How fast is India's economy growing?

History

Real GDP is adjusted for price changes (constant 2022-23 prices); nominal GDP is not. GVA (gross value added) is GDP before net taxes. All are first estimates for the quarter and are revised later.

The figures side by side

How we got this number

1. Take 'Real GDP or GDP at Constant Prices' for Q1 (April-June) of FY 2026-27 from MoSPI's quarterly press note: ₹81.36 lakh crore, against ₹75.46 lakh crore a year earlier, which MoSPI states as growth of 7.8%.
2. Read nominal GDP and gross value added (GVA) from the same note: nominal GDP ₹88.27 lakh crore (up 10.3%), real GVA ₹73.82 lakh crore (up 8.2%).
3. Put it next to the earlier quarters from MoSPI's growth-rate table: 6.9% in April-June 2025, then 8.3%, 8.0% and 7.8% in the next three quarters.

What this number does not tell you

• These are first estimates for the quarter. MoSPI says improved data coverage and revisions in input data will lead to revisions later.
• GDP is now measured on a new series with base year 2022-23. Figures are not comparable with the older series.
• The growth rates for the July-September 2025, October-December 2025 and January-March 2026 quarters are as published on 5th June, 2026. MoSPI updated its quarterly series with the Q1 2026-27 release, so these may since have changed slightly.
• 'Quarter' means a quarter of the financial year: Q1 is April-June.

Sources

1. MoSPI, Press Note on Quarterly Estimates of GDP for Q1 (April-June) of 2026-27, 31st August, 2026Real GDP or GDP at Constant Prices in Q1 of FY 2026-27 is estimated at ₹81.36 lakh crore, against ₹75.46 lakh crore in Q1 of FY 2025-26, showing a growth rate of 7.8%. Nominal GDP or GDP at Current Prices in Q1 of FY 2026-27 is estimated at ₹88.27 lakh crore, against ₹80.00 lakh crore in Q1 of FY 2025-26, showing a growth rate of 10.3%.
2. MoSPI, Press Note on GDP for Q1 2026-27 (gross value added), 31st August, 2026Real GVA in Q1 of FY 2026-27 is estimated at ₹73.82 lakh crore, against ₹68.21 lakh crore in Q1 of FY 2025-26, showing a growth rate of 8.2%.
3. MoSPI, Press Note on GDP for Q1 2026-27 (Statement 1, constant prices), 31st August, 2026 — Statement 1, quarterly levels in ₹ crore for Q1 of 2024-25, 2025-26 and 2026-27, then percentage change over previous year for 2025-26 and 2026-27GDP 70,61,843 75,46,230 81,36,153 6.9 7.8
4. MoSPI, Press Note on GDP for Q1 2026-27 (next release and base year), 31st August, 2026The next release of Quarterly GDP estimates for the Second Quarter (July-September) of FY 2026-27 (Q2, 2026-27) is scheduled on 30th November, 2026. The Ministry has released the New Series of Annual and Quarterly GDP estimates with base year 2022-23 on 27th February, 2026
5. MoSPI, Press Note on GDP for Q4 2025-26 (Statement 6, growth rates), 5th June, 2026 — GDP growth by quarter: Q1 to Q4 of 2023-24, then Q1 to Q4 of 2024-25, then Q1 to Q4 of 2025-26 (the last four are 6.8, 8.3, 8.0 and 7.8; Q1 of 2025-26 was later revised to 6.9)Statement 6: Growth Rates (%) for Quarterly GDP Estimates along with Expenditure Components at Constant Prices GDP 6.6 7.6 7.1 7.5 7.5 6.6 7.4 7.0 6.8 8.3 8.0 7.8

Questions people ask

What was India's GDP growth in April-June 2026?

7.8% in real terms, year on year, with real GDP at ₹81.36 lakh crore (MoSPI, first estimate).

What is the difference between real and nominal GDP?

Real GDP removes the effect of price changes, so it shows growth in output (7.8%). Nominal GDP includes price changes and grew faster, at 10.3%.

When is the next GDP release?

MoSPI has scheduled the July-September 2026 quarterly estimates for 30th November, 2026.

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This figure is from MoSPI's own release or a report quoting it. We recheck it quarterly. If you have a newer or better source, send it to us.