Estimates of Gross Domestic Product for the Second Quarter (July-September) of 2016-17
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- Published: Wednesday, 30 November 2016 13:54
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The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the second quarter (July-September) Q2 of 2016-17, both at constant (2011-12) and current prices, alongwith the corresponding quarterly estimates of expenditure components of the GDP.
2. The details of the estimates GDP for Q2 of 2016-17 are presented below.
I. ESTIMATES OF GVA BY ECONOMIC ACTIVITY
(a) At constant(2011-2012)prices
3. GDP at constant (2011-12) prices in Q2 of 2016-17 is estimated at ` 29.63 lakh crore, as against `27.62 lakh crore in Q2 of 2015-16, showing a growth rate of 7.3 percent. Quarterly GVA at Basic Price at constant (2011-12) prices for Q2 of 2016-17 is estimated at `27.33 lakh crore, as against `25.52 lakh crore in Q2 of 2015-16, showing a growth rate of 7.1 per cent over the corresponding quarter of previous year.
4. The economic activities which registered growth of over 7.0 percent in Q2 of 2016-17 over Q2 of 2015-16 are ‘Public administration, defence & other services’, 'financial, insurance, real estate and professional services', ‘manufacturing’ and ‘trade, hotels and transport & communication and services related to broadcasting’. The growth in the ‘agriculture, forestry and fishing’, ‘mining and quarrying’, ‘electricity, gas, water supply & other utility services, and ‘construction’ is estimated to be 3.3 per cent, (-)1.5 percent, 3.5 per cent and 3.5 per cent respectively, during this period.
5. Industry analysis
The second quarter estimates are based on agricultural production during Kharif season of 2016-17 obtained from the Ministry of Agriculture, Department of Agriculture & Cooperation(DAC), abridged financial results of listed companies from BSE/NSE, Index of Industrial Production (IIP), monthly accounts of Union Government Expenditure maintained by Controller General of Accounts (CGA) and of State Government expenditure maintained by Comptroller and Auditor General of India (CAG) for the period July-September 2016. Performance of key indicators of sectors like transport including railways, road, air and water transport etc., communication, banking and insurance during the period July-September 2016 have been taken into account while compiling the estimates. Performance of the corporate sector during July-September 2016 based on data received from BSE/NSE have been taken into account. Estimated growth in the indicator compiled on the basis of employee expenses, Profit before tax and depreciation of listed companies deflated by appropriate price indices has been used to extrapolate the corporate sector estimates of the same quarter of the previous year.
Agriculture, forestry and fishing
5.1 Quarterly GVA at basic prices for Q2 of 2016-17 from ‘agriculture, forestry and fishing’ sector grew by 3.3 percent as compared to growth of 2.0 percent in Q2 2015-16. According to the information furnished by the Department of Agriculture and Cooperation (DAC), which has been used in compiling the estimate of GVA from agriculture in Q2 of 2016-17, the production of food grains during the Kharif season of agriculture year 2016-17 was 8.9 percent as compared to decline of 3.2 percent during the same period in 2015-16. Around 51.0 percent of GVA of this sector is based on the livestock products, forestry and fisheries, which registered a combined growth of around 3.6 percent in Q2 of 2016-17.
Mining and quarrying
5.2. Quarterly GVA at basic prices for Q2 of 2016-17 from ‘mining and quarrying’ sector declined by (-) 1.5 percent as compared to growth of 5.0 percent in Q2 of 2015-16. As per the available information, private corporate sector growth in the mining sector as estimated for major listed companies at current prices is (-)1.1 percent in Q2 of 2016-17. The key indicators of mining sector, namely, production of coal, crude oil , natural gas and IIP mining registered growth rates of -3.5 per cent, -3.3 percent, -2.8 percent and -2.7 percent respectively during Q2 of 2016-17 as compared to 0.9 percent, 1.7 percent, 0.03 percent and 3.1 percent respectively in Q2 of 2015-16.
