The Gross Domestic Product (GDP) in India contracted 25.20 percent in the second quarter of 2020 over the previous quarter.
GDP Growth Rate in India averaged 1.36 percent from 1996 until 2020, reaching an all time high of 5.80 percent in the second quarter of 2009 and a record low of -25.20 percent in the second quarter of 2020. This page provides - India GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India GDP Growth Rate - values, historical data and charts - was last updated on October of 2020.
GDP Growth Rate in India is expected to be -2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in India to stand at 2.30 in 12 months time. In the long-term, the India GDP Growth Rate is projected to trend around 2.20 percent in 2021 and 1.00 percent in 2022, according to our econometric models.