Source | Ministry of Statistics and Programme Implementation (12,13) |
Date | 06 Apr 2024 |
The services sector is the largest sector of India. Gross Value Added (GVA) at current prices for the services sector is estimated at 146.35 lakh crore INR in 2023-24. The services sector accounts for 54.86% of total India's GVA of 266.78 lakh crore Indian rupees. With GVA of Rs. 73.50 lakh crore, the Industry sector contributes 27.55%. While Agriculture and allied sector share 17.59%.
At 2011-12 prices, the Agriculture & allied, Industry, and Services sector's composition is 14.45%, 30.82%, and 54.73%, respectively.
Share of primary (comprising agriculture, forestry, fishing, and mining & quarrying), secondary (comprising manufacturing, electricity, gas, water supply & other utility services, and construction), and tertiary (services) sectors have been estimated as 19.56 percent, 25.58 percent, and 54.86 percent.
At previous methodology, the composition of Agriculture & allied, Industry, and Services sector was 51.81%, 14.16%, and 33.25%, respectively at current prices in 1950-51. Share of Agriculture & allied sector has declined at 18.20% in 2013-14. Share of Services sector has improved to 57.03%. Share of Industry sector has also increased to 24.77%.
According to CIA Fackbook, sector-wise Indian GDP composition in 2017 is as follows: Agriculture (15.4%), Industry (23%), and Services (61.5%). With the production of agriculture activity of $375.61 billion, India is 2nd larger producer of agriculture products. India accounts for 7.39 percent of total global agricultural output. India is way behind China, which has $991 bn GDP in the agriculture sector. GDP of the Industry sector is $560.97 billion, and world rank is 6. India's world rank is eight in the Services sector, and its GDP is $1500 billion.
The Agriculture sector's contribution to the Indian economy is much higher than the world's average (6.4%). The industry and services sector's contribution is lower than the world's average 30% for the Industry sector and 63% for the Services sector.
Sector | GVA in 2023-24 (Rupees in Crore) | ||||
---|---|---|---|---|---|
Constant prices | share (%) | Current prices | share (%) | ||
1 | Agriculture Sector | 2,287,329 | 14.45 % | 4,692,360 | 17.59 % |
1.1 | Agriculture,forestry & fishing | 2,287,329 | 14.45 % | 4,692,360 | 17.59 % |
2 | Industry Sector | 4,877,784 | 30.82 % | 7,349,980 | 27.55 % |
2.1 | Mining & quarrying | 340,821 | 2.15 % | 527,064 | 1.98 % |
2.2 | Manufacturing | 2,717,235 | 17.17 % | 3,773,280 | 14.14 % |
2.3 | Electricity, gas, water supply & other utility services | 374,125 | 2.36 % | 651,838 | 2.44 % |
2.4 | Construction | 1,445,603 | 9.13 % | 2,397,798 | 8.99 % |