Manufacturing
5.3 Quarterly GVA at basic prices for Q2 of 2016-17 from ‘manufacturing’ sector grew by 7.1 percent as compared to growth of 9.2 percent in Q2 of 2015-16. The private corporate sector growth (which has a share of over 70 percent in the manufacturing sector) as estimated from available data of listed companies with BSE and NSE is 11.9 percent at current prices during Q2 of 2016-17. The growth in quasi - corporate and unorganized segment (which includes individual proprietorships and partnerships and khadi & village Industries has a share of around 22 percent in the manufacturing sector) has been estimated using IIP of manufacturing. IIP manufacturing registered growth rate of (-) 0.9 percent during Q2 of 2016-17 as compared to 4.7 percent in Q2 of 2015-16.
Electricity, Gas, water supply and other utility services
5.4 Quarterly GVA at basic prices for Q2 of 2016-17 from ‘Electricity, Gas, water supply and other utility services’ sector grew by 3.5 percent as compared to growth of 7.5 percent in Q2 of 2015-16. The key indicator of this sector, namely, IIP of Electricity registered growth rate of 1.4 percent during Q2 of 2016-17 as compared to 6.8 percent in Q2 of 2015-16.
Construction
5.5 Quarterly GVA at basic prices for Q2 of 2016-17 from ‘Construction’ sector grew by 3.5 percent as compared to growth of 0.8 percent in Q2 of 2015-16. Key indicators of construction sector, namely, production of cement and consumption of finished steel registered growth rates of 3.3 percent and 4.8 percent respectively during Q2 of 2016-17.
Trade, hotels and Transport & communication and services related to broadcasting
5.6. Quarterly GVA at basic prices for Q2 of 2016-17 from this sector grew by 7.1 percent as compared to growth of 6.7 percent in Q2 of 2015-16. Key indicator used for estimating GVA from Trade sector is the sales tax growth. As per the available monthly data on state accounts available from CAG website, sales tax collection grew by 13.1 percent during Q2 of 2016-17. Among the other services sectors, the key indicators of railways, namely, the net tonne kilometres and passenger kilometres have shown growth rate of (-) 8.1 per cent and 0.4 percent respectively during Q2 of 2016-17. In case of other transport sectors, passengers handled by the civil aviation, cargo handled by the civil aviation and cargo handled at major ports registered growth rates of 21.1 percent, 8.1 percent and 4.1 percent, respectively, during Q2 of 2016-17.
Financial, insurance, real estate and professional services
5.7 Quarterly GVA at basic prices for Q2 of 2016-17 from this sector grew 8.2 percent as compared to growth of 11.9 percent in Q2 of 2015-16. Major component of this industry is the real estate and professional services which has a share of 76 percent. The key indicators of this sector are the quarterly growth of corporate sector for real estate sector and computer related activities which as estimated from available data from listed companies at current prices are (-)2.0 percent and 7.8 percent, respectively, during Q2 of 2016-17. The other indicators of this sector, viz., aggregate bank deposits and bank credits have shown growth rates of 11.3 per cent, and 10.4 per cent, respectively as on September 2016 as against growth of 10.6 percent and 9.1 percent respectively as on September 2015.
Public administration and defence and other services
5.8 Quarterly GVA at basic prices for Q2 of 2016-17 from this sector grew by 12.5 percent as compared to growth of 6.9 percent in Q2 of 2015-16. The key indicator of this sector namely, Union Government expenditure, net of interest payments and subsidies, grew by 20.8 percent during Q2 of 2016-17 as compared to 1.1 percent in Q2 of 2015-16.
(b) At current prices
6. GDP is derived by adding taxes on products, net of subsidies on products, to GVA at basic prices. Growth in collection of Union Excise duties, customs duties and service tax was 40.7 percent, (-)5.2 percent and 19.2 percent respectively in Q2 of 2016-17. GDP at current prices in Q2 of 2016-17 is estimated at `36.43 lakh crore, as against `32.49 lakh crore in Q2 of 2015-16, showing a growth rate of 12.1 percent. GVA at basic price at current prices in Q2 of 2016-17, is estimated at `33.42 lakh crore, as against `30.02 lakh crore in Q2 of 2015-16, showing an increase of 11.3 per cent.
(c) Price indices used as deflators
7. The wholesale price index (WPI), in respect of the groups - food articles, minerals, manufactured products and all commodities, has registered a growth of 9.0 per cent, (-)10.2 percent, 2.3 per cent, and 3.7 percent respectively whereas electricity declined by 2.8 percent during Q2 of 2016-17 over Q2 of 2015-16. The consumer price index has shown a rise of 5.2 per cent during Q2 of 2016-17 over Q2 of 2015-16.
