 |
Economy |
|
|
| GDP
- Real growth rate |
$3.022
trillion (2003) |
| GDP
- Per capita |
Purchasing
power parity - $2,540 (2003)
|
| GDP
- Composition by sector |
Agriculture:
25%
Industry: 25%
Services: 50% (2003) |
| GDP
per capita PPP US$ |
$2,900
(2003) |
Manufactured
exports
(as % of merchandise exports) |
77
(2003) |
| Total
debt service |
12.6
(2003) |
Electricity
consumption
per capita (kilowatt-hours) |
130
(2003) |
Traditional
fuel consumption
(as % of total energy use) |
20.7
(2003) |
| Population
below poverty line |
25%
(2003) |
| Inflation
Rate (consumer prices) |
4.6%
(2003) |
| Labor
Force |
406
million (2003)
Note: extensive export of labor, mostly to the Middle East |
| Labor
Force - By occupation |
Agriculture
60%, services 23%, industry 17% (2003) |
| Unemployment
Rate |
9.1%
(2003) |
| Industries |
textiles,
chemicals, food processing, steel, transportation equipment,
cement, mining, petroleum, machinery, software (2003) |
| Industrial
Production Growth Rate |
5%
(2003) |
| Electricity
- Production |
547.12
billion kWh (FY 2000-01, utilities only) (2003) |
| Agriculture
- Products |
rice,
wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle,
water buffalo, sheep, goats, poultry; fish (2003) |
| Exports |
$57.24
billion (2003) |
| Exports
- Commodities |
Textile
goods, gems and jewelry, engineering goods, chemicals, leather
manufactures (2003) |
| Exports
- Partners |
US
22.8%, Hong Kong 5.8%, Japan 5.3%, UK 5.3%, Germany 4.6% (2003) |
| Imports |
$74.15
billion (2003) |
| Imports
- Commodities |
Crude
oil, machinery, gems, fertilizer, chemicals (2003)
|
| Imports
- Partners |
Benelux
8.5%, US 8%, UK 6.2%, Japan 5.7%, Saudi Arabia 4.6% (2003) |
| Debt
- External |
$100.3
billion (2003) |
| Currency |
Indian
rupee (INR) |
| Currency
code |
INR
|
| Definitions |
Gross
domestic product (GDP)
The value of all goods and services produced domestically.
Purchasing
power parity (PPP)
The PPP method involves the use of standardized international
dollar price weights, which are applied to the GDP produced
in a given economy. The data derived from the PPP method provide
a better comparison of economic well-being between countries
than conversions at official currency exchange rates.
Gross national product (GNP)
The value of all goods and services produced domestically
plus income earned abroad, minus income earned by foreigners
from domestic production.
c.i.f.
cost, insurance, and freight
f.o.b.
free on board
Inflation is based on consumer prices
|
| Source:
www.worldbank.org/www.bbcworld.com/www.naco.nic.in |
Brief
Facts >> India
