The economy by sector

Gross value added (GVA) by industry: what each part of the economy produces, before product taxes. Since 2000-01, agriculture's share has gone from 24% to 17%, while finance and real estate's share rose by 6 points.

Share of the economy by sector

Percent of gross value added, current prices. 2011-12 base: back series to 2010-11, then the latest estimate.

  • Agriculture
  • Mining
  • Manufacturing
  • Utilities
  • Construction
  • Trade, hotels & transport
  • Finance & real estate
  • Public admin & other services
0%25%50%75%100%2004-052011-122018-192025-260%25%50%75%100%2001-022004-052007-082010-112013-142016-172019-202022-232025-26
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YearAgricultureMiningManufacturingUtilitiesConstructionTrade, hotels & transportFinance & real estatePublic admin & other servicesTotal
2000-01 (Back series)23.6%2.6%17.4%3.0%6.8%16.3%17.5%12.8%100.0%
2001-02 (Back series)23.5%2.5%16.7%2.9%6.8%16.7%18.2%12.7%100.0%
2002-03 (Back series)21.3%3.0%16.9%3.1%7.1%17.1%18.9%12.7%100.0%
2003-04 (Back series)21.3%2.8%17.0%2.9%7.3%17.6%18.8%12.3%100.0%
2004-05 (Back series)19.5%3.2%17.4%2.7%8.8%18.1%18.2%12.1%100.0%
2005-06 (Back series)19.2%3.3%17.4%2.5%9.0%18.3%18.4%11.9%100.0%
2006-07 (Back series)18.3%3.3%18.9%2.4%9.2%18.2%18.5%11.2%100.0%
2007-08 (Back series)18.3%3.3%18.4%2.4%9.6%17.9%18.9%11.2%100.0%
2008-09 (Back series)17.9%3.2%18.2%2.1%9.7%17.5%19.4%12.0%100.0%
2009-10 (Back series)17.8%3.2%18.3%2.4%9.3%17.0%19.0%13.1%100.0%
2010-11 (Back series)18.4%3.5%18.4%2.3%8.9%16.8%19.0%12.7%100.0%
2011-12 (Additional revision)18.5%3.2%17.4%2.3%9.6%17.4%18.9%12.7%100.0%
2012-13 (Additional revision)18.2%3.1%17.1%2.3%9.2%18.1%19.3%12.6%100.0%
2013-14 (Additional revision)18.6%2.9%16.5%2.5%8.9%18.1%20.0%12.6%100.0%
2014-15 (Third Revised Estimate)18.2%2.7%16.3%2.5%8.5%18.3%20.5%13.0%100.0%
2015-16 (Third Revised Estimate)17.7%2.3%17.1%2.7%7.9%18.2%20.9%13.2%100.0%
2016-17 (Third Revised Estimate)18.0%2.3%16.7%2.5%7.7%18.2%20.8%13.6%100.0%
2017-18 (Third Revised Estimate)18.3%2.2%16.6%2.7%7.7%18.6%20.2%13.8%100.0%
2018-19 (Third Revised Estimate)17.6%2.2%16.4%2.6%7.9%18.6%20.6%14.1%100.0%
2019-20 (Third Revised Estimate)18.3%1.9%14.7%2.7%7.5%18.9%21.1%14.7%100.0%
2020-21 (Third Revised Estimate)20.4%1.8%15.4%2.7%7.5%15.7%22.1%14.4%100.0%
2021-22 (Second Revised Estimate)18.9%2.0%15.7%2.7%8.5%17.0%21.5%13.7%100.0%
2022-23 (Final Estimate)18.1%2.1%14.3%2.5%8.8%17.9%22.7%13.6%100.0%
2023-24 (First Revised Estimate)17.8%1.9%14.3%2.8%8.8%17.6%22.8%14.0%100.0%
2024-25 (Provisional Estimate)17.9%1.8%13.9%2.7%8.8%17.5%22.9%14.5%100.0%
2025-26 (First Advance Estimate)16.8%1.6%14.1%2.5%8.7%17.4%23.7%15.3%100.0%

MoSPI national accounts. Before 2004-05 the back series' industries do not add up exactly to total GVA, so shares are of the sum of industries (see Sources).

Growth by sector, 2025-26

Real GVA growth, provisional estimate, new 2022-23 series, with each sector's share of GVA.

  1. Trade, hotels & transport11.3%14% of GVA
  2. Finance & real estate10.5%27% of GVA
  3. Manufacturing8.8%15% of GVA
  4. Construction7.2%8% of GVA
  5. Mining7.1%2% of GVA
  6. Public admin & other services6.3%13% of GVA
  7. Agriculture3.3%18% of GVA
  8. Utilities2.1%3% of GVA

MoSPI, GVA growth rate at constant prices, as published.

Inside agriculture and manufacturing, 2024-25

Share of the sector's GVA, current prices, first revised estimate, new series.

