Provisional Estimates of GDP – FY 2024–25
Real GDP or GDP at Constant Prices is estimated to attain a level of Rs 187.97 lakh crore in FY 2024-25, against the First Revised Estimates (FRE) of GDP for the FY 2023-24 of Rs 176.51 lakh crore, registering a growth rate of 6.5%.
Real GVA is estimated at Rs 171.87 lakh crore in the FY 2024-25, against the FRE for the FY 2023-24 of Rs 161.51 lakh crore, registering a growth rate of 6.4%.
Private Final Consumption Expenditure (PFCE) has reported 7.2% growth rate during FY 2024-25 as compared to 5.6% growth rate in the previous financial year
Gross Fixed Capital Formation (GFCF) has recorded 7.1% growth rate during FY 2024-25 and 9.4% growth rate in Q4, FY 2024-25
Nominal GDP or GDP at Current Prices is estimated to attain a level of Rs 330.68 lakh crore in the FY 2024-25, against Rs 301.23 lakh crore in FY 2023-24, showing a growth rate of 9.8%
Nominal GVA is estimated to attain a level of Rs 300.22 lakh crore during FY 2024-25, against Rs 274.13 lakh crore in FY 2023-24, showing a growth rate of 9.5%.
‘Construction’ sector is estimated to record a growth rate of 9.4% in FY 2024-25, followed by 8.9% growth rate in ‘Public Administration, Defence & Other Services’ sector and 7.2% growth rate in ‘Financial, Real Estate & Professional Services’ sector.
Primary Sector has seen 4.4% growth rate as compared to growth rate of 2.7% observed in previous financial year
