Home » Commerce and Industry » SHARE OF EXPORTS IN ANNUAL GDP

SHARE OF EXPORTS IN ANNUAL GDP

The details of exports of goods and services and Gross Domestic Product (GDP) at current prices, and percentage share of India’s exports to the GDP for the last five years and current year are as follows:

S. No. Year India’s exports of goods and services

 (in Rs. Crore)

GDP

(in Rs. Crore)

% Share of exports of goods and services in GDP
1 2016-17 29,48,772 1,53,91,669 19.2
2 2017-18 32,11,521 1,70,90,042 18.8
3 2018-19 (2nd RE) 37,66,294 1,88,86,957 19.9
4 2019-20 (1st RE) 37,50,567 2,03,51,013 18.4
5 2020-21 (PE) 36,85,170 1,97,45,670 18.7
6 2020-21 (April-September) 16,69,646 86,14,840 19.4
7 2021-22 (April-September) 23,12,942 106,76,879 21.7

Source: National Accounts Division, CSO, MoSPI

Note: RE: Revised Estimate,  PE :  Provisional Estimate

 

The share of export of goods and services in GDP has increased to 18.7% during 2020-21 over 18.4% in 2019-20 and 21.7% in 2021-22 (April-September) over 19.4% in 2020-21 (April-September).

 

The details of the annual rate of growth of exports of goods and services and the corresponding annual rate of growth of GDP at current prices for the last five years and current year are as follows:

S. No. Year India’s exports of goods and services  (in Rs. Crore) % Growth in exports GDP

(in Rs. Crore)

% Growth in GDP
1 2016-17 29,48,772 1,53,91,669
2 2017-18 32,11,521 8.9 1,70,90,042 11
3 2018-19 (2nd RE) 37,66,294 17.3 1,88,86,957 10.5
4 2019-20 (1st RE) 37,50,567 -0.4 2,03,51,013 7.8
5 2020-21 (PE) 36,85,170 -1.7 1,97,45,670 -3
6 2020-21 (April-September) 16,69,646 86,14,840
7 2021-22 (April-September) 23,12,942 38.5 106,76,879 23.9

 Source: National Accounts Division, CSO, MoSPI

 

This information was given by the Minister of State for Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Centre takes proactive steps to promote the GI tagged products in the global market

The Government has taken several proactive steps to promote the GI tagged products in the ...

Centre formulates ‘Action Plan for Champion Sectors in Services’ to give focused attention to 12 identified Champion Services Sectors

Centre has formulated ‘Action Plan for Champion Sectors in Services’ to give focused attention to ...

The Fund of Funds Scheme (FFS) for startups commits Rs. 7,980 crores to 99 Alternative Investment Funds (AIFs) and Rs. 3,400 crores to 72 AIFs which have in turn made investments of Rs. 14,077 crore in 791 startups

As on 31st December 2022, under the Fund of Funds Scheme (FFS) for startups, Rs. ...

Rs. 477.25 crore approved to 133 incubators under the Startup India Seed Fund Scheme (SISFS)

The Startup India Seed Fund Scheme (SISFS), a flagship scheme under Startup India initiative has ...

Union Budget to give a boost to exports and manufacturing

Union Budget 2023-24 has a slew of measures to give boost to exports and help ...

Final growth rate of Index of Eight Core Industries for September 2022 is revised to 8.3 per cent from its provisional level 7.9 per cent

The combined Index of Eight Core Industries (ICI) increased by 7.4 per cent (provisional) in December 2022 ...

G20-Startup20 Engagement Group set to meet in Hyderabad; India to convene global support for start-ups, strengthen ecosystem synergies

The G20 Startup20 Engagement Group will hold its inception meeting in Hyderabad this week, featuring ...

Measures taken by Government to boost exports

The Government has taken the following measures to boost exports and reduce trade deficit: Foreign ...

Indian Footwear and Leather Development Programme (IFLDP)

Central Government on 19th January 2022, has approved the continuation of Central Sector Scheme ‘Indian ...

Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups create over 8.6 lakh direct jobs since the launch of Startup India

Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups have self-reported creation of over ...

WP2Social Auto Publish Powered By : XYZScripts.com