II. ESTIMATES OF EXPENDITURES ON GDP
8. The components of expenditure on gross domestic product, namely, consumption expenditure and capital formation, are normally measured at market prices. The aggregates presented in the following paragraphs, therefore, are in terms of market prices.
Private Final Consumption Expenditure
9. Private Final Consumption Expenditure (PFCE) at current prices is estimated at `21.78 lakh crore in Q2 of 2016-17 as against `19.37 lakh crore in Q2 of 2015-16. At constant (2011-12) prices, the PFCE is estimated at `16.26 lakh crore in Q2 of 2016-17 as against `15.11 lakh crore in Q2 of 2015-16. In terms of GDP, the rates of PFCE at current and constant (2011-2012) prices during Q2 of 2016-17 are estimated at 59.8 per cent and 54.9 per cent, respectively, as against the corresponding rates of 59.6 per cent and 54.7 per cent, respectively in Q2 of 2015-16. Growth rates of PFCE at current and constant prices are estimated at 12.4 percent and 7.6 percent during Q2 of 2016-17 as compared to 9.5 percent and 6.3 percent respectively during Q2 of 2015-16.
Government Final Consumption Expenditure
10. Government Final Consumption Expenditure (GFCE) at current prices is estimated at `5.15 lakh crore in Q2 of 2016-17 as against `4.27 lakh crore in Q2 of 2015-16. At constant (2011-2012) prices, the GFCE is estimated at `3.84 lakh crore in Q2 of 2016-17 as against `3.33 lakh crore in Q2 of 2015-16. In terms of GDP, the rates of GFCE at current and constant (2011-2012) prices during Q2 of 2016-17 are estimated at 14.1 per cent and 13.0 per cent, respectively, as against the corresponding rate of 13.1 per cent and 12.1 percent each in Q2 of 2015-16. Growth rates of GFCE at current and constant prices are estimated at 20.8 percent and 15.2 percent respectively during Q2 of 2016-17 as compared to 5.8 percent and 3.3 percent respectively during Q2 of 2015-16.
Gross Fixed Capital Formation
11. Gross Fixed Capital Formation (GFCF) at current prices is estimated at `9.86 lakh crore in Q2 of 2016-17 as against `10.19 lakh crore in Q2 of 2015-16. At constant (2011-2012) prices, the GFCF is estimated at `8.58 lakh crore in Q2 of 2016-17 as against `9.09 lakh crore in Q2 of 2015-16. In terms of GDP, the rates of GFCF at current and constant (2011-2012) prices during Q2 of 2016-17 are estimated at 27.1 per cent and 29.0 per cent, respectively, as against the corresponding rates of 31.4 per cent and 32.9 per cent respectively in Q2 of 2015-16. Growth rates of GFCF at current and constant prices are estimated at (-) 3.2 percent and (-) 5.6 percent during Q2 of 2016-17 as compared to 7.5 percent and 9.7percent during Q2 of 2015-16.
12. Estimates of GVA at basic price by kind of economic activity and the Expenditures on GDP for Q2 and during April-September of 2014-15, 2015-16 and 2016-17 at constant (2011-12) and current prices, are given in Statements 1 to 8.
13. The next release of quarterly GDP estimate for the quarter October-December, 2016 (Q3 of 2016-17) will be on 28.02.2017.
