GDP per capita growth of IndiaGrowth rate (%)-10-10-50510L1961196519691973197719811985198919931997200120052009201320172021YearProjections by IMF YearGDP Growth rate(%) 2023 8.153 2024 7.021 2025 6.461 2026 6.470 2027 6.480 2028 6.489 2029 6.498Estimates...
India’s share of global gross domestic product (GDP) rose to 7.93 percent in 2023 when adjusted for purchasing power parity (PPP) and was projected to increase to 9.66 percent by 2029. This reflects the growth of India’s economy, which is helped in this ranking by the low purchasing pow...
2028 23,319.72 5,723.29 46,428.14 22,143.71 16,617 3,837 33,084 14,845 3.365 6.489 2029 24,589.67 6,307.19 48,836.35 24,015.14 17,546 4,195 34,848 15,973 3.293 6.498 Estimates by World Bank YearNominal GDP (billions $)PPP GDP (billions Int. $)Nominal GDP capita ($)PPP GDP cap...
GDP growth rate compared to previous year3.87%3.87%-5.78%-5.78%9.69%9.69%6.99%6.99%8.15%8.15%7.02%7.02%6.46%6.46%6.47%6.47%6.48%6.48%6.49%6.49%6.5%6.5%2019202020212022202320242025*2026*2027*2028*2029* -7.5%-5%-2.5%0%2.5%5%7.5%10%12.5% Additional Information © Statista 2024 Show source ...
Methodology for ranking richest countries in the world Gross Domestic Product (GDP) measures the total value of goods and services produced in a country. By dividing this number by the number of full-time residents, we get an idea of the general populace’s wealth. However, a more precise ...
However, it is forecasted that the country will need around 189 civil aircraft in 2028. By 2035, it was predicted that India's passenger growth would total 442 million, with the aviation sector sustaining 19.1 million jobs and generating USD 172 billion in GDP. To accommodate this fast-...
The GDP of India has a direct relation to the consumption of resources which is directly proportional to the population. Thus choosing sustainable practices within economic models and framing the policies by opting for efficient strategies will positively impact the economy (Priyadarshini & Abhilash, ...