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What is an 'Economic Growth Rate' An economic growth rate is a measure of economic growth from one period to another in percentage terms. This measure does not adjust for inflation; it is expressed in nominal terms.
1996 - 2015. percent. Quarterly. In India, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Indian economy during the quarter. India is the worldâs tenth largest economy and the second most populous.The most important and the fastest growing sector of Indian economy are services.DP Growth Rate in India averaged 1.66 percent from 1996 until 2015, reaching an all time high of 5.30 percent in the second quarter of 2009 and a record low of -1.70 percent in the first quarter of 2009. 1Y 5Y 10Y MAX. Forecast Export Data API Access.