GDP (annual) in India

India's Gross Domestic Product (GDP) represents the value of all goods and services produced in the country over a period. It is the broadest gauge of the size and pace of growth of one of the world's leading emerging economies.

It is compiled by the national statistics office. It can be calculated by three equivalent routes: demand (consumption, government spending, investment and net trade), output (value added of all sectors plus taxes on products) and income. India typically reports growth on a fiscal-year basis (April-March).

It is the main gauge for assessing the health of India's business cycle and shapes economic policy decisions, job creation and market expectations. Robust growth reinforces the appeal of the rupee and of Indian assets.

It is released several weeks after the reference period and the first estimates are revised in later releases, so the initial figure is not final. Measuring the large informal sector adds further uncertainty.