Real GDP growth
Published
Figures from MoSPI, the government’s statistics office, each labelled with how settled it is and the base year it uses.
Update may be due
A newer official release may be out. The numbers shown are still the latest we have checked. Last successful check: 9 Oct 2026.
Check source healthHow fast did India’s economy grow each financial year, after removing price changes?
Latest figure
7.7%The economy grew 7.7% in FY 2025–26, after removing price changes (provisional estimate, 2022–23 base). Up from 7.2% the year before.
7.4% (first advance estimate, 7 Jan 2026)
Why are there two lines?
In February 2026 MoSPI started measuring the economy with a newer method, using 2022–23 as its base year. Some years are published both ways. The two figures come from different methods, not a correction, so they are never compared or joined.
From MoSPI’s “Press Note on Provisional Estimates of Annual GDP for 2025-26 and Quarterly Estimates of GDP for Q4 2025-26”, published 5 Jun 2026.
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Shows who was in office, not who caused a change.
FY 2025–26 · Real GDP growth. 2011–12 base: 7.4% (First Advance Estimates (FAE), constant 2011–12 prices); 0.9 percentage points higher than FY 2024–25 on the same base; Published. 2022–23 base: 7.7% (Provisional Estimates (PE), constant 2022–23 prices); 0.5 percentage points higher than FY 2024–25 on the same base; Published. The two base years are separate methodology versions; the difference between them is not a revision.
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Selected period: FY 2025–26- 2011–12 base · FY 2012–13 to FY 2025–26 · superseded 27 Feb 2026
- 2022–23 base · FY 2023–24 to FY 2025–26
- Base-year break at FY 2023–24: the series are not joined
Annual, financial year (April–March). One line per base year. The newer 2022–23 base starts at FY 2023–24 and is drawn as its own line; the two are never joined. MoSPI plans to republish older years on the new base by December 2026.
In plain words
What it means
Real GDP growth is how much more the economy produced in a financial year than in the year before, after removing the effect of rising prices. It is the most common single measure of how fast the economy is growing.
MoSPI, the government’s statistics office, estimates each year several times as more data arrives: advance estimates in January and February, a provisional estimate in May or June, then revised and final estimates in later years. Every estimate is kept here, so you can see a figure change — for example, FY 2023–24 on the 2011–12 base went from 7.3% (first advance estimate) to 9.2% (first revised estimate).
On 27 February 2026 MoSPI switched to a newer method with 2022–23 as its base year. Years published both ways give different figures (FY 2023–24: 9.2% on the old base, 7.2% and later 7.3% on the new one) because the method changed, not because a mistake was corrected. Both are shown, each labelled, and no change is measured across the switch.
What this number is not
- Not comparable across the change of base year: the 2011–12 and 2022–23 figures use different methods, and MoSPI has not yet republished the older years on the new method.
- Not a measure of household income, wages or living standards: it measures the total output of the economy.
- Not adjusted for population: per-capita income is the companion number for that.
- Not final until MoSPI says so: early estimates are revised in later releases, and every revision is kept here.
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Growth and borrowing
How fast India's economy has grown each year after inflation, beside how much the Union government borrows to cover the gap between its spending and income.
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Sources
Where this comes from
Published
MoSPI publishes these figures in press notes and its yearly National Accounts Statistics. It estimates each year several times as more data arrives; every release below is kept exactly as printed, so a later estimate appears as a new release rather than replacing the earlier one, and a change of base year starts a new line.
How we check the numbers →- Base year
- 2022–23 base
- Main figure
- Revised Estimates (RE) for FY 2024–25
- Published
- 31 Aug 2026
- Where in the file
- Retained official artifact nas-2026/statement-1.1-key-aggregates.xlsx (manifest mospi-nas-retained-source/v1, captured 2026-09-19); each observation names its statement row, PDF page or worksheet cell.
Technical details
Data points: 17
Selected year’s location in the file: Statement 1 row 3, % change 2025-26, pdf page 12
Base years: 2011–12, 2022–23 · break at FY 2023–24
Data fingerprint: bdf0eac83ef721c1
Revised figures kept: 7
Locator: Retained official artifact nas-2026/statement-1.1-key-aggregates.xlsx (manifest mospi-nas-retained-source/v1, captured 2026-09-19); each observation names its statement row, PDF page or worksheet cell.
Latest release file: https://www.mospi.gov.in/uploads/publications_reports/NAS-2026-Statements/1.1.xlsx
SHA-256: 55164fe36bcd12bb3debb840d3f5c6f1ed0c9e8ec6fcaa549707ffc4f4e78309
- Base year
- 2022–23 base
- Main figure
- Provisional Estimates (PE) for FY 2025–26
- Published
- 5 Jun 2026
- Where in the file
- Retained official artifact press-notes/2026-06-05-pe-2025-26.pdf (manifest mospi-nas-retained-source/v1, captured 2026-09-19); each observation names its statement row, PDF page or worksheet cell.
Show all 3 official releasesEvery official release used here
- Base year
- 2011–12 base
- Main figure
- First Advance Estimates (FAE) for FY 2025–26
- Published
- 7 Jan 2026
- Where in the file
- Retained official artifact revision-triangle/2026-01-07-revision-triangle-gdp-annual-2011-12-series.xlsx (manifest mospi-nas-retained-source/v1, captured 2026-09-19); each observation names its statement row, PDF page or worksheet cell.
Data table
Every financial year, every base
Exact figures. Each row names its base year and estimate stage; the two bases are never combined.
Show all 17 financial-year readingsEvery value, as published
| Financial year | Base year | Value | Estimate stage | Published |
|---|---|---|---|---|
| FY 2025–26 | 2022–23 | 7.7% | Provisional Estimates (PE) | 5 Jun 2026 |
| FY 2025–26 | 2011–12 | 7.4% | First Advance Estimates (FAE) | 7 Jan 2026 |
| FY 2024–25 | 2022–23 | 7.2% | Revised Estimates (RE) | 31 Aug 2026 |
| FY 2024–25 | 2011–12 | 6.5% | Provisional Estimates (PE) | 7 Jan 2026 |
| FY 2023–24 | 2022–23 | 7.3% | Revised Estimates (RE) | 31 Aug 2026 |
| FY 2023–24 | 2011–12 | 9.2% | First Revised Estimates (FRE) | 7 Jan 2026 |
| FY 2022–23 | 2011–12 | 7.6% | Second Revised Estimates (Final) (SRE) | 7 Jan 2026 |
| FY 2021–22 | 2011–12 | 9.7% | Second Revised Estimates (Final) (SRE) | 7 Jan 2026 |
| FY 2020–21 | 2011–12 | -5.8% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2019–20 | 2011–12 | 3.9% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2018–19 | 2011–12 | 6.5% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2017–18 | 2011–12 | 6.8% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2016–17 | 2011–12 | 8.3% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2015–16 | 2011–12 | 8% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2014–15 | 2011–12 | 7.4% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2013–14 | 2011–12 | 6.4% | Third Revised Estimates (TRE) | 7 Jan 2026 |
| FY 2012–13 | 2011–12 | 5.5% | Third Revised Estimates (TRE) | 7 Jan 2026 |