Name: India Fiscal Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

The Indian economy expanded 8.7% in the 2021-2022 fiscal year, rebounding from a 6.6% contraction in the 2020-2021 year. source: Ministry of Statistics and Programme Implementation (MOSPI)

Full Year GDP Growth in India averaged 6.06 percent from 2006 until 2022, reaching an all time high of 8.70 percent in 2022 and a record low of -6.60 percent in 2021.. This page includes a chart with historical data for India Full Year GDP Growth. India Fiscal Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.

Full Year GDP Growth in India is expected to reach 6.80 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Fiscal Year GDP Growth is projected to trend around 5.90 percent in 2023 and 5.50 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Growth Rate	-1.40	-1.40	percent	Jun 2022
GDP Annual Growth Rate	13.50	4.10	percent	Jun 2022
GDP	3173.40	2667.69	USD Billion	Dec 2021

India Fiscal Year 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.