NSO Releases FY25 GDP Estimates & Q4 GDP Data

Current Context: The National Statistics Office (NSO) released the Provisional Estimates of India's GDP for FY25 and the Quarterly Estimates for Q4 FY25 on May 30, 2025.

Key Highlights:

• Annual GDP Growth: India's real GDP grew by 6.5% in FY25, while nominal GDP expanded by 9.8%.
• Q4 GDP Growth: In Q4 FY25, real GDP increased by 7.4%, and nominal GDP rose by 10.8%, surpassing earlier estimates.

Sectoral Performance:

• Construction sector led with 9.4% growth annually and 10.8% in Q4.
• Public Administration & Defence grew by 8.9%, while Financial Services expanded by 7.2%.

Private Consumption & Investment:

• Private Final Consumption Expenditure (PFCE) grew by 7.2%, reflecting strong demand.
• Gross Fixed Capital Formation (GFCF) recorded 7.1% growth annually and 9.4% in Q4, indicating robust investment activity.

Question:

Q.1 What was the real GDP growth of India for FY25 as per the Provisional Estimates released by NSO?
a) 6.2%
b) 6.5%
c) 7.0%
d) 7.4%

Answer: b) The NSO reported that India's real GDP grew by 6.5% for the full financial year 2024-25 (FY25).