Quarterly GDP growth of India

Source Ministry of Statistics and Programme Implementation : 2011-2019, 2019-20
Date29 Nov 2019

GDP at constant (2011-12) prices in Q2 of 2019-20 is estimated at 35.99 lakh crore INR, showing a growth rate of 4.55 percent over the corresponding quarter of previous year. It is the slowest growth since the fourth quarter of FY13 and 2nd lowest in 2011-12 series. GDP growth was 7.00% in the year-earlier quarter and 5.01% in the preceding one. Growth is decreasing since Q4 of FY18 (8.13%).

Since 2012-13, India attained maximum growth of 9.37 percent in Q1 of 2016-17, while minimum growth rate of 4.30 percent in Q4 of 2012-13.

Quarterly GVA at Basic Price at Constant (2011-12) Prices for Q1 of 2019-20 is estimated at 33.16 lakh crore, showing a growth rate of 4.33 percent over the corresponding quarter of previous year.

GVA growth rates in third quarter of Agriculture & allied, Industry, and Services sector are 2.08%, 0.52%, and 6.81%, respectively. The economic activities which registered growth of over 5 percent in Q2 of 2019-20 over Q2 of 2018-19 are 'Financial, real estate & prof servs', 'Public Administration, defence and other services'. Slowest growth registered in Manufacturing Sector (-1.05%) followed by 'Mining & quarrying' (0.13%).

Nominal GDP growth, a measure of GDP without adjusting for inflation, rose just 6.09%, the least in the current series of national accounts going back to FY12.

quarterly gdp growth rate of India
quarterly gdp growth rate of India at 2011-12 prices
quarterly gdp growth rate of India at current prices

Quarterly GDP growth

YearGDP growth at 2011-12 prices GDP growth at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2019-2020 5.014.55--4.787.996.09--7.02
2012-20134.877.495.384.305.4613.2016.1413.5212.6913.82
2013-20146.457.346.535.346.3910.9013.9714.6212.3112.97
2014-20158.028.705.927.117.4113.6013.699.038.2910.99
2015-20167.598.037.209.098.0011.299.899.1611.5010.46
2016-20179.378.877.557.048.1712.0411.7511.1811.2911.55
2017-20185.996.777.698.137.1710.7011.3611.5211.4911.28
2018-20197.957.006.585.836.8112.6212.0410.999.4011.20

Quarterly GDP

YearGDP (crore INR) at 2011-12 prices GDP (crore INR) at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2019-2020 3,585,1753,599,334--7,184,5094,892,6934,963,549--9,856,242
2011-20122,102,8632,042,8702,225,1352,365,46187,36,3312,043,4962,029,4692,244,8522,418,51187,36,330
2012-20132,205,2232,195,9462,344,7672,467,08292,13,0172,313,2032,356,9532,548,3782,725,47999,44,013
2013-20142,347,3962,357,0792,497,9972,598,89698,01,3702,565,3742,686,2032,921,0703,060,8741,12,33,522
2014-20152,535,7512,562,2422,645,9472,783,7331,05,27,6742,914,3933,053,9823,184,9173,314,6671,24,67,959
2015-20162,728,2792,768,0872,836,3873,036,7381,13,69,4933,243,5433,355,8843,476,6323,695,8141,37,71,874
2016-20172,983,8183,013,4893,050,4253,250,5921,22,98,3273,634,1683,750,0413,865,1624,113,0151,53,62,386
2017-20183,162,5373,217,4653,284,9713,514,8841,31,79,8574,022,9884,176,0314,310,5304,585,4561,70,95,005
2018-20193,413,9973,442,7393,501,0203,719,8301,40,77,5864,530,6854,678,7274,784,3285,016,4241,90,10,164

Sectorwise Quarterly GDP growth

Sector Growth (2019-20) at 2011-12 prices Growth (2019-20) at current prices
Q1Q2Q3Q4 Q1Q2Q3Q4
1Agriculture Sector2.042.08--7.907.36--
1.1Agriculture,forestry & fishing2.042.08--7.907.36--
2Industry Sector2.740.52--4.760.45--
2.1Mining & quarrying2.680.13--5.49-4.43--
2.2Manufacturing0.58-1.05--2.02-1.10--
2.3Electricity, gas, water supply & other utility services8.623.61--8.662.33--
2.4Construction5.753.33--8.584.25--
3Services Sector6.886.81--9.689.07--
3.1Trade, hotels, transport, communication and services related to broadcasting7.074.81--10.696.06--
3.2Financial, real estate & prof servs5.925.79--6.436.49--
3.3Public Administration, defence and other services8.5011.61--14.0317.17--
GVA at basic prices 4.944.33 7.956.32