The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing in this Press Note the Second Advance Estimates (SAE) of National Income, 2022-23, Quarterly Estimates of GDP for the quarter October-December (Q3), 2022-23 along with its expenditure components
Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the year 2022-23 is estimated to attain a level of ₹ 159.71 lakh crore, as against the First Revised Estimate of GDP for the year 2021-22 of ₹ 149.26 lakh crore. The growth in GDP during 2022-23 is estimated at 7.0 percent as compared to that of 9.1 percent in 2021-22.
Nominal GDP or GDP at Current Prices in the year 2022-23 is estimated to attain a level of ₹ 272.04 lakh crore, as against ₹ 234.71 lakh crore in 2021-22, showing a growth rate of 15.9 percent.
GDP at Constant (2011-12) Prices in Q3 2022-23 is estimated at ₹40.19 lakh crore, as against ₹38.51 lakh crore in Q3 2021-22, showing a growth of 4.4 percent. GDP at Current Prices in Q3 2022-23 is estimated at ₹69.38 lakh crore, as against ₹62.39 lakh crore in Q3 2021-22, showing a growth of 11.2 percent.
Private Final Consumption Expenditure at Current Prices for Clothing and footwear.
| Year | Private Final Consumption Expenditure (₹ crore) | Percentage Share |
| 2011-12 | 3,11,547 | 6.3 |
| 2012-13 | 3,53,906 | 6.3 |
| 2013-14 | 4,60,752 | 7.1 |
| 2014-15 | 5,04,961 | 6.9 |
| 2015-16 | 5,82,256 | 7.1 |
| 2016-17 | 6,14,007 | 6.7 |
| 2017-18 | 6,54,033 | 6.5 |
| 2018-19 | 7,11,433 | 6.3 |
| 2019-20 | 7,30,257 | 5.9 |
| 2020-21 | 6,60,992 | 5.4 |
| 2021-22 | 8,74,322 | 6.1 |
These insights are based on a forecast from National Statistical Office
