Provisional Estimates of Annual Gross Domestic Product For 2025-26

The Ministry of Statistics and Programme Implementation (MoSPI) released the Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) for the Financial Year (2025-26).

• Q4 FY 2025–26 GDP and Expenditure Estimates: The Ministry has also released Quarterly Estimates of GDP for the Fourth Quarter (Q4, January-March) of FY 2025-26 along with its Expenditure components both at Constant (2022-23) and Current prices.

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Key Highlights of India’s GDP Performance (FY 2025–26)

• Strong Economic Growth: Real GDP grew by 7.7% in FY 2025–26.
  • Nominal GDP expanded by 8.9%.
• Healthy Expansion in Economic Activity (GVA): Real GVA increased by 7.9% whereas, the Nominal GVA grew by 9.1%.
• Services and Industry led Growth
  • Tertiary (Services) Sector: Grew by 9.3%, emerging as the largest growth driver.
  • Secondary (Industry) Sector: Expanded by 8.8%, supported by manufacturing and construction.
  • Primary Sector: Recorded 3.2% growth, driven mainly by agriculture and fisheries.
• High-Growth Sectors: The following sectors registered double-digit growth: Manufacturing, Trade, Repair, Hotels, Transport, Communication & Broadcasting-related Services, Financial, Real Estate & Professional Services
• Strong Consumption and Investment Demand: Private Final Consumption Expenditure (PFCE) grew by more than 7.5%, indicating robust consumer demand.
  • Gross Fixed Capital Formation (GFCF) grew by more than 7.5%, reflecting strong investment activity.

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Q4 (January–March 2026) Performance

• Growth Momentum Sustained: Real GDP grew by 7.8% and the Nominal GDP increased by 9.1%.
• GVA Growth Remained Robust: Real GVA: 7.9% and the Nominal GVA: 9.9%
• Industry and Services Continued to Drive Growth: Secondary and Tertiary sectors remained the key contributors to economic expansion during the quarter.
• Investment Outpaced Consumption: 
  • GFCF: Grew by 10.8%, indicating strong capital formation.
  • PFCE: Increased by 7.1%, reflecting healthy consumer spending.

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