What is the GDP share of agriculture in India?

20.19 %
Sector-wise GDP of India

Sector GVA in 2020-21 (Rupees in Crore)
share (%)
1 Agriculture Sector 20.19 %
1.1 Agriculture,forestry & fishing 20.19 %
2 Industry Sector 25.92 %

What percentage of agriculture contributes to GDP India?

India: Distribution of gross domestic product (GDP) across economic sectors from 2010 to 2020

Characteristic Agriculture Industry
2020 18.32% 23.2%
2019 16.68% 24.18%
2018 15.97% 26.38%
2017 16.56% 26.5%

What is the GDP of India in 2011?

India gdp growth rate for 2018 was 6.53%, a 0.26% decline from 2017. India gdp growth rate for 2017 was 6.80%, a 1.46% decline from 2016….India GDP Growth Rate 1961-2021.

India GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2012 5.46% 0.22%
2011 5.24% -3.26%
2010 8.50% 0.64%

What was the GDP of India in 2011 and 12?

49.37 lakh crore in 2010-11, registering a growth of 6.2 per cent during the year as against a growth of 9.3 per cent in the year 2010-11,” a CSO statement said. As per the statement, the GDP in 2011-12 at current prices is estimated at Rs. 83.53 lakh crore as against Rs.

What is agriculture GDP?

The share of agriculture in GDP increased to 19.9 per cent in 2020-21 from 17.8 per cent in 2019-20. The last time the contribution of the agriculture sector in GDP was at 20 per cent was in 2003-04.

What percentage of India is agriculture?

Agriculture is the primary source of livelihood for about 58% of India’s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20.

What is the role of agriculture in GDP?

The share of agriculture in GDP increased to 19.9 per cent in 2020-21 from 17.8 per cent in 2019-20. The last time the contribution of the agriculture sector in GDP was at 20 per cent was in 2003-04. Following 2003-04, the share has remained between 17 and 19 per cent.

What was the GDP of India in 2013 and 14?

On impact of the new data on fiscal deficit, which is calculated as a percentage of the GDP, Chief Statistician T C A Anant said: “The size of economy has marginally declined to Rs 113.45 lakh crore in 2013-14 under the new series from Rs 113.55 lakh crore (under the old series).”

What is the GDP of Agriculture in India?

GDP From Agriculture in India averaged 4228.15 INR Billion from 2011 until 2020, reaching an all time high of 6098.83 INR Billion in the fourth quarter of 2019 and a record low of 2690.74 INR Billion in the third quarter of 2011.

When was last time agri sector had 20 percent share in GDP?

The share of agriculture in GDP increased to 19.9 per cent in 2020-21 from 17.8 per cent in 2019-20. The last time the contribution of the agriculture sector in GDP was at 20 per cent was in 2003-04. This was also the year when the sector clocked 9.5 per cent GDP growth, after the severe drought of 2002 when the growth rate was negative.

What was the GDP of India in 2011?

GDP From Agriculture in India averaged 4239.66 INR Billion from 2011 until 2020, reaching an all time high of 6098.83 INR Billion in the fourth quarter of 2019 and a record low of 2690.74 INR Billion in the third quarter of 2011.

Why did the growth of agricultural GDP decline?

The decline in growth of agricultural GDP was primarily due to the fall in the production of agricultural crops such as oilseeds, cotton, jute and mesta, and sugarcane.