STATEMENT 1: QUARTERLY ESTIMATES OF GVA AT BASIC PRICES
IN Q2 (JULY-SEPTEMBER) OF 2016-17
(at 2011-12 prices)
Industry |
(`in crore) |
Percentage change |
||||||||
GVA at Basic Price |
over previous year |
|||||||||
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
||||||
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
|
1.agriculture,forestry&fishing |
358482 |
293560 |
367623 |
299531 |
374390 |
309538 |
2.6 |
2.0 |
1.8 |
3.3 |
2.mining&quarrying |
79708 |
60841 |
86444 |
63854 |
86091 |
62922 |
8.5 |
5.0 |
-0.4 |
-1.5 |
3.manufacturing |
418682 |
414049 |
449280 |
452062 |
490164 |
484150 |
7.3 |
9.2 |
9.1 |
7.1 |
4.electricity,gas,watersupply & other utility services |
54853 |
54845 |
57037 |
58942 |
62378 |
60994 |
4.0 |
7.5 |
9.4 |
3.5 |
5.construction |
213576 |
209577 |
225637 |
211298 |
229092 |
218676 |
5.6 |
0.8 |
1.5 |
3.5 |
6. trade, hotel, transport, communication & services related to broadcasting |
439474 |
439818 |
483238 |
469191 |
522610 |
502432 |
10.0 |
6.7 |
8.1 |
7.1 |
7.financial, insurance, real estate &professional services |
531933 |
584292 |
581471 |
653971 |
635963 |
707612 |
9.3 |
11.9 |
9.4 |
8.2 |
8.Public administration, defence& other services |
283826 |
321195 |
300705 |
343247 |
337630 |
386196 |
5.9 |
6.9 |
12.3 |
12.5 |
GVA at Basic Price |
2380534 |
2378178 |
2551435 |
2552095 |
2738318 |
2732519 |
7.2 |
7.3 |
7.3 |
7.1 |
STATEMENT 2: QUARTERLY ESTIMATES OF EXPENDITURES OF GDP
IN Q2 (JULY-SEPTEMBER) OF 2016-17
(at 2011-12 prices)
Item |
(`in crore) |
RATES OF GDP AT MARKET PRICES (%) |
||||||||
Expenditures of Gross Domestic Product |
||||||||||
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
||||||
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
|
1. Private Final Consumption Expenditure (PFCE) |
1406817 |
1422029 |
1504442 |
1511464 |
1605527 |
1625619 |
55.2 |
54.7 |
55.0 |
54.9 |
2. Government Final Consumption Expenditure (GFCE) |
294338 |
322557 |
293720 |
333116 |
349059 |
383906 |
10.8 |
12.1 |
12.0 |
13.0 |
3. Gross Fixed Capital Formation (GFCF) |
832420 |
828754 |
891627 |
909117 |
863956 |
858337 |
32.7 |
32.9 |
29.6 |
29.0 |
4. Change in Stocks |
48976 |
48434 |
50754 |
51068 |
54345 |
53462 |
1.9 |
1.8 |
1.9 |
1.8 |
5. Valuables |
42871 |
38194 |
43138 |
42932 |
22129 |
22756 |
1.6 |
1.6 |
0.8 |
0.8 |
6. Exports |
620869 |
625875 |
585324 |
599264 |
604052 |
601193 |
21.5 |
21.7 |
20.7 |
20.3 |
7. Less Imports |
661700 |
681230 |
645577 |
677465 |
607953 |
616498 |
23.7 |
24.5 |
20.8 |
20.8 |
8. Discrepancies |
-49687 |
-36835 |
761 |
-7146 |
26232 |
34059 |
0.0 |
-0.3 |
0.9 |
1.1 |
GDP |
2534903 |
2567778 |
2724188 |
2762350 |
2917348 |
2962834 |
100.0 |
100.0 |
100.0 |
100.0 |
GDP (Percentage change over previous year) |
|
|
7.5 |
7.6 |
7.1 |
7.3 |
|
|
|
|
STATEMENT 3: QUARTERLY ESTIMATES OF GVA AT BASIC PRICES
IN Q2 (JULY-SEPTEMBER) OF 2016-17
(at current prices)
Industry |
(`in crore) |
Percentage change |
||||||||
GVA at Basic Price |
over previous year |
|||||||||
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
||||||
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
|
1.agriculture,forestry&fishing |
440336 |
381132 |
466308 |
387595 |
504381 |
431548 |
5.9 |
