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India’s GDP has shown consistent growth since independence.

This has
been backed by increasing investment and savings rate in the country

Gross Domestic Savings Rate ,1951 -2008 (% Rate of Gross Domestic Capital Formation,1951 -
40 GDP) 40 2007 (% GDP)
~ 35%
30 30
~ 36%

20 20

10 10

0 0
1951 2008 1951 2008
Gross Domestic Saving and GDCF are rates as percentage to GDP at
current market prices
Source: RBI
Average annual GDP decadal growth rate (at
Annual GDP Growth Rate (at constant constant prices) 7.2

prices)
9.4 9.6 5.59 5.69
8.5 8.7
7.5
6.1 6.4 3.95
5.5 3.59
2.95

2.3 2.2 2.6


E

*
P
2

E*
Q
-5

-6

-6

-7

-9

-0

-0

-0

50's 60's 70's * 80's 90's 00's **


-0
51

59

68

78

89

99

03

04

8R
-0
05
19

19

19

19

19

19

20

20

*Fall is due to -5.2 annual growth rate observed in 1979-80


-0
06
20

07
20

Source: RBI
20

** Till 2007-08 only

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