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Saturday 6 January 2018

Gross domestic growth(GDP) and GROSS VALUE ADDED(GVA) Growth rates


GDP Growth Rates:-
Year                      Growth Rate
2014-2015.            7.5%
2015-2016.            8%
2016-2017.            7.1%
2017-2018.            6.5%

GVA Growth Rates:-
Year.                      Growth Rate
2014-2015.            7.2%
2015-2016.            7.9%
2016-2017.            6.6%
2017-2018.            6.1%

GVA Growth in the current financial year ending 31 March 2018:-
                                                                 
Agriculture,foresty and fishing.         2.1%
Manufacturing sector growth.           4.6%

Difference between GVA and GDP Growth is. 0.4%

Capital Formation Growth      26.4% (2017-2018)




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