1.7 |
8.2 |
11.3 |
2.mining&quarrying |
91393 |
68668 |
96870 |
68781 |
97614 |
70200 |
6.0 |
0.2 |
0.8 |
2.1 |
3.manufacturing |
463326 |
461155 |
494225 |
494597 |
545229 |
541919 |
6.7 |
7.3 |
10.3 |
9.6 |
4.electricity,gas,watersupply & other utility services |
72870 |
72802 |
77069 |
82772 |
85190 |
83298 |
5.8 |
13.7 |
10.5 |
0.6 |
5.construction |
251972 |
251830 |
260151 |
242294 |
267375 |
260097 |
3.2 |
-3.8 |
2.8 |
7.3 |
6. trade, hotel, transport, communication & services related to broadcasting |
515657 |
525519 |
555922 |
536937 |
608714 |
594979 |
7.8 |
2.2 |
9.5 |
10.8 |
7.financial, insurance, real estate & professional services |
618229 |
692696 |
660964 |
740485 |
731238 |
830795 |
6.9 |
6.9 |
10.6 |
12.2 |
8.Public administration, defence& other services |
349424 |
405492 |
390350 |
448645 |
460094 |
529268 |
11.7 |
10.6 |
17.9 |
18.0 |
GVA at Basic Price |
2803207 |
2859293 |
3001859 |
3002105 |
3299835 |
3342103 |
7.1 |
5.0 |
9.9 |
11.3 |
STATEMENT 4: QUARTERLY ESTIMATES OF EXPENDITURES OF GDP
IN Q2 (JULY-SEPTEMBER) OF 2016-17
(at current prices)
Item |
(`in crore) |
RATES OF GDP AT MARKET PRICES (%) |
||||||||
Expenditures of Gross Domestic Product |
||||||||||
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
||||||
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
Q1 |
Q2 |
|
1. Private Final Consumption Expenditure (PFCE) |
1701060 |
1768531 |
1898161 |
1936782 |
2119544 |
2177808 |
59.8 |
59.6 |
60.5 |
59.8 |
2. Government Final Consumption Expenditure (GFCE) |
353530 |
403302 |
364372 |
426564 |
452915 |
515228 |
11.5 |
13.1 |
12.9 |
14.1 |
3. Gross Fixed Capital Formation (GFCF) |
940407 |
948182 |
1004712 |
1019137 |
993514 |
986286 |
31.6 |
31.4 |
28.3 |
27.1 |
4. Change in Stocks |
55371 |
55112 |
58099 |
58142 |
64223 |
63767 |
1.8 |
1.8 |
1.8 |
1.8 |
5. Valuables |
47668 |
42468 |
46526 |
46304 |
24512 |
27236 |
1.5 |
1.4 |
0.7 |
0.7 |
6. Exports |
706261 |
726455 |
665872 |
681643 |
701942 |
709357 |
21.0 |
21.0 |
20.0 |
19.5 |
7. Less Imports |
799914 |
840101 |
759491 |
796865 |
732701 |
753834 |
23.9 |
24.5 |
20.9 |
20.7 |
8. Discrepancies |
-87827 |
-50952 |
-103605 |
-123138 |
-118497 |
-82880 |
-3.3 |
-3.8 |
-3.4 |
-2.3 |
GDP |
2916556 |
3052996 |
3174645 |
3248569 |
3505453 |
3642969 |
100.0 |
100.0 |
100.0 |
100.0 |
GDP (Percentage change over previous year) |
|
|
8.8 |
6.4 |
10.4 |
12.1 |
|
|
|
|
STATEMENT 5: ESTIMATES OF GVA AT BASIC PRICES IN H1
(APRIL-SEPTEMBER) OF 2016-17
(at 2011-12 prices)
|
APRIL-SEPTEMBER (H1) |
||||
|
(`in crore) |
Percentage change |
|||
Industry |
GVA at Basic Price in H1 |
Over previous year H1 |
|||
|
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
1. agriculture, forestry & fishing |
652042 |
667154 |
683928 |
2.3 |
2.5 |
2.mining&quarrying |
140549 |
150298 |
149013 |
6.9 |
-0.9 |
3.manufacturing |
832732 |
901342 |
974314 |
8.2 |
8.1 |
4.electricity,gas,watersupply & other utility services |
109698 |
115979 |
123372 |
5.7 |
6.4 |
5.construction |
423152 |
436935 |
447767 |
3.3 |
2.5 |
6. trade, hotel, transport, communication & services related to broadcasting |
879292 |
952429 |
1025042 |
8.3 |
7.6 |
7.financial, insurance, real estate & professional services |
