Economy of Republic of India
| |
Rank
|
|
Currency
|
|
1 April – 31 March
|
|
Trade organizations
|
|
Statistics
|
|
| |
GDP growth
|
5.3% (Q2, 2012)[2]
|
GDP per capita
|
|
GDP by sector
|
agriculture: 17.2%,
industry: 26.4%, services: 56.4% (2011 est.)
|
WPI: 7.45% (Oct 2012)
CPI: 9.9% (Nov 2012) |
|
29.8% (2010)
(Note: 32.7% live on less than $1.25 a day and 68.7% live on less than $2 a day) |
|
36.8 (List of countries)
|
|
Labour force
|
487.6 million (2011
est.)
|
Labour force
by occupation |
agriculture: 52%,
industry: 14%, services: 34% (2009 est.)
|
Unemployment
|
9.4% (2011 est.)
|
Average gross salary
|
$1,410 yearly (2011)
|
Main industries
|
textiles, chemicals, food processing,steel, transportation equipment, cement,mining, petroleum,
machinery, software,pharmaceuticals
|
132nd (2012)
|
|
External
|
|
Exports
|
$299.4 billion (2011
est.)
|
Export goods
|
petroleum products,
precious stones, machinery, iron and steel, chemicals, vehicles, apparel
|
Main export partners
|
UAE 13%, US 11.4%,
China 6.3%, Singapore 5.3% (2011)
|
Imports
|
$461.4 billion (2011
est.)
|
Import goods
|
crude oil, raw
precious stones, machinery, fertilizer, iron and steel, chemicals
|
Main import partners
|
China 12.1%, UAE 8.3%,
Saudi Arabia 5.8%, US 5.1%, Switzerland 4.7% (2011)
|
$47 billion (2011-12)[8]
|
|
Gross external debt
|
$289.7 billion
(31 December 2011 est.)
|
Public finances
|
|
68.05% of GDP (2011
est.)
|
|
5.9% of GDP (2011–12)
|
|
Revenues
|
$196.4 billion
(2011 est.)
|
Expenses
|
$308.8 billion
(2011 est.)
|
Economic aid
|
$2.107 billion
(2008)
|
BBB- (Domestic)
BBB- (Foreign) BBB+ (T&C Assessment) Outlook: Stable (Standard & Poor's) |
|
Foreign reserves
|
$295.29 billion
(October 2012)[12]
|
The economy of India is the tenth-largest in the world by nominal GDP and the third largest by purchasing power parity (PPP).
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