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India's real GDP grows 6.5% in FY25: Provisional official estimates

31 May '25
2 min read
 India's real GDP grows 6.5% in FY25: Provisional official estimates
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Insights

  • India's real GDP grew by an estimated 6.5 per cent in FY25 to reach $2.197 trillion, according to provisional official estimates.
  • Nominal GDP grew at 9.8 per cent in the last fiscal to reach $3.864 trillion.
  • Real gross value added (GVA) was an estimated ₹171.87 trillion in FY25—a growth of 6.4 per cent.
  • Nominal GVA was an estimated ₹300.22 trillion during the fiscal—a growth of 9.5 per cent.
India’s real gross domestic product (GDP), or GDP at constant prices, grew by an estimated 6.5 per cent in fiscal 2024-25 (FY25) to reach ₹187.97 trillion ($2.197 trillion), according to provisional estimates released yesterday by the National Statistics Office (NSO).

Nominal GDP grew at 9.8 per cent in the last fiscal to reach ₹330.68 trillion ($3.864 trillion).

In the fourth quarter (Q4) of FY25, real GDP and nominal GDP grew by an estimated 7.4 per cent and 10.8 per cent respectively.

The primary sector saw a 4.4-per cent growth rate in the last fiscal compared to a growth rate of 2.7 per cent in the preceding fiscal. During Q4 FY25, this sector saw a 5-per cent growth rate compared to a rate of 0.8 per cent in the corresponding quarter of the preceding fiscal.

Private final consumption expenditure (PFCE) saw a 7.2-per cent growth rate during FY25 compared to a 5.6 per-cent growth rate in the preceding fiscal.

Gross fixed capital formation witnessed a growth rate of 7.1-per cent during the fiscal and 9.4 per cent in Q4 FY25, an official release said.

Real gross value added (GVA) was an estimated ₹171.87 trillion in FY25, registering a growth rate of 6.4 per cent. Nominal GVA was an estimated ₹300.22 trillion during the fiscal—a growth of 9.5 per cent.

Real GVA in Q4 FY25 was estimated at ₹45.76 trillion—a growth of 6.8 per cent. Nominal GVA in Q4 of FY 2024-25 was an estimated ₹79.46 trillion—a growth of 9.6 per cent.

ALCHEMPro News Desk (DS)

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