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Quarterly GDP growth of India

Source Ministry of Statistics and Programme Implementation : 2011-21, 2021-222
Date04 Sep 2021
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  • See Also:
  • » GDP Growth of India
  • » GDP of India
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  • » Sector-wise GDP Growth of India
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GDP at constant (2011-12) prices in Q1 of 2021-22 is estimated at 32.38 lakh crore INR, showing a best-ever quarterly GDP growth rate of 20.13 percent over the corresponding quarter of the previous year. GDP growth rate was -24.43% in the year-earlier quarter and 1.64% in the preceding one. GDP growth rate Q1 of FY22 is -9.22% over the Q1 of FY20 when the growth rate was lowest ever.

Since 2012-13, India attained growth above 9 percent in Q2 of 2016-17 and Q4 of FY16.

Quarterly GVA at Basic Price at Constant (2011-12) Prices for 2020-21 (Q4) is estimated at 30.48 lakh crore, showing a growth of 18.77 percent over the corresponding quarter of the previous year.

GVA growth rates of Agriculture & allied, Industry and Services sector are 4.52%, 46.15%, and 11.42%, respectively. The 'Construction' has registered the highest growth rate of 68.33% percent in Q1 of 2021-22 over Q1 of 2020-21. On the other hand, the 'Financial, real estate & prof servs' sector has seen the lowest growth rate of 3.69 percent, followed by 'Agriculture, forestry & fishing' (4.52 percent).

Nominal GDP growth, a measure of GDP without adjusting for inflation, stands at 31.73% in Q1 of 2021-22. The lowest quarterly nominal growth rate of -22.29% was recorded in FY21 (Q1).

YearGDP growth at 2011-12 prices GDP growth at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2021-22 20.13---20.1331.73---31.73
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
2017-186.115.326.678.936.8010.1410.7411.9811.2011.03
2018-197.566.496.335.846.5313.8911.9312.184.7110.51
2019-205.394.613.283.014.049.616.236.488.767.75
2020-21-24.43-7.440.461.64-7.25-22.29-4.395.258.72-2.97
YearGDP (crore INR) at 2011-12 prices GDP (crore INR) at current prices
Q1Q2Q3Q4Total Q1Q2Q3Q4Total
2021-22 3,238,020---3,238,0205,122,877---5,122,877
2011-122,102,8632,042,8702,225,1352,365,4618,736,3292,043,4962,029,4692,244,8522,418,5118,736,329
2012-132,205,2232,195,9462,344,7672,467,0829,213,0172,313,2032,356,9532,548,3782,725,4799,944,013
2013-142,347,3962,357,0792,497,9972,598,8989,801,3702,565,3742,686,2032,921,0703,060,87411,233,522
2014-152,535,7512,562,2422,645,9472,783,73310,527,6742,914,3933,053,9823,184,9173,314,66712,467,959
2015-162,728,2792,768,0872,836,3873,036,73811,369,4933,243,5433,355,8843,476,6323,695,81413,771,874
2016-172,965,0883,035,7563,079,6223,227,72812,308,1933,639,7753,754,1173,875,0074,122,77115,391,669
2017-183,146,3363,197,1953,284,9923,516,05813,144,5824,008,9164,157,2464,339,1944,584,68617,090,042
2018-193,384,1413,404,7203,492,9733,721,48214,003,3164,565,5934,653,1784,867,6984,800,48818,886,957
2019-203,566,7083,561,5303,607,6303,833,40114,569,2685,004,2094,942,9405,182,9975,220,86720,351,013
2020-212,695,4213,296,7183,624,2663,896,33513,512,7403,888,8244,726,0165,454,9215,675,90919,745,670
Sector Growth (2020-21) at 2011-12 prices Growth (2020-21) at current prices
Q1Q2Q3Q4 Q1Q2Q3Q4
1Agriculture Sector4.52---11.12---
1.1Agriculture,forestry & fishing4.52---11.12---
2Industry Sector46.15---65.92---
2.1Mining & quarrying18.58---66.37---
2.2Manufacturing49.63---65.68---
2.3Electricity, gas, water supply & other utility services14.26---17.16---
2.4Construction68.33---97.96---
3Services Sector11.42---17.71---
3.1Trade, hotels, transport, communication and services related to broadcasting34.32---43.75---
3.2Financial, real estate & prof servs3.69---10.61---
3.3Public Administration, defence and other services5.81---10.75---
GVA at basic prices 18.77- -- 26.48- --
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