India Economy
Back to Economic Data Main PageWith the second-highest population in the world, the country of India has the world's eleventh-largest nominal GDP, at around $1.676 trillion USD. With an annual GDP growth rate of around 5.8% over the last twenty years, India statistically is one of the world's fastest growing economies, and is also the world's third largest in terms of Purchasing Power Parity (PPP). Making up over 55% of the country's GDP, the service industry remains the largest sector of India's economy, services that include telecommunications, information technology, and an emerging automotive industry. Despite its continuous economic advances and high-ranking nominal economic status, the country's GDP per capita, at $3400 per person, is 140th largest in the world.
Major India Indicators
| Period | Value | % Chg Prev | |
|---|---|---|---|
| Components of GDP (View all 1) | |||
| India Exports of Goods and Services (NSA) | 2017 | 497.82B USD | 13.23% |
| India Imports of Goods and Services (NSA) | 2017 | 582.79B USD | 21.37% |
| Employment (View all 1) | |||
| India Unemployment Rate (NSA) | 2018 | 2.55% | -0.23% |
| Energy (View all 1) | |||
| India Gas Rig Count | Mar 2020 | 23.00 | 9.52% |
| Government Assets and Liabilities (View all 1) | |||
| India General Government Gross Debt Outlook (NSA) | 2024 | 65.60% of GDP | -0.91% |
| International Transactions (View all 1) | |||
| India Exports of Goods and Services (NSA) | 2017 | 497.82B USD | 13.23% |
| India Imports of Goods and Services (NSA) | 2017 | 582.79B USD | 21.37% |
| Personal Income and Spending (View all 1) | |||
| India GINI Index (NSA) | 2011 | 35.70 | |
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