India's GDP Growth
Sources and Composition
India's GDP is measured by the Central Statistics Office (CSO) under the Ministry of Statistics and Programme Implementation (MoSPI). GDP at market prices (expenditure approach) = Private Consumption + Government Expenditure + Gross Fixed Capital Formation + Change in Inventories + Net Exports. India's FY2026 GDP growth of 6.7–6.8% is primarily driven by private consumption (~57% of GDP) and gross fixed capital formation (~32% of GDP). The manufacturing and services sectors are expanding, though agriculture remains subject to monsoon variability.
- GDP base year: 2011-12 (CSO compiles GDP; revision to 2022-23 under consideration)
- India's GDP (FY2025-26 estimate): ~$3.7–3.8 trillion (nominal); world's 5th largest economy
- Growth composition: private consumption (~57% of GDP), investment/GFCF (~32%), net exports (typically negative for India)
- GDP growth projections (FY2026): RBI 6.7-6.8%; IMF 6.5%; World Bank 6.7%
- High-frequency proxy indicators used by RBI: PMI, GST collections, e-way bills, power demand, credit growth
● Tracked since February 20, 2026 · last seen April 17, 2026 · updates as the daily brief publishes
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