At 2011-12 prices, GVA growth rates of Agriculture, Industry, and Services sector are 3.63%, -6.96%, and -8.36%, respectively in the year 2020-21. At current prices, growth rates are Agriculture (6.56%), Industry (-5.61%), and Services (-4.86%).
At 2011-12 prices, India has registered the highest growth of 3.63% in the 'Agriculture, forestry & fishing' sub-sector and the lowest -18.2% in 'Trade, hotels, transport, communication, and services related to broadcasting' sub-sector.
At current prices, India has registered the highest growth of 6.56% in the 'Agriculture, forestry & fishing' sub-sector and the lowest -17.91 in the 'Mining & quarrying' sub-sector.
The services sector has been the highest growing sector in six years. The Industry sector was the fastest growing sector in one year and the Agriculture sector was the fastest-growing sector in two years. First time in 2020-21, the Services sector has the lowest growth rate among the three sectors. Growth of the Agriculture sector has been fluctuating: lowest -0.22% in 2014-15 to highest 6.80% in 2016-17. Performance of Agriculture sector is much better in current prices as it has attained highest growth rate among all three sectors in five years since 2012-13.
The average growth rate between 2012-21 at constant 2011-12 prices are Agriculture (3.49%), Industry (3.82%), and Services (6.23%). At current prices, growth rates are Agriculture (10.30%), Industry (6.65%), and Services (10.54%).
- Constant
- Current
Sector | GVA (Rupees in Crore) at constant prices | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | ||
1 | Agriculture Sector | 1.49 | 5.57 | -0.22 | 0.65 | 6.80 | 6.61 | 2.56 | 4.31 | 3.63 |
1.1 | Agriculture,forestry & fishing | 1.49 | 5.57 | -0.22 | 0.65 | 6.80 | 6.61 | 2.56 | 4.31 | 3.63 |
2 | Industry Sector | 3.27 | 3.79 | 7.00 | 9.58 | 7.72 | 5.86 | 5.31 | -1.23 | -6.96 |
2.1 | Mining & quarrying | 0.60 | 0.19 | 9.72 | 10.15 | 9.84 | -5.62 | 0.28 | -2.54 | -8.53 |
2.2 | Manufacturing | 5.45 | 4.97 | 7.90 | 13.06 | 7.93 | 7.53 | 5.28 | -2.44 | -7.15 |
2.3 | Electricity, gas, water supply & other utility services | 2.66 | 4.16 | 7.24 | 4.72 | 9.97 | 10.61 | 8.01 | 2.05 | 1.90 |
2.4 | Construction | 0.35 | 2.66 | 4.30 | 3.60 | 5.91 | 5.22 | 6.34 | 0.98 | -8.61 |
3 | Services Sector | 8.33 | 7.66 | 9.81 | 9.44 | 8.46 | 6.34 | 7.20 | 7.19 | -8.36 |
3.1 | Trade, hotels, transport, communication and services related to broadcasting | 9.77 | 6.51 | 9.42 | 10.24 | 7.71 | 10.34 | 7.14 | 6.40 | -18.20 |
3.2 | Financial, real estate & prof servs | 9.74 | 11.15 | 11.05 | 10.66 | 8.64 | 1.77 | 7.16 | 7.27 | -1.50 |
3.3 | Public Administration, defence and other services | 4.26 | 3.85 | 8.31 | 6.12 | 9.33 | 8.35 | 7.39 | 8.29 | -4.62 |
GVA at basic prices | 5.42 | 6.05 | 7.15 | 8.03 | 7.97 | 6.23 | 5.90 | 4.14 | -6.16 |
Sector | GVA (Rupees in Crore) at current prices | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | ||
1 | Agriculture Sector | 11.53 | 15.00 | 8.68 | 6.40 | 13.07 | 12.35 | 6.59 | 12.52 | 6.56 |
1.1 | Agriculture,forestry & fishing | 11.53 | 15.00 | 8.68 | 6.40 | 13.07 | 12.35 | 6.59 | 12.52 | 6.56 |
2 | Industry Sector | 10.94 | 9.15 | 8.06 | 9.22 | 8.78 | 10.54 | 10.03 | -1.26 | -5.61 |
2.1 | Mining & quarrying | 9.50 | 3.48 | 4.29 | -4.69 | 11.16 | 2.85 | 12.22 | -5.66 | -17.91 |
2.2 | Manufacturing | 11.55 | 8.94 | 9.62 | 14.26 | 8.74 | 9.98 | 9.30 | -3.32 | -4.67 |
2.3 | Electricity, gas, water supply & other utility services | 15.37 | 20.81 | 8.50 | 18.67 | 6.19 | 19.68 | 5.85 | 7.33 | 0.17 |
2.4 | Construction | 9.27 | 8.49 | 6.25 | 1.23 | 9.06 | 11.06 | 12.44 | 1.40 | -6.33 |
3 | Services Sector | 15.98 | 13.94 | 13.66 | 10.37 | 11.68 | 10.85 | 12.46 | 10.75 | -4.86 |
3.1 | Trade, hotels, transport, communication and services related to broadcasting | 17.75 | 12.65 | 12.44 | 8.87 | 10.66 | 13.38 | 11.16 | 8.75 | -15.48 |
3.2 | Financial, real estate & prof servs | 16.05 | 16.48 | 14.20 | 11.12 | 10.86 | 7.41 | 13.28 | 10.54 | 0.89 |
3.3 | Public Administration, defence and other services | 13.41 | 11.89 | 14.56 | 11.30 | 14.38 | 12.74 | 13.01 | 13.71 | 0.41 |
GVA at basic prices | 13.52 | 12.61 | 11.01 | 9.30 | 11.06 | 11.03 | 10.68 | 7.58 | -2.96 |