Annual Report


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Document - Growth Rates and Composition of Real Gross Domestic Product (At 2022-23 prices) () or PDF - Growth Rates and Composition of Real Gross Domestic Product (At 2022-23 prices) ()
Date : May 29, 2026
Growth Rates and Composition of Real Gross Domestic Product (At 2022-23 prices)
(Per cent)
Item Growth Rate Share
Average 2018-19 to 2022-23 2023-24 2024-25 2025-26* 2023-24 2024-25 2025-26*
1 2 3 4 5 6 7 8
GDP at Market Prices (Expenditure Side)
1. Private Final Consumption Expenditure 5.2 5.8 5.8 7.7 56.4 55.7 55.7
2. Government Final Consumption Expenditure 2.8 0.6 6.5 6.6 10.4 10.3 10.2
3. Gross Fixed Capital Formation 6.2 7.3 6.4 7.1 32.4 32.2 32.0
4. Change in Stocks 88.4 116.9 1.7 10.4 1.3 1.3 1.3
5. Valuables 4.3 -9.3 1.9 -15.8 1.2 1.1 0.9
6. Net Exports 21.1 17.0 8.6 -5.6 -2.0 -1.7 -1.7
a) Exports 8.3 0.7 6.6 6.5 22.6 22.5 22.2
b) Less Imports 5.3 -1.0 5.3 6.4 24.6 24.2 23.9
7. Discrepancies -66.2 - 229.8 41.1 0.4 1.2 1.5
8. GDP 4.4 7.2 7.1 7.6 100.0 100.0 100.0
GVA at Basic Prices (Supply Side)
1. Agriculture, Livestock, Forestry and Fishing 4.6 2.6 4.2 2.4 19.2 18.6 17.7
2. Industry 2.6 11.3 8.7 9.5 20.0 20.3 20.6
of which:              
a) Mining and Quarrying -0.5 2.4 11.7 4.1 2.0 2.1 2.0
b) Manufacturing 2.7 12.7 9.3 11.5 15.4 15.7 16.2
c) Electricity, Gas, Water Supply and Other Utility Services 5.4 10.7 2.9 1.5 2.6 2.5 2.3
3. Services 5.1 7.4 7.8 8.7 60.8 61.1 61.7
of which:              
a) Construction 6.5 9.9 7.3 7.1 9.1 9.1 9.0
b) Trade, Hotels, Transport, Communication and Services Related to Broadcasting, Storage 4.1 10.1 6.6 10.1 14.1 14.0 14.3
c) Financial, Real Estate, IT, Professional Services and Ownership of Dwellings 6.4 5.5 10.0 9.9 24.9 25.5 26.1
d) Public Administration, Defence and Other Services 4.1 6.8 5.0 5.8 12.7 12.5 12.2
4. GVA at Basic Prices 4.4 7.2 7.3 7.7 100.0 100.0 100.0
*: Second advance estimates of national income for 2025-26. -: Not Applicable.
Note: Data for average growth rates from 2018-19 to 2022-23 are based on GDP base year of 2011-12.
Sources: NSO and RBI staff estimates.

 

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