Share of oil and gas sector profits to GDP 2003-2018

Published by
Manya Rathore,
Nov 2, 2023
As of 2018, the ratio of profits from the oil and gas sector to India's GDP was around 0.66 percent. The sector saw a drastic fall profit contribution from 1.17 percent in 2008 to 0.60 percent in 2013. However the large public sector undertakings in this sector ensure that its contribution to the economy will still be significant.

Ratio of profits from the oil and gas sector to the GDP in India from 2003 to 2018

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Release date

January 2019

Region

India

Survey time period

2003 to 2018

Special properties

data represents corporate sector only

Supplementary notes

Note: The source has used the NIFTY-500 index as a proxy for corporate earnings since it contributes to 93 percent of India's market-cap.

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