Services GVA growth in India FY 2015-2020

The service sectors in India had an estimated growth rate of nearly seven percent in financial year 2020, marking a decrease of 0.7 percent in growth compared to the previous year. Services included trade, hospitality, transport and communication services; finance, real estate, and public administration. These sectors combined, made up a share of nearly 55 percent of GVA across the county in fiscal year 2019.

GVA growth in services across India from financial year 2015 to 2017, with estimates until 2020

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Sources

Release date

January 2020

Region

India

Survey time period

FY 2015 to FY 2017

Special properties

GVA at basic prices.

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

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