Economy & Growth
How fast is India's economy growing? Track GDP and GVA growth from official quarterly estimates.
GDP Growth Rate
Quarterly real GDP growth (at constant prices). This measures how fast the overall economy is expanding compared to the same quarter last year.
GVA Growth Rate
Quarterly Gross Value Added growth (at constant prices). GVA measures the value created by each sector of the economy after subtracting input costs.
GDP vs GVA — what's the difference?
GDP (Gross Domestic Product) measures everything the country produces from the spending side — consumption, investment, government spending, and net exports. GVA (Gross Value Added) looks at the same economy from the production side — how much value each sector (agriculture, manufacturing, services) adds after subtracting raw material costs. The gap between them is net taxes on products. Both numbers tell you the economy is growing, but GVA gives a clearer picture of which sectors are driving it.