#30 out of 87 in 2023 more credit (getty images) | overview of india capital new delhi region asia gdp per capita, ppp $10,176 gdp $3.55 trillion population 1,428,627,663 area 3,287,263 sq.km overview of india located in south asia, india sits on a peninsula that extends between ...
The Gross Domestic Product (GDP) in India was worth 3549.92 billion US dollars in 2023, according to official data from the World Bank. The GDP value of India represents 3.37 percent of the world economy. This page provides the latest reported value for
economic growth appears to be coming to an end, it might seem as if it's now India's turn to become the workshop of the world and enjoy the wealth that comes with that role. This would certainly fall in line with the Indian government's plan to have a $5 trillion economy by 2025...
As of 2024, India’s nominal GDP is approximately $3.94 trillion, making it the fifth-largest economy globally. The GDP growth rate for the fiscal year 2023-2024 is projected to be around 6.7%, driven by robust private consumption and investment supported by government policies aimed at improvi...
India's current economic situation is similar to China's in 2007. According to Moody's, India's economy has recently surpassed USD 3.5 trillion and is expected to exceed USD 3.7 trillion in 2023, similar to China's comparable economic size in the past. In terms of per capita income, ...
India is now the world’s fastest growing significant economy with yearly I growth rate more than 7.8% and GDP value of $2.5 trillion. With a population of 1.4 billion growing at about 1.5% each year, foreign exchange reserves are about $595 billion. The value of export and import is ove...
“That was headcount driven; today, it is mostly GDP per capita.” Multiple forecasts call for India’s economic output to grow from roughly $3.5 trillion today to $7 trillion or more by 2030. That outlook reflects the dramatic changes in India over the last decade. “One of the truths ...
GDP (current US$) 429.72 billion 3.55 trillion 2023 GDP per capita (current US$) 4,346.8 2,484.8 2023 GDP per capita growth (annual %) 4.3 6.7 2023 GDP growth (annual %) 5.0 7.6 2023 Unemployment, total (% of total labor force) (modeled ILO es...
India’s economic growth is underpinned by strong macroeconomic fundamentals that provide a stable foundation for future expansion. With 1.4 billionmostly young consumers, and aGDPof US$3.5 trillion thatgrew 7.8%in the first quarter of this year, India is on track to becoming the world’sthird-...
India’s economywas worth $3.7 trillion in 2023, making it the world’s fifth largest, having jumped four spots in the rankings during Modi’s decade in office. The South Asian giant’s economy is comfortably placed to expand at an annual rate of at least ...