India Gross Domestic Product (GDP) y/y

Country: India, INR
Importance:
Medium
Sector: GDP
Last release
Actual
N/D
Forecast
6.8%
Previous
5.4%
Next release
Actual
Coming in 73 days
Forecast
Previous
Date (GMT)
Reference
Actual
Forecast
4 Q 2019
4.7%
4.1%
3 Q 2019
4.5%
2 Q 2019
5.0%
1 Q 2019
5.8%
4 Q 2018
6.6%
3 Q 2018
7.1%
2 Q 2018
8.2%
1 Q 2018
7.7%
4 Q 2017
7.2%
3 Q 2017
6.3%
2 Q 2017
5.7%
1 Q 2017
6.1%
4 Q 2016
7.0%
3 Q 2016
7.3%
2 Q 2016
7.1%
1 Q 2016
7.9%
4 Q 2015
7.3%
3 Q 2015
7.4%
2 Q 2015
7.0%
1 Q 2015
7.5%

Gross Domestic Product is the key indicator of the economical development which shows the health of the national economy. The index measures changes in the market value of goods and services produced in India, in the given quarter compared to the same quarter a year ago. GDP calculation based on the economic activity allows evaluating the state of each sector, while the expenditure method reflects various economy areas, such as trading and investment.

GDP growth indicates that the economy is expanding. Therefore, the indicator increase is seen as positive for Indian rupee quotes.