Wednesday, 9 January 2013

Economy of Republic of India


Rank
10th (nominal) / 3rd (PPP)
Currency
1 Indian Rupee (INR) (INR) = 100 Paise
1 April – 31 March
Trade organizations
WTO, SAFTA, G-20 and others
Statistics
$1.847 trillion (nominal: 10th; 2011)[1]
$4.530 trillion (PPP: 3rd; 2011)
GDP growth
5.3% (Q2, 2012)[2]
GDP per capita
$1,514 (nominal: 139th; 2011)[1]
$3,652 (PPP: 125th; 2011)[1]
GDP by sector
 agriculture: 17.2%, industry:   26.4%, services: 56.4% (2011    est.)
 WPI: 7.45% (Oct 2012)
 CPI: 9.9% (Nov 2012)
Population
below
 poverty line
 29.8% (2010)
 (Note: 32.7% live on less than    $1.25 a day and 68.7% live on      less than $2 a day)
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)
FDI stock
$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]
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in
 US dollars
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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