India GDP growthIndia GDP growthIndia GDP growth

India GDP growth

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Key data points


Last release
Observation period
2024
Next release
Forecast
Highest
9.70% on Mar 31, 2022
Lowest
−5.80% on Mar 31, 2021

About India GDP growth


The most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.