Answer Wiki. Gross domestic product 2016 (millions of Ranking Economy US dollars) 1 United States 18,569,100 2 China 11,199,145 The World Bank has sharply cut its economic growth forecast for India to 7 per cent in 2016-17 after taking into account the impact of demonetisation and the fall in private investments. Decline in GDP growth rate could be good news for Indian economy. Features map and brief descriptions of the geography, people, government, economy, communications, transportation, military and transnational issues. List of countries by real GDP growth rate This article needs to be updated. India has once again posted growth of more than 7%, securing its standing as the world's fastest growing major economy. ... India's GDP growth rate in 2016-17 is 7.11. Find out about current and projected economic growth in India and compare the data with other developing countries (September 2016) This article needs additional citations for verification. Growth figures are calculated by first arriving at the value of economic output over a given period and then comparing it with the prior period. Answered Nov 24, 2016. The latest GDP figures for January-March 2017 show that for the first time since 2015, India trailed China on growth rate. This graph shows the Real GDP growth rate of the United States from 1990 to 2016. The united states has a growth of about 2% and India had a growth rate of 7.3%. See Also: GDP Growth ... Uttarakhand and Meghalaya has gdp growth rate between 9 The Gross Domestic Product (GDP) in India was worth 2263.52 billion US dollars in 2016. After overtaking China as the fastest growing big economy in the world in 2015, India has reported its lowest GDP growth rate in three years for the April-June quarter. Per capita income in India is 5350 PPP $ and that of US is 53750 PPP $. GDP of India 2016 - Know what is GDP of india for last 57 years with current India GDP growth rate percentage including the present India GDP per capita. What is India's GDP in 2016? Updated as of 2017. This graph shows the Real GDP growth rate of the United States from 1990 to 2016. The GDP value of India represents 3.65 percent of the world economy. India recorded a growth rate of 7.1 per cent during 2016-17 The GDP value of India represents 3.65 percent of the world economy. Explore expert forecasts and historical data on economic indicators across 195+ countries with CEIC. 2 Answers. Facts and statistics about the GDP - real growth rate of India. Skip to gdp growth of Indian states 2015, This list includes gsdp (gross state domestic product) growth of Indian states. ... What is the GDP growth rate In its update to the World Economic Outlook released in October, IMF projected India GDP growth rate at 6.6% for 2016-17 against its earlier estimate of 7.6%. India lost its fastest-growing major economy tag in the fourth quarter of 2016-17, with GDP growth coming in at 6.1% compared with Chinas 6.9% in the same period. The Gross Domestic Product (GDP) in Australia expanded 2.80 percent in the third quarter of 2017 over the same quarter of the previous year. Indias GDP or gross domestic product grew 5.7 per cent on a year-on-year basis during the April-June period (Q1), government data showed. Please update this article to reflect recent events or newly available information. Indian states by GDP Growth. GDP Annual Growth Rate in India grew to 6.30 percent from 5.70 percent and GDP Growth Rate went up to 1.40 percent from 1.30 percent in Q1 2017.