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India GDP Annual Growth Rate, Export News

The Gross Domestic Product (GDP) in India expanded 5.50 percent in the second quarter of 2012 over the same quarter of the previous year. Historically, from 2004 until 2012, India GDP Annual Growth Rate averaged 8.13 Percent reaching an all time high of 10.10 Percent in September of 2006 and a record low of 5.30 Percent in March of 2012. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for India GDP Annual Growth Rate. 

 

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