1116225 |
1235442 |
1343575 |
10.7 |
8.8 |
8.Public administration, defence & other services |
605022 |
643951 |
723826 |
6.4 |
12.4 |
GVA at Basic Price |
4758712 |
5103531 |
5470836 |
7.2 |
7.2 |
STATEMENT 6: ESTIMATES OF EXPENDITURES OF GDP IN H1
(APRIL-SEPTEMBER) OF 2016-17
(at 2011-12 prices)
|
APRIL-SEPTEMBER (H1) |
||||
|
(`. in crore) |
Rates of GDP at market prices (%) |
|||
Item |
Expenditures of Gross Domestic Product in H1 |
in H1 |
|||
|
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
1. Private Final Consumption Expenditure (PFCE) |
2828846 |
3015906 |
3231147 |
55.0 |
54.9 |
2. Government Final Consumption Expenditure |
616896 |
626837 |
732964 |
11.4 |
12.5 |
3. Gross Fixed Capital Formation (GFCF) |
1661174 |
1800744 |
1722294 |
32.8 |
29.3 |
4. Change in Stocks |
97409 |
101821 |
107807 |
1.9 |
1.8 |
5. Valuables |
81065 |
86070 |
44886 |
1.6 |
0.8 |
6. Exports |
1246743 |
1184588 |
1205245 |
21.6 |
20.5 |
7. Less Imports |
1342930 |
1323042 |
1224450 |
24.1 |
20.8 |
8. Discrepancies |
-86522 |
-6386 |
60290 |
-0.1 |
1.0 |
GDP |
5102681 |
5486538 |
5880182 |
100.0 |
100.0 |
GDP (Percentage change over previous year) |
|
7.5 |
7.2 |
|
|
STATEMENT 7: ESTIMATES OF GVA AT BASIC PRICES IN H1
(APRIL-SEPTEMBER) OF 2016-17
(at current prices)
|
APRIL-SEPTEMBER (H1) |
||||
|
(` in crore) |
Percentage change |
|||
Industry |
GVA at Basic Price in H1 |
over previous year H1 |
|||
|
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
1.agriculture,forestry&fishing |
821468 |
853903 |
935928 |
3.9 |
9.6 |
2.mining&quarrying |
160061 |
165651 |
167814 |
3.5 |
1.3 |
3.manufacturing |
924481 |
988822 |
1087147 |
7.0 |
9.9 |
4.electricity,gas,watersupply & other utility services |
145672 |
159841 |
168488 |
9.7 |
5.4 |
5.construction |
503802 |
502446 |
527472 |
-0.3 |
5.0 |
6. trade, hotel, transport, communication & services related to broadcasting |
1041175 |
1092858 |
1203693 |
5.0 |
10.1 |
7.financial, insurance, real estate & professional services |
1310925 |
1401449 |
1562034 |
6.9 |
11.5 |
8.Public administration, defence& other services |
754916 |
838996 |
989362 |
11.1 |
17.9 |
GVA at Basic Price |
5662500 |
6003965 |
6641938 |
6.0 |
10.6 |
STATEMENT 8: ESTIMATES OF EXPENDITURES OF GDP IN H1
(APRIL-SEPTEMBER) OF 2016-17
(at current prices)
|
APRIL-SEPTEMBER (H1) |
||||
|
(` in crore) |
Rates of GDP at market prices (%) |
|||
Item |
Expenditures of Gross Domestic Product in H1 |
in H1 |
|||
|
2014-15 |
2015-16 |
2016-17 |
2015-16 |
2016-17 |
1. Private Final Consumption Expenditure (PFCE) |
3469591 |
3834944 |
4297353 |
59.7 |
60.1 |
2. Government Final Consumption Expenditure |
756832 |
790936 |
968143 |
12.3 |
13.5 |
3. Gross Fixed Capital Formation (GFCF) |
1888589 |
2023848 |
1979801 |
31.5 |
27.7 |
4. Change in Stocks |
110483 |
116241 |
127990 |
1.8 |
1.8 |
5. Valuables |
90135 |
92829 |
51748 |
1.4 |
0.7 |
6. Exports |
1432716 |
1347514 |
1411299 |
21.0 |
19.7 |
7. Less Imports |
1640015 |
1556357 |
1486535 |
24.2 |
20.8 |
8. Discrepancies |
-138779 |
-226743 |
-201377 |
-3.5 |
-2.8 |
GDP |
5969552 |
6423214 |
7148422 |
100.0 |
100.0 |
GDP (Percentage change over previous year) |
|
7.6 |
11.3 |
|
|
H1: April- September |
|
|
|
|
|