GDP growth (annual) · India
India GDP Growth Rate YoY
The India GDP Growth Rate YoY measures how much the economy of India grew compared with the same period a year earlier.
- Importance
- Medium
- Released
- Quarterly
- Next release
- Currency
- INR · Indian rupee
- Central bank
- The Reserve Bank of India
Latest figures
The latest release for Q2, published on 31 August 2026, came in at 7.8%, above the consensus of 7.1%, unchanged from 7.8% the time before.
A stronger figure than expected points to a healthier economy: it usually supports the Indian rupee and local stocks, and can push bond yields up.
Over the last 7 releases it ranged from 6.2% to 8.2%, averaging 7.6%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 31 Aug 2026 | Q2 | 7.8% | 7.1% | 7.8% |
| 5 Jun 2026 | Q1 | 7.8% | 7.2% | 8% ® |
| 27 Feb 2026 | Q4 | 7.8% | 7.2% | 8.4% ® |
| 28 Nov 2025 | Q3 | 8.2% | 7.3% | 7.8% |
| 29 Aug 2025 | Q2 | 7.8% | 6.7% | 7.4% |
| 30 May 2025 | Q1 | 7.4% | 6.7% | 6.4% ® |
| 28 Feb 2025 | Q4 | 6.2% | 6.3% | 5.6% ® |
Why it matters
The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and the Reserve Bank of India's view of how much spare capacity the economy has.
How it is calculated
the Ministry of Statistics and Programme Implementation (NSO) compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.
Growth (yoy) = real GDP ÷ real GDP a year ago − 1What changes mean
- Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
- Annual growth turns only slowly; the quarterly figure shows turning points earlier.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Indian rupee and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the Indian rupee tends to soften and markets price in lower rates.
A short history
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
Questions
What is the India GDP Growth Rate YoY?
The India GDP Growth Rate YoY measures how much the economy of India grew compared with the same period a year earlier.
What was the latest India GDP Growth Rate YoY?
7.8% for Q2, published on 31 August 2026 (consensus 7.1%, previous 7.8%).
When is the next India GDP Growth Rate YoY?
On Monday 30 November 2026 at 10:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.