Growth Rates and Composition of Real Gross Domestic Product (At 2011-12 prices)

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Published on 29 May 2025

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(Per cent)
Sector	Growth Rate				Share
Sector	Average 2017-18 to 2024-25	2022-23	2023-24	2024-25*	2022-23	2023-24	2024-25*
1	2	3	4	5	6	7	8
GDP at Market Prices (Expenditure Side)
1. Private Final Consumption Expenditure	5.7	7.5	5.6	7.6	58.1	56.1	56.7
2. Government Final Consumption Expenditure	4.8	4.3	8.1	3.8	9.6	9.5	9.2
3. Gross Fixed Capital Formation	6.7	8.4	8.8	6.1	33.6	33.5	33.4
4. Change in Stocks	71.0	24.3	53.4	4.3	1.2	1.7	1.7
5. Valuables	9.6	-16.9	14.4	1.0	1.5	1.5	1.4
6. Net Exports	-60.0	22.6	-384.8	56.9	-0.7	-3.2	-1.3
a) Exports	6.9	10.3	2.2	7.1	23.2	21.7	21.8
b) Less Imports	7.1	8.9	13.8	-1.1	23.9	24.9	23.1
7. Discrepancies	13.5	-4.3	128.7	250.5	-3.2	0.8	-1.2
8. GDP	5.5	7.6	9.2	6.5	100.0	100.0	100.0
GVA at Basic Prices (Supply Side)
1. Agriculture, Forestry and Fishing	4.6	6.3	2.7	4.6	15.5	14.7	14.4
2. Industry	4.3	0.0	11.0	4.3	21.4	21.9	21.5
of which:
a) Mining and Quarrying	-0.3	3.4	3.2	2.8	2.1	2.0	2.0
b) Manufacturing	4.7	-1.7	12.3	4.3	16.9	17.5	17.2
c) Electricity, Gas, Water Supply and Other Utility Services	6.5	10.8	8.6	6.0	2.4	2.4	2.4
3. Services	6.1	10.2	9.2	7.5	63.1	63.4	64.1
of which:
a) Construction	7.1	9.1	10.4	8.6	8.8	8.9	9.1
b) Trade, Hotels, Transport, Communication and Services Related to Broadcasting	5.6	12.3	7.5	6.4	18.7	18.5	18.5
c) Financial, Real Estate and Professional Services	6.4	10.8	10.3	7.2	23.3	23.6	23.8
d) Public Administration, Defence and Other Services	5.8	6.7	8.8	8.8	12.3	12.4	12.7
4. GVA at Basic Prices	5.4	7.2	8.6	6.4	100.0	100.0	100.0
*: Second advance estimates of national income for 2024-25. Source: NSO and RBI staff estimates.