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

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

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--
2.3Electricity, gas, water supply & other utility services8.623.61--8.662.33--
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