India: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.74 percent as of Q3 2023, a decline compared to the previous value of 1.89 percent. Historically, the average for India from Q3 1996 to Q3 2023 is 1.62 percent. The minimum of -22.55 percent was recorded in Q2 2020, while the maximum of 22.56 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Organization for Economic Cooperation and Development (OECD)
| Recent values | India: Economic growth, quarterly |
|---|---|
| 2023 Q3 | 1.74 |
| 2023 Q2 | 1.89 |
| 2023 Q1 | 2.08 |
| 2022 Q4 | 1.14 |
| 2022 Q3 | 1.98 |
| 2022 Q2 | 0.95 |
| 2022 Q1 | 0.49 |
| 2021 Q4 | 1.98 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 8.15 | 2023 | percent |
| GDP, constant dollars | 3,199.1 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 3,567.55 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 2,480.79 | 2023 | U.S. dollars |
| GDP per capita, PPP | 9,160 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 2,239.25 | 2023 | U.S. dollars |
| Economic growth, quarterly | 7.38 | Q1/2025 | percent |
| Economic growth Q-on-Q | 1.74 | Q3/2023 | percent |
| Gross Domestic Product (GDP) | 88,175.34 | Q1/2025 | billion |