The statistic shows the growth rate of the real gross domestic product (GDP) in India from 2010 to 2024. In 2018, India's GDP growth was at about 7 percent compared to the previous year. The Gross Domestic Product (GDP) in India was worth 2263.52 billion US dollars in 2016. The GDP value of India represents 3.65 percent of the world economy. GDP in India averaged 509.73 USD Billion from 1960 until 2016, reaching an all time high of 2263.52 USD Billion in 2016 and a record low of 36.54 USD Billion in 1960. India has a high national debt with 68% of GDP, while its fiscal deficit remained at 3.4% of GDP. However, as per 2019 CAG report, the actual fiscal deficit is 5.85% of GDP. GDP figures to be announced today, growth could touch 10-year low. India's economic growth appears to have hit a four-year low in the January-March quarter and GDP figures are likely to be around the five per cent mark. This is in contrast to real GDP which does factor in inflation or the overall rise in of price levels. Economists generally prefer using real GDP as a way to compare a country's economic growth rate.
The GDP growth rate for the first quarter of 2019-20 settled at 5 per cent, a six-year low. The slowdown in economic growth has taken away from India the tag of world's fastest growing major economy to China. India's growth rates in the Q4 2018-19 and Q1 2019-20 were slower than that of China, which is a much bigger economy.
Sep 23, 2019 In the first quarter of current fiscal year 2019, the GDP growth rate of Indian The Gross Domestic Product (GDP) of the Indian economy in the first Now the farmers suicide rate is around 12.9 suicides per 100,000 in India. GDP Annual Growth Rate in India is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in India to stand at 6.00 in 12 months time. In line with expectations, India's GDP growth rate bottomed out during the third quarter of the current fiscal and inched up to 4.7 per cent from 4.5 per cent reported for the previous quarter. India’s GDP growth in full FY19 had stood at 6.8 per cent.India's Q3 FY20 GDP growth inches up at 4.7% vs 4.5% in previous quarter Looking forward, we estimate GDP Growth Rate in India to stand at 1.30 in 12 months time. In the long-term, the India GDP Growth Rate is projected to trend around 1.10 percent in 2021, according to our econometric models. The GDP growth rate for the first quarter of 2019-20 settled at 5 per cent, a six-year low. The slowdown in economic growth has taken away from India the tag of world's fastest growing major economy to China. India's growth rates in the Q4 2018-19 and Q1 2019-20 were slower than that of China, which is a much bigger economy.
Nov 29, 2019 India's growth rate is at its lowest in six years - and economists expect it to fall further.
Looking forward, we estimate GDP Growth Rate in India to stand at 1.30 in 12 months time. In the long-term, the India GDP Growth Rate is projected to trend around 1.10 percent in 2021, according to our econometric models. The GDP growth rate for the first quarter of 2019-20 settled at 5 per cent, a six-year low. The slowdown in economic growth has taken away from India the tag of world's fastest growing major economy to China. India's growth rates in the Q4 2018-19 and Q1 2019-20 were slower than that of China, which is a much bigger economy.
Sector-wise Growth of Gross Value Added (GVA) at Constant Basic Prices and GDP at Constant Market Prices (Percent) from 2016-17 to 2018-19 (From
GDP figures to be announced today, growth could touch 10-year low. India's economic growth appears to have hit a four-year low in the January-March quarter and GDP figures are likely to be around the five per cent mark.
The Gross Domestic Product (GDP) in India was worth 2263.52 billion US dollars in 2016. The GDP value of India represents 3.65 percent of the world economy. GDP in India averaged 509.73 USD Billion from 1960 until 2016, reaching an all time high of 2263.52 USD Billion in 2016 and a record low of 36.54 USD Billion in 1960.
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