642,7483,803,601145659514,918,2284,920,6945,173,2345,327,69320339849

Sector-wise Quarterly GDP growth

Sector Growth (2020-21) at 2011-12 prices Growth (2020-21) at current prices
Q1Q2Q3Q4 Q1Q2Q3Q4
1Agriculture Sector3.373.39--5.697.7--
1.1Agriculture,forestry & fishing3.373.39--5.697.7--
2Industry Sector-38.08-2.08---39.47-2.7--
2.1Mining & quarrying-23.27-9.14---41.32-17.95--
2.2Manufacturing-39.300.62---39.321.75--
2.3Electricity, gas, water supply & other utility services-7.054.43---5.29-3.13--
2.4Construction-50.25-8.59---51.38-8.38--
3Services Sector-20.64-11.43---18.40-7.55--
3.1Trade, hotels, transport, communication and services related to broadcasting-47.01-15.55---47.36-10.29--
3.2Financial, real estate & prof servs-5.33-8.09---4.35-5.79--
3.3Public Administration, defence and other services-10.26-12.21---5.05-7.37--
GVA at basic prices -22.81-7.00 -- -20.57-4.16 --