GDP vs GVA
Measurement Framework and Compiling Authority
Gross Domestic Product (GDP) measures the total value of goods and services produced within a country's borders, including net taxes on products, while Gross Value Added (GVA) measures output at basic prices, excluding taxes and including subsidies. The relationship is GDP = GVA + Taxes on products − Subsidies on products.
- Both GDP and GVA estimates are compiled and released quarterly by the National Statistical Office (NSO), an office of the Ministry of Statistics and Programme Implementation (MoSPI)
- GVA is broken down sector-wise into agriculture, industry, and services (further sub-divided into eight broad categories such as manufacturing, construction, trade-hotels-transport, and public administration)
- India adopted GVA as the headline measure of sectoral performance from the 2015 base-year revision (2011-12 series) onward, alongside GDP for the aggregate economy measure
- Quarterly estimates are provisional and subject to revision as more comprehensive annual data becomes available
● Tracked since August 25, 2026 · last seen September 08, 2026 · updates as the daily brief publishes
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