The Ministry of Statistics and Program Implementation (MoSPI) on Friday released the new set of annual and quarterly National Accounts estimates with the base year 2022-2023. It replaces the previous series with a base year of 2011-2012.
The ministry has revised the base year from 2011-2012 to 2022-2023.
Here are the highlights:
– Real GDP or GDP at constant prices is estimated to reach a level of ₹322.58 lakh crore in the financial year 2025-26, while the First Revised Estimate (FRE) of GDP for the year 2024-25 is of ₹299.89 lakh crore.
– The real GDP growth rate over 2025-26 is estimated at 7.6 percent, compared to 7.1 percent in 2024-25.
– Nominal GDP or GDP at current prices is estimated to reach a level of ₹345.47 lakh crore in the year 2025-26, up from ₹318.07 lakh crore in 2024-25, showing a growth rate of 8.6 percent.
– Real gross value added is estimated at ₹294.40 lakh crore in the year 2025-26, against ₹273.36 lakh crore in the financial year 2024-25, registering a growth rate of 7.7 per cent, compared to a growth rate of 7.3 per cent in 2024-25.
– Nominal GVA is estimated to reach a level of ₹313.61 lakh crore in FY 2025-26, up from ₹288.54 lakh crore in 2024-25, registering a growth rate of 8.7 per cent.
– Real GDP or GDP at constant prices in the third quarter of FY 2025-26 is estimated at ₹84.54 lakh crore, against ₹78.41 lakh crore in the third quarter of FY 2024-25, showing a growth rate of 7.8 percent.
– Nominal GDP or GDP at current prices in the third quarter of FY 2025-26 is estimated at ₹90.91 lakh crore, against ₹83.46 lakh crore in the third quarter of FY 2024-25, showing a growth rate of 8.9 percent.
– Real GVA in the third quarter of FY 2025-26 is estimated at ₹77.38 lakh crore, against ₹71.77 lakh crore in the third quarter of FY 2024-25, registering a growth rate of 7.8 per cent. The nominal GVA in the third quarter of FY 2025-26 is estimated at ₹82.58 lakh crore, against ₹76.35 lakh crore in the third quarter of FY 2024-25, showing a growth rate of 8.2 per cent.
Published on February 27, 2026
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