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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.

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