In 2024–2025, real GDP growth in India is predicted to drop to a four-year low of 6.4%.

Since the pandemic, when it dropped to -5.8% in the fiscal year 2020–21, this is the slowest annual GDP growth rate.

According to government data issued on Tuesday, December 7, 2025, India's Real Gross Domestic Product (GDP) growth is expected to fall to 6.4% in the fiscal year 2024–2025 from 8.2% in 2023–2024.

Since the pandemic, when it dropped to -5.8% in 2020–21, this is the slowest annual GDP growth rate.

According to data issued by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), the real GDP is expected to reach ₹184.88 lakh crore this year, up from the provisional estimate of ₹173.82 lakh crore last year.

Additionally, the Real Gross Value Added (GVA) growth rate has decreased to 6.4% in 2024–2025 from 7.2% in 2023–2024.

Like the GDP, the GVA was at its lowest level since 2020–21, when it dropped to -4.1%.

Compared to ₹158.74 lakh crore the previous year, the Real GVA is projected to be ₹168.91 lakh crore.

What is the estimated performance of the different sectors?
According to estimates, the Real GVA of the agriculture and related sectors will increase by 3.8% in 2024–2025, up from 1.4% the year before.

However, expected growth rates for mining and quarrying dropped from 6.3% to just 2.6%.

In the meantime, industrial growth also decreased, from 8% to 6.6%.

Growth was observed in all segments of the tertiary industry.

Estimates indicate that trade, lodging, transportation, communication, and broadcasting services have expanded by 8%, as opposed to 5.2% previously.

Professional, financial, and real estate services gained 10.3%, up from 9.9% previously.

Nonetheless, the GDP and GVA have both seen increases in their anticipated nominal growth rates.

Estimates of nominal GDP have increased to 9.7% this year from 9.6% last year, and estimates of nominal GVA have increased to 9.3% from 8.5% last year.