3 | Services Sector | 8,662,596 | 54.73 % | 14,635,339 | 54.86 % |
3.1 | Trade, hotels, transport, communication and services related to broadcasting | 2,957,058 | 18.68 % | 4,688,447 | 17.57 % |
3.2 | Financial, real estate & prof servs | 3,684,959 | 23.28 % | 6,052,948 | 22.69 % |
3.3 | Public Administration, defence and other services | 2,020,579 | 12.77 % | 3,893,944 | 14.60 % |
GVA at basic prices | 15,827,708 | 100 % | 26,677,679 | 100 % |
Sector | GVA in 2023-24 (Rupees in Crore) | ||||
---|---|---|---|---|---|
Constant prices | share (%) | Current prices | share (%) | ||
1 | Primary Sector | 2,628,150 | 16.60 % | 5,219,424 | 19.56 % |
1.1 | Agriculture,forestry & fishing | 2,287,329 | 14.45 % | 4,692,360 | 17.59 % |
1.2 | Mining & quarrying | 340,821 | 2.15 % | 527,064 | 1.98 % |
2 | Secondary Sector | 4,536,963 | 28.66 % | 6,822,916 | 25.58 % |
2.1 | Manufacturing | 2,717,235 | 17.17 % | 3,773,280 | 14.14 % |
2.2 | Electricity, gas, water supply & other utility services | 374,125 | 2.36 % | 651,838 | 2.44 % |
2.3 | Construction | 1,445,603 | 9.13 % | 2,397,798 | 8.99 % |
3 | Tertiary Sector | 8,662,596 | 54.73 % | 14,635,339 | 54.86 % |
3.1 | Trade, hotels, transport, communication and services related to broadcasting | 2,957,058 | 18.68 % | 4,688,447 | 17.57 % |
3.2 | Financial, real estate & prof servs | 3,684,959 | 23.28 % | 6,052,948 | 22.69 % |
3.3 | Public Administration, defence and other services | 2,020,579 | 12.77 % | 3,893,944 | 14.60 % |
GVA at basic prices | 15,827,708 | 100 % | 26,677,679 | 100 % |
Sector | GVA (Rupees in Crore) at 2011-12 prices | GVA (Rupees in Crore) at current prices | |||
---|---|---|---|---|---|
2016-17 | % share | 2016-17 | % share | ||
1 | Agriculture Sector | 1,716,746 | 15.26 | 2,484,005 | 17.95 |
1.1 | Agriculture, forestry & fishing | 1,716,746 | 15.26 | 2,484,005 | 17.95 |
1.11 | Crops | 1,033,008 | 9.18 | 1,530,137 | 11.05 |
1.12 | Livestock | 448,964 | 3.99 | 639,912 | 4.62 |
1.13 | Forestry & logging | 138,779 | 1.23 | 180,465 | 1.30 |
1.14 | Fishing and aquaculture | 95,996 | 0.85 | 133,492 | 0.96 |
2 | Industry Sector | 3,542,821 | 31.50 | 4,054,112 | 29.29 |
2.1 | Mining & quarrying | 371,066 | 3.30 | 332,947 | 2.41 |
2.2 | Manufacturing | 2,048,711 | 18.21 | 2,329,220 | 16.83 |
2.21 | Food Products, Beverages and Tobacco | 174,619 | 1.55 | 212,347 | 1.53 |
2.22 | Textiles, Apparel and Leather Products | 274,256 | 2.44 | 315,236 | 2.28 |
2.23 | Metal Products | 263,186 | 2.34 | 251,748 | 1.82 |
2.24 | Machinery and Equipment | 442,382 | 3.93 | 548,807 | 3.96 |
2.25 | Other Manufactured Goods | 894,267 | 7.95 | 1,001,081 | 7.23 |
2.3 | Electricity, gas, water supply & other utility services | 244,934 | 2.18 | 363,482 | 2.63 |
2.4 | Construction | 878,110 | 7.81 | 1,028,463 | 7.43 |
