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...
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...
“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 ...
Along with its enormous potential, India has some possible pitfalls: Workforce imbalance: Nearly half of India's labor force works in agriculture6—a fact that has restrained the country's output per worker. The sector contributes around 15% to India's GDP versus 19% from manufacturing, which...
Government Debt: % of GDP (%) 58.3 Jun 2024 quarterly Mar 2012 - Jun 2024 Forecast: Government Expenditure (INR bn) 151,611.822 2030 yearly 1989 - 2030 Forecast: Government Net Debt (INR bn) 423,251.563 2030 yearly 1992 - 2030 Forecast: Government Revenue (INR bn) 115,871.308 2030...
中国拥有世界上最高的GDP购买力平价25万亿美元(是印度的2.5倍)和第二高的名义GDP 12.5万亿美元(是印度的5倍)。 The People's Bank of China has assets worth $3.21 trillion, which is larger than our GDP. 中国人民银行拥有价值3.21万亿美元的资产,比我们的GDP还大。
When the comparison is done using other inequality indices, the gap between both countries in the ratio of income and expenditure inequality is even larger (Table A7). Expenditure is generally more equally distributed in India than in China because the expenditure shares are slightly higher at ...
Third, providing incentives, which are targeted, time bound, and conditional, and reduce the cost disadvantage India faces in comparison with other outperforming emerging economies.The construction sector has the potential to more than double its GDP to $550 billion, from $250 billion in 2020. In...
Citation formats View options Other statistics on the topicIndia International Largest countries in the world by area International Inflation rate in India 2029 Politics & Government Countries with the highest military spending 2023 International Gross domestic product (GDP) in India 2029Access...
Government Debt: % of GDP (%) 58.3 Jun 2024 quarterly Mar 2012 - Jun 2024 Forecast: Government Expenditure (INR bn) 151,611.822 2030 yearly 1989 - 2030 Forecast: Government Net Debt (INR bn) 423,251.563 2030 yearly 1992 - 2030 Forecast: Government Revenue (INR bn) 115,871.308 2030...