India - Government Consumption





India: Government Consumption

Mnemonic G.IIND
Unit 10 Mil. INR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 10.67 %
Data 2023 Q4 640,558
2023 Q3 717,078

Series Information

Source Ministry of Statistics and Programme Implementation (MOSPI)
Release Gross Domestic Product
Frequency Quarterly
Start Date 6/30/1996
End Date 12/31/2023

India: GDP

Reference Last Previous Units Frequency
Government Consumption 2023 Q4 640,558 717,078 10 Mil. INR, NSA Quarterly
Investment 2023 Q4 1,539,168 1,592,125 10 Mil. FY 2012 INR, NSA Quarterly
Nominal Gross Domestic Product 2023 Q4 7,549,059 7,091,219 10 Mil. INR, NSA Quarterly
Private Consumption 2023 Q4 4,798,661 4,314,947 10 Mil. INR, NSA Quarterly
Real Government Consumption 2023 Q4 341,625 383,289 10 Mil. FY 2012 INR, NSA Quarterly
Real Gross Domestic Product 2023 Q4 4,372,011 4,185,636 10 Mil. FY 2012 INR, NSA Quarterly
Real Private Consumption 2023 Q4 2,560,203 2,338,416 10 Mil. FY 2012 INR, NSA Quarterly
Real Investment 2017 44,527,145,369,249 40,478,659,197,023 NCU Annual

Release Information

For India, the quarterly and annual national accounts, including: the detailed expenditure approach to GDP (use of GDP), gross value added (production approach), and compensation of employees (income approach).

Active:

  • National accounts framework: UN SNA 2008
  • Industry classification: NIC 2008
  • Measurements:
    • Ten million Indian rupees at constant fiscal year-2012 prices (10 Mil. FY 2012 INR)
    • At current prices (10 Mil. INR)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequencies:
    • Quarterly
    • Annual(March)
  • Start dates:
    • 2011Q2
    • 1951

Predecessors:

  • At FY 2005 prices, NIC 1998 - 1951 to 2014
  • At FY 2000 prices - 1996 to 2009

Valuation is by market prices, not factor cost.

India's fiscal year runs from April 1, YYYY to March 31, YYYY+1. For example, fiscal year 2020-2021 runs from April 1, 2020 to March 31, 2021. 

Moody's Analytics supplements

As of October 2019, we extend the history of the as-reported NSA series to 1996.

We compute counterparts that are seasonally adjusted at an annualized rate (SAAR).

The quartertly estimates are brought out with a timeliness of two months after the completion of a quarter. First and second quarter estimates are revised with the release of Second Advance Estimates. First, second and third release of 4th quarter estimates on 31st May. Thereafter, quarterly estimates for a financial year are revised based on revision of annual estimates each time these estimates are released for succeeding years. Apart from this regular revision calendar, the estimates are also revised in case of revision of base year of any of the indices used for compilation of these estimates. Most important indices used for compilation of GDP are Index of Industrial Production (IIP), Wholesale Price Index (WPI) and Consumer Price Indices.

For data reported by fiscal year that spans two calendar years, Data Buffet banks to the second calendar year. For example, India's data for "year 2018-19" is stored as 2019.

Further reading

At the source:

At IMF (SDDS):