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...
Economic Growth (Nominal GDP, ann. var. %) 6.4 -1.2 18.9 14.2 9.6 Agriculture (ann. var. %) 6.2 4.0 4.6 4.7 1.4 Services (ann. var. %) 6.4 -8.4 9.2 10.0 7.6 Latest Global GDP News 2-Dec-24 Serbia: GDP grows at softest pace in over a year in Q3 2024 Economic growth ...
India’s GDP grew by 6.7% year over year in the first quarter of fiscal 2024 to 2025 (that is, the quarter from April to June 2024), aligning with our projected range of 6.5% to 6.7%.6 Although this marks the slowest growth in five quarters, the Indian economy showed resilience, espe...
Top 20 happiest countries in the world in 2024 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 gene...
9364$ billion higher GDP (PPP) ? $13104 billionvs$3740 billion 2 higher Corruption Perceptions Index (CPI) ? 40vs38 5.1 lower Gini Index ? 32.8vs37.9 2.05x higher real GDP growth rate ? 7.58%vs3.69% Scroll down for more details
Projections by IMF YearNominal GDP (billions $)PPP GDP (billions Int. $)Nominal GDP capita ($)PPP GDP capita (Int. $)Growth (%) ChinaIndiaChinaIndiaChinaIndiaChinaIndiaChinaIndia 2023 17,758.05 3,567.55 34,540.88 14,619.78 12,597 2,497 24,503 10,233 5.250 8.153 2024 18,273.36 3,...
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...
The finance minister, however, stressed that 4.5 percent growth, the last set of figures on the gross domestic product (GDP), relate to the three months ending September. The government started announcing steps to revive the economy in August-September, she said. ...
by 9.1% in the first year and 7.2% in the second. Although it is currently facing difficult economic headwinds, with inflationary expectations remaining elevated due to the surge in food and energy prices, theIMFis expecting India to register real GDP growth of 6.3% in both 2023 and 2024. ...
Agriculture was once India’s main source of revenue and income but it fell to approximately 17.59% of the country’s GDP by April 2024.5Analysts have pointed out that this fall should not be equated with a decrease in production. It reflects the large increases in India’s industrial and se...