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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [58]
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier.
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
The interim budget estimated that capital expenditure will rise 11.1%, to 11.11 trillion Indian rupees ($133.9 billion), in fiscal year 2025, while tax revenue for the year is expected to increase ...
Most projections for India’s future strength are based on two simple facts – that it has now surpassed China to become the most populous country in the world, and its $3 trillion economy ...
2024 GDP (nominal) in billions — Asia: 42.72 trillion: 1 China: 18.53 trillion [2] 2 Japan: 4.07 trillion [3] 3 India: 3.88 trillion [4] 4 Russia: 2.0 trillion 5 South Korea: 1.76 trillion 6 Indonesia: 1.47 trillion 7 Turkey: 1.3 trillion 8 Saudi Arabia: 1.11 trillion 9 Taiwan: 803.0 billion 10 Thailand: 548.9 billion 11 Israel: 530.6 billion 12
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
India population growth rate in the year 2021 was 1.09%. Area: 7 / 194 United Nations Statistics Division(UNSD) The area of India is 3,287,263 km square. Net migration (rate) 1 / 194: Micro Trends: The current net migration rate for India in 2020 is -0.369 per 1000 population, a 3.66% decline from 2019. [4] Net migrants: 2 / 194: World Bank