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

(Per cent)
Sector Growth Rate Share
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.

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