Quarterly GDP growth of India

Source Ministry of Statistics and Programme Implementation : 2011-2019, 2019-20, 2020-21
Date31 Aug 2020

GDP at constant (2011-12) prices in Q1 of 2020-21 is estimated at 26.90 lakh crore INR, showing a contraction of 23.92 percent over the corresponding quarter of previous year. GDP growth rate was 5.24% in the year-earlier quarter and 3.09% in the preceding one. Growth rate is decreasing since Q4 of FY18 (8.18%).

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 25.53 lakh crore, showing a contraction of 22.81 percent over the corresponding quarter of previous year.

GVA growth rates of Agriculture & allied, Industry, and Services sector are 3.37%, -38.08%, and -20.64%, respectively. The 'Agriculture,forestry & fishing' is the only sector which registered positive growth rate of 3.37% percent in Q1 of 2020-21 over Q1 of 2019-20. Construction sector has seen highest decline of over 50 percent, followed by 'Trade, hotels, transport, communication and services related to broadcasting' (-47 percent).

Nominal GDP growth, a measure of GDP without adjusting for inflation, declined 22.57%. The previous lowest nominal growth rate of 5.87% was recorded in FY20 (Q2).

Quarterly GDP growth

YearGDP growth at 2011-12 prices GDP growth at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2020-21 -23.92----23.92-22.57----22.57
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 2,689,556---2,689,5563,808,193---3,808,193
2011-122,102,8632,042,8702,225,1352,365,46187,36,3312,043,4962,029,4692,244,8522,418,51187,36,330
2012-132,205,2232,195,9462,344,7672,467,08292,13,0172,313,2032,356,9532,548,3782,725,47999,44,013
2013-142,347,3962,357,0792,497,9972,598,89898,01,3702,565,3742,686,2032,921,0703,060,8741,12,33,522
2014-152,535,7512,562,2422,645,9472,783,7331,05,27,6742,914,3933,053,9823,184,9173,314,6671,24,67,959
2015-162,728,2792,768,0872,836,3873,036,7381,13,69,4933,243,5433,355,8843,476,6323,695,8141,37,71,874
2016-172,965,0883,035,7563,079,6223,227,7281,23,08,1933,639,7753,754,1173,875,0074,122,7711,53,91,669
2017-183,136,5723,232,0723,314,8013,491,7191,31,75,1604,007,4534,172,1224,326,1054,592,6241,70,98,304
2018-193,359,1623,432,5533,500,0333,689,6741,39,81,4264,551,2244,647,8314,817,4134,954,7701,89,71,237
2019-203,535,2673,584,3353,642,7483,803,6011,45,65,9514,918,2284,920,6945,173,2345,327,6932,03,39,849

Sector-wise Quarterly GDP growth

Sector Growth (2020-21) at 2011-12 prices Growth (2020-21) at current prices
Q1Q2Q3Q4 Q1Q2Q3Q4
1Agriculture Sector5.69---3.37---
1.1Agriculture,forestry & fishing5.69---3.37---
2Industry Sector-39.47----38.08---
2.1Mining & quarrying-41.32----23.27---
2.2Manufacturing-39.32----39.30---
2.3Electricity, gas, water supply & other utility services-5.29----7.05---
2.4Construction-51.38----50.25---
3Services Sector-18.40----20.64---
3.1Trade, hotels, transport, communication and services related to broadcasting-47.36----47.01---
3.2Financial, real estate & prof servs-4.35----5.33---
3.3Public Administration, defence and other services-5.05----10.26---
GVA at basic prices -20.57- -- -22.81- --