← GlossaryEconomy
Gross Value Added (GVA)
GVA measures the value of goods and services produced by each sector, such as agriculture, manufacturing and services, minus the cost of inputs. GDP equals GVA plus product taxes minus product subsidies.
Why It Matters
GVA is the best way to see which parts of the economy are actually growing.
In India
In April–June 2026, India’s GVA grew 8.2%, with services up about 10% and agriculture only 2.9%.
Related Terms