3 | Services Sector | 5,988,062 | 53.24 | 7,303,474 | 52.76 |
3.1 | Trade, repair, hotels and restaurants | 1,370,909 | 12.19 | 1,586,238 | 11.46 |
3.11 | Trade & repair services | 1,250,502 | 11.12 | 1,446,832 | 10.45 |
3.12 | Hotels & restaurants | 120,407 | 1.07 | 139,406 | 1.01 |
3.2 | Transport, storage, communication & services related to broadcasting | 766,193 | 6.81 | 935,575 | 6.76 |
3.21 | Railways | 84,594 | 0.75 | 106,582 | 0.77 |
3.22 | Road transport | 362,077 | 3.22 | 434,588 | 3.14 |
3.23 | Water transport | 8,578 | 0.08 | 6,848 | 0.05 |
3.24 | Air transport | 7,184 | 0.06 | 20,655 | 0.15 |
3.25 | Services incidental to transport | 86,617 | 0.77 | 103,496 | 0.75 |
3.26 | Storage | 5,869 | 0.05 | 6,888 | 0.05 |
3.27 | Communication & services related to broadcasting | 211,274 | 1.88 | 256,518 | 1.85 |
3.3 | Financial, real estate & prof servs | 2,437,857 | 21.67 | 2,857,322 | 20.64 |
3.31 | Financial services | 682,553 | 6.07 | 742,936 | 5.37 |
3.32 | Real estate, ownership of dwelling & professional services | 1,755,304 | 15.61 | 2,114,386 | 15.28 |
3.4 | Community, social & pers. Servs | 1,413,103 | 12.56 | 1,924,339 | 13.90 |
3.41 | Public administration & defence | 637,056 | 5.66 | 859,615 | 6.21 |
3.42 | Other services | 776,047 | 6.90 | 1,064,724 | 7.69 |
GVA at basic prices | 11,247,629 | 13,841,591 |
Year | Agriculture & Allied | Agriculture | Industry | Mining & Quarrying | Manufacturing | Services | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
current | 04-05 | current | 04-05 | current | 04-05 | current | 04-05 | current | 04-05 | current | 04-05 | |
1950-51 | 51.81 | 51.88 | 45.48 | 41.83 | 14.16 | 16.19 | 0.75 | 1.84 | 10.51 | 8.98 | 33.25 | 29.54 |
1951-52 | 50.67 | 51.45 | 44.56 | 41.54 | 15.00 | 16.69 | 0.79 | 2.02 | 11.04 | 9.05 | 33.59 | 29.63 |
1952-53 | 50.05 | 51.61 | 44.43 | 42.08 | 14.38 | 16.22 | 0.83 | 2.01 | 10.54 | 9.10 | 35.22 | 29.71 |
1953-54 | 50.64 | 52.39 | 45.24 | 43.23 | 14.47 | 16.15 | 0.77 | 1.92 | 10.91 | 9.25 | 34.34 | 28.81 |
1954-55 | 45.86 | 51.73 | 40.41 | 42.63 | 16.20 | 16.77 | 0.85 | 1.92 | 12.05 | 9.49 | 38.18 | 28.94 |
1955-56 | 43.77 | 50.01 | 38.43 | 40.95 | 17.06 | 18.07 | 0.86 | 1.90 | 12.19 | 9.98 | 39.78 | 29.62 |
1956-57 | 46.58 | 49.89 | 41.19 | 41.06 | 16.84 | 18.56 | 0.87 | 1.89 | 12.16 | 10.15 | 36.44 | 29.31 |
1957-58 | 44.61 | 48.23 | 39.35 | 39.45 | 17.20 | 18.61 | 0.99 | 2.04 | 12.66 | 10.67 | 38.34 | 30.78 |
1958-59 | 46.27 | 49.34 | 41.05 | 40.80 | 16.69 | 18.49 | 0.95 | 1.95 | 12.09 | 10.41 | 36.87 | 29.79 |
1959-60 | 44.26 | 47.80 | 39.09 | 39.34 | 17.76 | 19.33 | 0.96 | 2.01 | 12.89 | 10.88 | 38.04 | 30.60 |
1960-61 | 42.56 | 47.65 | 37.45 | 39.41 | 19.30 | 20.09 | 1.04 | 2.16 | 13.71 | 11.00 | 38.25 | 30.19 |
