India · GDP (MoSPI National Accounts)

India's GDP is ₹346.4 lakh cr , growing +7.7% in real terms

2025-26, Provisional Estimates, base 2022-23. The official measure of India's output — nominal (current prices) versus inflation-adjusted (constant prices) — from the Ministry of Statistics.

India · quarterly GDP momentum

Real GDP Q4 2025-26 +7.8%

Quarterly GDP at constant (2022-23) prices, last 10 quarters. Latest quarter grew +7.8% on the same quarter a year earlier.

India · GVA by industry

What India's output is made of

Gross Value Added by industry, 2025-26, current prices — each industry's share of total GVA (₹313.6 lakh cr).

• Financial, Real Estate & Professional Services 27.0% · ₹84.8 lakh cr
• Agriculture, Livestock, Forestry and Fishing 18.1% · ₹56.7 lakh cr
• Manufacturing 14.8% · ₹46.5 lakh cr
• Trade, Hotels, Transport, Communication & Services Related to Broadcasting 14.2% · ₹44.6 lakh cr
• Public Administration, Defence & Other Services 13.1% · ₹41.1 lakh cr
• Construction 8.4% · ₹26.5 lakh cr
• Electricity, Gas, Water Supply & Other Utility Services 2.6% · ₹8.2 lakh cr
• Mining and Quarrying 1.9% · ₹5.9 lakh cr

India · GDP by expenditure

Who spends in the economy

GDP decomposed by demand, 2025-26, current prices. Consumption, investment, government and net trade — the C + I + G + (X − M) identity. GDP ₹346.4 lakh cr.

• Private consumption (PFCE) ₹196.5 lakh cr · 57% of GDP
• Investment (GFCF) ₹100.6 lakh cr · 29% of GDP
• Govt consumption (GFCE) ₹36.9 lakh cr · 11% of GDP
• Exports ₹76.7 lakh cr · 22% of GDP
• Imports (less) ₹84.4 lakh cr · 24% of GDP

India · from GVA to GDP

GVA plus net product taxes makes GDP

GDP at market prices is GVA at basic prices plus taxes on products net of subsidies. 2025-26, current prices — GDP ₹346.4 lakh cr.

• Gross Value Added (at basic prices) 90.9% · ₹314.9 lakh cr
• + Net taxes on products 9.1% · ₹31.5 lakh cr

India · the inflation wedge

Nominal growth, minus prices, is real growth

The gap between nominal and real GDP growth is the GDP deflator — the broadest measure of economy-wide inflation. 2025-26, base 2022-23 (deflator = 100 in the base year).

India · how the GDP number moves

The same year, revised

MoSPI publishes each year's GDP several times — First Advance, then Provisional, then Revised, then Final — as more data arrives. Here is 2025-26 (constant prices) , which has moved +0.2% so far.

• Second Advance Estimates ₹322.6 lakh cr
• Provisional Estimates ₹323.1 lakh cr

India · who saves

Where India's savings come from

Gross saving by institutional sector, 2024-25, current prices — share of ₹111.1 lakh cr.

• Households Including NPISH 62.1% · ₹69.0 lakh cr
• Private Non-Financial Corporations 24.6% · ₹27.3 lakh cr
• Public Financial Corporations 5.3% · ₹5.9 lakh cr
• Private Financial Corporations 4.7% · ₹5.2 lakh cr
• Public Non-Financial Corporations 4.2% · ₹4.7 lakh cr
• General Government -0.9% · ₹-1.0 lakh cr

India · who invests

Where India's investment comes from

Gross fixed capital formation by institutional sector, 2024-25, current prices — share of ₹100.6 lakh cr.

• Household Sector 43.3% · ₹43.5 lakh cr
• Private Non-Financial Corporations 30.9% · ₹31.1 lakh cr
• General Government 13.4% · ₹13.5 lakh cr
• Public Non-Financial Corporations 10.7% · ₹10.8 lakh cr
• Private Financial Corporations 1.3% · ₹1.3 lakh cr
• Public Financial Corporations 0.4% · ₹0.4 lakh cr

India · two rulers for one economy

The base-year gap

Nominal GDP on the old 2011-12 series (to 2011) and the new 2022-23 series (from 2022) — they're not directly comparable across the rebasing.

India · cross-country context (World Bank)

In PPP terms, India's economy is $16.19 tn

World Bank cross-country ratios that complement the MoSPI national-accounts panels above — purchasing-power scale, income per person, the sector mix and the fiscal position, latest available year 2024.

• Agriculture 16.3% of GDP
• Industry 24.6% of GDP
• Services 49.9% of GDP