Please update this article to reflect recent events or newly available information. India lost its fastest-growing major economy tag in the fourth quarter of 2016-17, with GDP growth coming in at 6.1% compared with Chinas 6.9% in the same period. In its update to the World Economic Outlook released in October, IMF projected India GDP growth rate at 6.6% for 2016-17 against its earlier estimate of 7.6%. GDP Annual Growth Rate in India grew to 6.30 percent from 5.70 percent and GDP Growth Rate went up to 1.40 percent from 1.30 percent in Q1 2017. Answered Nov 24, 2016. See Also: GDP Growth ... Uttarakhand and Meghalaya has gdp growth rate between 9 Decline in GDP growth rate could be good news for Indian economy. Explore expert forecasts and historical data on economic indicators across 195+ countries with CEIC. After overtaking China as the fastest growing big economy in the world in 2015, India has reported its lowest GDP growth rate in three years for the April-June quarter. GDP of India 2016 - Know what is GDP of india for last 57 years with current India GDP growth rate percentage including the present India GDP per capita. Indias GDP or gross domestic product grew 5.7 per cent on a year-on-year basis during the April-June period (Q1), government data showed. The Gross Domestic Product (GDP) in India was worth 2263.52 billion US dollars in 2016. Update Cancel. India Labour Market Update ILO Country Office for India | July 2016 Overview1 inflation stabilizes Indias economy has returned to high rates of growth, according to the latest figures. What is India's GDP in 2016? India recorded a growth rate of 7.1 per cent during 2016-17 Discover data and research on real GDP growth rate in India. Gross Domestic Product of India grew 7.9% in 2016 compared to last year . Find out about current and projected economic growth in India and compare the data with other developing countries The GDP value of India represents 3.65 percent of the world economy. The Gross Domestic Product (GDP) in Australia expanded 2.80 percent in the third quarter of 2017 over the same quarter of the previous year. ... What is the GDP growth rate Features map and brief descriptions of the geography, people, government, economy, communications, transportation, military and transnational issues. The Gross Domestic Product (GDP) in India was worth 2263.52 billion US dollars in 2016. Answer Wiki. This rate is 4-tenths of one percent higher than the figure of 7.5% published in 2015. Per capita income in India is 5350 PPP $ and that of US is 53750 PPP $. The World Bank has sharply cut its economic growth forecast for India to 7 per cent in 2016-17 after taking into account the impact of demonetisation and the fall in private investments. Kaushlya Bhavsar, studied Economics. Updated as of 2017. gdp growth of Indian states 2015, This list includes gsdp (gross state domestic product) growth of Indian states. Indian states by GDP Growth. The latest GDP figures for January-March 2017 show that for the first time since 2015, India trailed China on growth rate. Skip to 2 Answers. Gross domestic product 2016 (millions of Ranking Economy US dollars) 1 United States 18,569,100 2 China 11,199,145 ... India's GDP growth rate in 2016-17 is 7.11. India GDP growth rate slowed to 5.7% in Q1 of 2017-18 on the back of destocking ahead of GST implementation and the lingering impact of demonetisation The GDP value of India represents 3.65 percent of the world economy. List of countries by real GDP growth rate This article needs to be updated.