1961-62 | 41.77 | 46.25 | 36.55 | 38.10 | 19.93 | 20.80 | 1.04 | 2.21 | 14.33 | 11.58 | 38.36 | 30.85 |
1962-63 | 39.89 | 44.39 | 34.90 | 36.51 | 20.61 | 21.76 | 1.17 | 2.43 | 14.88 | 12.17 | 39.91 | 31.92 |
1963-64 | 41.08 | 43.24 | 36.10 | 35.41 | 20.54 | 22.74 | 1.11 | 2.38 | 14.85 | 12.68 | 38.47 | 32.19 |
1964-65 | 42.96 | 43.90 | 38.00 | 36.31 | 19.64 | 22.57 | 1.00 | 2.24 | 13.97 | 12.60 | 37.15 | 31.64 |
1965-66 | 40.91 | 40.53 | 35.96 | 32.61 | 20.43 | 24.38 | 1.10 | 2.60 | 14.23 | 13.20 | 38.73 | 33.76 |
1966-67 | 41.81 | 39.56 | 36.79 | 31.54 | 20.06 | 25.01 | 1.05 | 2.63 | 13.67 | 13.17 | 37.95 | 34.45 |
1967-68 | 44.53 | 42.02 | 39.43 | 34.15 | 18.78 | 23.89 | 1.04 | 2.51 | 12.43 | 12.22 | 36.16 | 33.07 |
1968-69 | 43.52 | 40.88 | 38.24 | 33.17 | 19.35 | 24.41 | 1.06 | 2.52 | 12.75 | 12.57 | 36.71 | 33.71 |
1969-70 | 43.29 | 40.85 | 38.16 | 33.39 | 20.11 | 24.62 | 1.07 | 2.48 | 13.36 | 13.07 | 36.07 | 33.28 |
1970-71 | 41.95 | 41.66 | 36.88 | 34.16 | 20.48 | 23.62 | 1.05 | 2.20 | 13.70 | 12.74 | 37.22 | 33.26 |
1971-72 | 40.28 | 40.47 | 35.25 | 32.92 | 21.23 | 23.97 | 1.03 | 2.23 | 14.29 | 13.02 | 38.37 | 34.14 |
1972-73 | 40.28 | 38.56 | 35.17 | 31.16 | 21.29 | 24.92 | 1.01 | 2.37 | 14.44 | 13.57 | 38.27 | 35.25 |
1973-74 | 43.31 | 39.54 | 37.97 | 32.32 | 20.16 | 23.99 | 0.94 | 2.30 | 14.25 | 13.56 | 35.79 | 34.82 |
1974-75 | 40.31 | 38.49 | 35.14 | 31.07 | 21.47 | 24.05 | 1.15 | 2.38 | 15.56 | 13.80 | 37.60 | 35.84 |
1975-76 | 37.62 | 39.86 | 32.59 | 32.55 | 22.19 | 23.62 | 1.37 | 2.45 | 15.24 | 12.92 | 40.05 | 35.06 |
1976-77 | 35.75 | 37.09 | 30.84 | 30.19 | 23.45 | 25.35 | 1.46 | 2.51 | 15.69 | 13.88 | 40.86 | 36.23 |
1977-78 | 37.09 | 37.98 | 32.13 | 31.61 | 23.20 | 25.24 | 1.41 | 2.41 | 15.40 | 13.72 | 39.47 | 35.38 |
1978-79 | 35.47 | 36.83 | 30.43 | 30.55 | 24.26 | 25.58 | 1.43 | 2.34 | 16.50 | 14.61 | 40.12 | 35.77 |
1979-80 | 33.63 | 33.89 | 28.55 | 27.92 | 25.02 | 26.13 | 1.64 | 2.50 | 17.31 | 14.92 | 41.33 | 38.57 |
1980-81 | 35.39 | 35.69 | 30.20 | 29.82 | 24.29 | 25.66 | 1.71 | 2.62 | 16.18 | 13.95 | 39.92 | 37.65 |
1981-82 | 34.07 | 35.35 | 28.96 | 29.60 | 25.12 | 26.23 | 2.60 | 2.82 | 16.25 | 14.28 | 40.39 | 37.49 |
1982-83 | 32.88 | 34.25 | 27.79 | 28.72 | 25.19 | 25.85 | 2.87 | 3.06 | 15.88 | 14.33 | 41.53 | 39.03 |
1983-84 | 33.54 | 34.97 | 28.58 | 29.49 | 25.22 | 25.86 | 2.75 | 2.92 | 16.10 | 14.65 | 40.81 | 38.25 |
1984-85 | 32.21 | 34.17 | 27.36 | 28.79 | 25.57 | 25.88 | 2.75 | 2.84 | 16.11 | 14.69 | 41.83 | 39.04 |
1985-86 | 30.89 | 32.91 | 26.21 | 27.69 | 25.70 | 25.94 | 2.64 | 2.88 | 15.98 | 14.55 | 43.06 | 40.36 |
1986-87 | 29.74 | 31.42 | 25.12 | 26.44 | 25.89 | 26.30 | 2.76 | 3.10 | 15.84 | 14.71 | 44.05 | 41.62 |
1987-88 | 29.18 | 29.86 | 24.64 | 25.10 | 25.92 | 26.81 | 2.55 | 3.10 | 15.87 | 15.01 | 44.58 | 42.76 |
