How GDP growth is actually measured
Source: Ministry of Statistics (MoSPI) · Last updated June 2026
GDP Growth (FY26)
7.7%
Previous year
7.1%
India’s Real GDP growth for FY 2025-26 is estimated at 7.7%, up from 7.1% in the previous fiscal year, according to the National Statistical Office (NSO). This makes India the fastest-growing major economy for the fourth consecutive year.
How is GDP calculated?
- Production method: Adding up the value of everything produced (GVA)
- Expenditure method: Adding up everything spent
What drives India’s GDP growth
According to the Economic Survey 2025-26, the sectoral composition of India’s economy is:
- Services: 51.1% of GDP
- Industry: 24.3% of GDP
- Agriculture: 15.2% of GDP
📊 Key insight: The secondary and tertiary sectors were the main drivers of growth in FY26, registering growth of 8.8% and 9.3% respectively. Manufacturing and financial services both achieved double-digit growth.
What GDP growth means for you
- Jobs: Higher growth usually means more jobs
- Wages: Companies earn more and can pay more
- Investments: Your investments grow with the economy
Source
Ministry of Statistics and Programme Implementation (MoSPI), National Accounts Statistics. Figures reflect provisional estimates for FY 2025-26, as released in May 2026.