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 USD terms is...
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 India's economy grew at a rate of 8....
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...
Total goods and services trade made up nearly 50% of GDP in FY23, with exports at a multi-year high of ~23%, assuming an important role as a growth catalyst. Nominal goods exports are up 37% yoy in FY22-FY23 to a record high, compared to the pre-pandemic average in FY18-19. T...
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...
The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Gross Fixed Capital Formation: USD: Quarterly.CEIC converts quarterly Gross Fixed Capital Formation into USD. Ministry of Statistics and Programme Implementation provides Gross Fixed Capital Formation in lo...
YearNominal GDP (billions $)PPP GDP (billions Int. $)Nominal GDP capita ($)PPP GDP capita (Int. $)Growth (%) ChinaIndiaChinaIndiaChinaIndiaChinaIndiaChinaIndia 2023 17,758.05 3,567.55 34,540.88 14,619.78 12,597 2,497 24,503 10,233 5.250 8.153 2024 18,273.36 3,889.13 37,072.09 16,...
nominalGDPgrowthmaybecompensatedbyanincreaseinbuoyancycomparedtotheirrespectiveassumptions. 5.3Fiscaloutlook GoI’sVoteonAccountforFY25isexpectedtobepresentedon1February2024.Bythattime,GoIwillhaveaccesstomonthlyfiscaldatauptoDecember2023,thatisforthefirstthreequartersofFY24basedonCGAdata.At present,wehavedataforthe...
In 2025, India is set to surpass Japan as the world’s fourth-largest economy with a projected nominal GDP of US$ 4.33 trillion[1]. India’s export sector is booming, achieving US$ 437.1 billion in merchandise exports and US$ 341.1 billion in services exports in 2023-24. Key export sect...
GDP nominal is important for global dominance but GDP per capita is very important to improve the Quality of life .作为一个印度人,除非印度人均gdp超过英国,否则我是不会为此感到骄傲的,名义gdp对于世界主导地位非常重要,但人均gdp对生活质量的提高很重要EnvinyatarIt is practically an impossible goal to ...