1988-89 | 30.20 | 31.35 | 25.70 | 26.62 | 25.79 | 26.56 | 2.79 | 3.27 | 15.68 | 14.78 | 43.67 | 41.51 |
1989-90 | 28.97 | 29.89 | 24.53 | 25.18 | 26.53 | 27.10 | 2.67 | 3.32 | 16.41 | 15.16 | 44.17 | 42.58 |
1990-91 | 29.02 | 29.53 | 24.65 | 24.94 | 26.49 | 27.63 | 2.60 | 3.48 | 16.16 | 15.08 | 44.18 | 42.55 |
1991-92 | 29.39 | 28.54 | 25.16 | 24.02 | 25.40 | 27.33 | 2.47 | 3.55 | 15.21 | 14.51 | 44.96 | 43.91 |
1992-93 | 28.74 | 28.89 | 24.56 | 24.41 | 25.77 | 26.77 | 2.48 | 3.40 | 15.36 | 14.20 | 45.22 | 44.05 |
1993-94 | 28.68 | 28.24 | 24.46 | 23.83 | 25.50 | 26.73 | 2.48 | 3.26 | 15.32 | 14.59 | 45.57 | 44.76 |
1994-95 | 28.27 | 27.80 | 24.08 | 23.46 | 26.41 | 27.42 | 2.40 | 3.35 | 16.20 | 15.20 | 45.03 | 44.52 |
1995-96 | 26.26 | 25.73 | 22.39 | 21.65 | 27.40 | 28.44 | 2.28 | 3.30 | 17.30 | 16.36 | 46.05 | 45.69 |
1996-97 | 27.13 | 26.19 | 23.25 | 22.14 | 26.60 | 28.03 | 2.15 | 3.08 | 16.94 | 16.59 | 45.96 | 45.51 |
1997-98 | 25.89 | 24.47 | 21.98 | 20.59 | 26.41 | 27.95 | 2.33 | 3.24 | 15.85 | 15.91 | 47.45 | 47.53 |
1998-99 | 25.79 | 24.39 | 22.04 | 20.68 | 25.74 | 27.28 | 2.16 | 3.12 | 15.00 | 15.38 | 48.26 | 48.24 |
1999-2K | 24.50 | 23.18 | 20.96 | 19.61 | 25.22 | 26.77 | 2.25 | 3.01 | 14.60 | 15.01 | 50.27 | 50.05 |
2000-01 | 23.02 | 22.26 | 19.43 | 18.71 | 26.00 | 27.25 | 2.29 | 2.96 | 15.31 | 15.46 | 50.98 | 50.49 |
2001-02 | 22.92 | 22.39 | 19.34 | 18.90 | 25.08 | 26.54 | 2.21 | 2.86 | 14.64 | 15.01 | 51.99 | 51.07 |
2002-03 | 20.70 | 20.13 | 17.26 | 16.72 | 26.17 | 27.39 | 2.69 | 2.98 | 14.87 | 15.44 | 53.13 | 52.48 |
2003-04 | 20.74 | 20.33 | 17.49 | 17.16 | 26.01 | 27.22 | 2.44 | 2.84 | 14.90 | 15.21 | 53.25 | 52.44 |
2004-05 | 19.03 | 19.03 | 16.04 | 16.04 | 27.93 | 27.93 | 2.86 | 2.86 | 15.25 | 15.25 | 53.05 | 53.05 |
2005-06 | 18.81 | 18.27 | 15.83 | 15.46 | 28.13 | 27.99 | 2.79 | 2.65 | 15.39 | 15.34 | 53.06 | 53.74 |
2006-07 | 18.29 | 17.37 | 15.30 | 14.69 | 28.84 | 28.65 | 2.70 | 2.60 | 16.06 | 16.00 | 52.87 | 53.98 |
2007-08 | 18.26 | 16.81 | 15.63 | 14.29 | 29.03 | 28.74 | 2.72 | 2.46 | 15.99 | 16.14 | 52.71 | 54.45 |
2008-09 | 17.78 | 15.77 | 15.21 | 13.36 | 28.29 | 28.13 | 2.64 | 2.36 | 15.43 | 15.78 | 53.93 | 56.11 |
2009-10 | 17.74 | 14.64 | 15.20 | 12.35 | 27.76 | 28.27 | 2.61 | 2.30 | 15.10 | 16.17 | 54.50 | 57.09 |
2010-11 | 18.21 | 14.59 | 15.78 | 12.42 | 27.16 | 27.92 | 2.83 | 2.25 | 14.80 | 16.17 | 54.64 | 57.48 |
2011-12 | 17.86 | 14.37 | 15.50 | 12.26 | 27.22 | 28.22 | 2.65 | 2.11 | 14.73 | 16.28 | 54.91 | 57.42 |
2012-13 | 17.52 | 13.95 | 15.10 | 11.85 | 26.21 | 27.27 | 2.37 | 1.98 | 14.07 | 15.76 | 56.27 | 58.79 |
2013-14 | 18.20 | 13.94 | 15.79 | 11.87 | 24.77 | 26.13 | 2.13 | 1.86 | 12.89 | 14.94 | 57.03 | 59.93 |