GDP From Agriculture in India decreased to 3651.61 INR Billion in the third quarter of 2019 from 4335.47 INR Billion in the second quarter of 2019. India GDP From Agriculture - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP From Agriculture in India averaged 4126.42 INR Billion from 2011 until 2019, reaching an all time high of 5869.41 INR Billion in the fourth quarter of 2018 and a record low of 2690.74 INR Billion in the third quarter of 2011. This page provides - India Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministry of Statistics and Programme Implementation (MOSPI)

GDP From Agriculture in India is expected to be 4961.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Agriculture in India to stand at 3871.00 in 12 months time. In the long-term, the India GDP From Agriculture is projected to trend around 4084.00 INR Billion in 2021 and 4325.00 INR Billion in 2022, according to our econometric models.

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India GDP From Agriculture

Actual Previous Highest Lowest Dates Unit Frequency
3651.61 4335.47 5869.41 2690.74 2011 - 2019 INR Billion Quarterly
Constant 2011-2012 Prices, NSA

India GDP From Agriculture
It is estimated that India’s agriculture sector accounts only for around 14 percent of the country’s economy but for 42 percent of total employment. As around 55 percent of India’s arable land depends on precipitation, the amount of rainfall during the monsoon season is very important for economic activity.