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India real GDPIndia real GDPIndia real GDP

India real GDP

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INGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪47.24 T‬ INR on Mar 31, 2024
Lowest
‪7.50 T‬ INR on Jun 30, 2004

About India real GDP


Category
GDP
Source
Ministry of Statistics and Programme Implementation (MOSPI)
Frequency
Quarterly
Units
INR

Related indicators


INFYGDPG
Full Year GDP Growth
INGDP
GDP
INGDPA
GDP From Agriculture
INGDPC
GDP From Construction
INGDPMAN
GDP From Manufacturing
INGDPMIN
GDP From Mining
INGDPPA
GDP From Public Administration
INGDPPC
GDP Per Capita
INGDPPCP
GDP Per Capita PPP
INGDPQQ
GDP Growth Rate
INGDPU
GDP From Utilities
INGDPYY
GDP Growth
INGFCF
Gross Fixed Capital Formation
INGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter India real GDP was 43.64 T INR, and the quarter before that it reached 47.24 T INR.