India's GDP growth rate rose to a pace of 7.8% y/y in the April-June quarter of 2023, compared with growth of 6.1% y/y in the January-March quarter of 2023, according to data released by India's National Statistical Office. The strong growth rate was despite high base ...
The acceleration of foreign direct investment inflows into India over the past decade reflects the favourable long-term growth outlook for the Indian economy, helped by a youthful demographic profile and rapidly rising urban household incomes. India's nominal GDP measured in ...
Nominal GDP (USD mn)873,666.0Mar 2023quarterlyJun 1996 - Mar 2023 Nominal GDP Growth (%)9.666Jun 2024quarterlyJun 1997 - Jun 2024 Private Consumption Expenditure (USD mn)559,662.883Jun 2024quarterlyJun 1996 - Jun 2024 Private Consumption: % of GDP (%)60.4Jun 2024quarterlyJun 1996 - Jun 202...
China has the world's highest GDP purchasing power parity of $25 trillion (2.5 times that of India) and the second highest nominal GDP of $12.5 trillion (5 times that of India). 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)。 T...
Investment: % of GDP (%) 32.8 Jun 2024 quarterly Jun 2004 - Jun 2024 Nominal GDP (USD mn) 873,666.0 Mar 2023 quarterly Jun 1996 - Mar 2023 Nominal GDP Growth (%) 9.666 Jun 2024 quarterly Jun 1997 - Jun 2024 Private Consumption Expenditure (USD mn) 559,662.883 Jun 2024 quarterly...
GDP growth rates at current prices in 2023-24 is 9.60%, India has recorded the 3rd lowest nominal growth rate since year 2003-04. In the 2011-12 series, the average growth rate in 1951-2024 stands at 5.04%, reaching an all-time high of 9.69% in 2021-22 and a record low of -5.78...
India is one of the fastest-growing economies in the world, driven primarily by its service, industrial, and agricultural sectors. It was projected to be the world’s fifth-largest economy in terms ofnominal gross domestic product (GDP)as of May 2024.1 ...
000croreandusingthebudgetedmagnitudeofnominalGDP,thefiscaldeficittoGDPratiomayincreasetocloseto6.1%.TheremaybefurtherpressureonthisnumberduetoaslippageinnominalGDPgrowthandanyshortfallinthebudgetedGTR.ThismaybereflectedinFY24RE.InFY25,theGoIshouldsignalamovementtowardsthestatedfiscaldeficittargetof4.5%ofGDPinFY26.If...
Gross Domestic Product (GDP) of India grew by 6.1 per cent in Jan-Mar 2023, surpassing the estimated growth rate of quarter 4 (Q4) of 2022-23 at 5.1 per cent by the Reserve Bank of India (RBI) and 5.5 per cent by SBI research. According to the Reuters poll, Indian economy was exp...
after overtaking the United Kingdom to become the fifth largest in the world on nominal GDP (US dollars) last year. Demographics are favourable, as the economy not only boasts of a younger median age compared to China, US, and Europe, but also a high working age population ratio which is...