The National Statistics Office (NSO) has released the Provisional Estimates (PE) of annual Gross Domestic Product (GDP) for the FY26 and the quarterly estimates for the fourth quarter (Q4) of FY26.
India’s real GDP growth for FY26 is estimated at 7.7%, reflecting a 60 basis points (bps) increase from 7.1% in FY25. Real GDP at constant (2022-23) prices is estimated at ₹323.12 lakh crore for FY26, compared to ₹299.89 lakh crore in the First Revised Estimates (FRE) for FY25
Nominal GDP at current prices grew by 8.9% in FY26 to reach ₹346.36 lakh crore, compared to 9.7% growth and a value of ₹318.07 lakh crore in the previous financial year. These estimates are based on a revised base year of 2022-23, which was introduced by the Ministry of Statistics and Programme Implementation (MoSPI) in February 2026, replacing the previous 2011-12 base year.
In Q4 FY26, real GDP grew by 7.8%, with the value estimated at ₹87.77 lakh crore, up from ₹81.40 lakh crore in Q4 FY25. Meanwhile, nominal GDP in Q4 FY26 registered a growth rate of 9.1%, reaching an estimated value of ₹94.65 lakh crore compared to ₹86.75 lakh crore in Q4 FY25.