Agriculture, forestry & fishing

  1. Crops62%₹34.76 lakh crore
  2. Livestock25%₹13.85 lakh crore
  3. Forestry & logging7%₹4.09 lakh crore
  4. Fishing & aquaculture5%₹3.07 lakh crore

Manufacturing

  1. Other manufacturing38%₹15.76 lakh crore
  2. Machinery & equipment26%₹10.78 lakh crore
  3. Metal products14%₹5.85 lakh crore
  4. Food, drinks & tobacco12%₹5.03 lakh crore
  5. Textiles, clothing & leather11%₹4.42 lakh crore

Real growth: agriculture

0%2.5%5%7.5%10%2013-142017-182021-222025-26COVID-190%2.5%5%7.5%10%2013-142015-162017-182019-202021-222023-242025-26COVID-193.1%
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YearAgriculture
2012-135.2% (Additional revision)
2013-14–
2014-157.3% (Third Revised Estimate)
2015-167.4% (Third Revised Estimate)
2016-1710.0% (Third Revised Estimate)
2017-187.8% (Third Revised Estimate)
2018-198.6% (Third Revised Estimate)
2019-207.5% (Third Revised Estimate)
2020-216.2% (Third Revised Estimate)
2021-226.3% (Second Revised Estimate)
2022-234.9% (Final Estimate)
2023-245.4% (First Revised Estimate)
2024-254.6% (Provisional Estimate)
2025-263.1% (First Advance Estimate)

MoSPI, GVA growth rate at constant prices, latest estimate, 2011-12 base.

Real growth: industry

  • Manufacturing
  • Construction
  • Mining
  • Utilities
−10%0%10%20%2013-142017-182021-222025-26COVID-19−10%0%10%20%2013-142015-162017-182019-202021-222023-242025-26COVID-19
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YearManufacturingConstructionMiningUtilities
2012-13––––
2013-14––––
2014-150.0% (Third Revised Estimate)4.3% (Third Revised Estimate)9.7% (Third Revised Estimate)7.2% (Third Revised Estimate)
2015-1619.6% (Third Revised Estimate)3.6% (Third Revised Estimate)10.1% (Third Revised Estimate)4.7% (Third Revised Estimate)
2016-170.8% (Third Revised Estimate)5.9% (Third Revised Estimate)9.8% (Third Revised Estimate)10.0% (Third Revised Estimate)
2017-187.5% (Third Revised Estimate)5.2% (Third Revised Estimate)−5.6% (Third Revised Estimate)10.6% (Third Revised Estimate)
2018-196.8% (Third Revised Estimate)6.4% (Third Revised Estimate)−0.8% (Third Revised Estimate)7.8% (Third Revised Estimate)
2019-20−3.0% (Third Revised Estimate)1.6% (Third Revised Estimate)−2.9% (Third Revised Estimate)2.2% (Third Revised Estimate)
2020-21−9.3% (Third Revised Estimate)−4.6% (Third Revised Estimate)−8.2% (Third Revised Estimate)−4.1% (Third Revised Estimate)
2021-2218.7% (Second Revised Estimate)19.9% (Second Revised Estimate)6.2% (Second Revised Estimate)10.3% (Second Revised Estimate)
2022-23−1.4% (Final Estimate)9.1% (Final Estimate)3.3% (Final Estimate)10.8% (Final Estimate)
2023-24−0.2% (First Revised Estimate)10.4% (First Revised Estimate)3.2% (First Revised Estimate)8.6% (First Revised Estimate)
2024-254.5% (Provisional Estimate)9.3% (Provisional Estimate)2.6% (Provisional Estimate)5.8% (Provisional Estimate)
2025-267.0% (First Advance Estimate)7.0% (First Advance Estimate)−0.7% (First Advance Estimate)2.1% (First Advance Estimate)

MoSPI, GVA growth rate at constant prices, latest estimate, 2011-12 base.

Real growth: services

  • Trade, hotels & transport
  • Finance & real estate
  • Public admin & other services
−20%−10%0%10%20%2013-142017-182021-222025-26COVID-19−20%−10%0%10%20%2013-142015-162017-182019-202021-222023-242025-26COVID-19
Show as table
YearTrade, hotels & transportFinance & real estatePublic admin & other services
2012-13–––
2013-14–––
2014-1510.7% (Provisional Estimate)11.5% (Provisional Estimate)7.2% (Provisional Estimate)
2015-169.0% (Provisional Estimate)10.3% (Provisional Estimate)6.6% (Provisional Estimate)
2016-177.8% (Provisional Estimate)5.7% (Provisional Estimate)11.3% (Provisional Estimate)
2017-188.0% (Provisional Estimate)6.6% (Provisional Estimate)10.0% (Provisional Estimate)
2018-196.9% (Provisional Estimate)7.4% (Provisional Estimate)8.6% (Provisional Estimate)
2019-203.6% (Provisional Estimate)4.6% (Provisional Estimate)10.0% (Provisional Estimate)
2020-21−18.2% (Provisional Estimate)−1.4% (Provisional Estimate)−4.6% (Provisional Estimate)
2021-2211.0% (Provisional Estimate)4.2% (Provisional Estimate)12.5% (Provisional Estimate)
2022-2313.9% (Provisional Estimate)7.1% (Provisional Estimate)7.1% (Provisional Estimate)
2023-246.4% (Provisional Estimate)8.4% (Provisional Estimate)7.8% (Provisional Estimate)
2024-256.0% (Provisional Estimate)7.1% (Provisional Estimate)8.8% (Provisional Estimate)
2025-267.5% (First Advance Estimate)9.9% (First Advance Estimate)9.9% (First Advance Estimate)

MoSPI, GVA growth rate at constant prices, latest estimate, 2011-12 base.