India’s GDP jumps to 7.6% in 2Q YoY

Dec 01, 2023

1The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation is releasing in this Press Note the estimates of Gross Domestic Product (GDP) for the July-September quarter (Q2) of 2023-24, both at Constant (2011-12) and Current Prices.

Real GDP or GDP at Constant (2011-12) Prices in Q2 2023-24 is estimated to attain a level of Rs 41.74 lakh crore, as against Rs 38.78 lakh crore in Q2 2022-23, showing a growth of 7.6 percent as compared to 6.2 percent in Q2 2022-23.

Nominal GDP or GDP at Current Prices in Q2 2023-24 is estimated at Rs 71.66 lakh crore, as against Rs 65.67 lakh crore in Q2 2022-23, showing a growth of 9.1 percent as compared to 17.2 percent in Q2 2022-23. GDP at Constant (2011-12) Prices in April-September 2023-24 (H1 2023-24) is estimated at Rs 82.11 lakh crore as against Rs 76.22 lakh crore during the corresponding period of previous year, showing a growth of 7.7 percent in H1 2023-24 as against 9.5 percent in H1 2022-23.

GDP at Current Prices in H1 2023-24 is estimated at Rs 142.33 lakh crore as against Rs 131.09 lakh crore during the corresponding period of previous year, showing a growth of 8.6 percent in H1 2023-24 as against 22.2 in H1 2022-23.

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