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 Mumbai, Maharashtra is considered the financial
capital of India.
 Currency : Indian rupee 1Rs = 100pa
 Fiscal year : 1 April -31 March
 Trade organizations: WTO, SAFTA, BRICS, G-
20, East Asia Summit,
G8+5, SAARC, AIIB, BIMSTEC, RCEP, IMF, Worl
d Bank, SCO, United Nations
 GDP $2.454 trillion (nominal; 2017)
$9.489 trillion (PPP; 2017)
 GDP rank 6th (nominal); 3rd (PPP)
 GDP growth 7.2% (2017,IMF)
 GDP per capita $1,850 (nominal est.; 2017)
$7,153 (PPP est.; 2017)
 GDP per capita rank 141st (nominal) / 123rd (PPP)
 GDP by sector Agriculture: 17.32%
Industry: 29.02%
Services: 53.66% (2016 est.)
 Inflation (CPI) 1.54% (June 2017)
 Base borrowing rate 6.50% (as on 28 July 2017)
 Population below poverty line 12.4% of population below
the poverty line of $1.90/day
(2011–12, World Bank)
 Human Development Index 0.624 (2015) medium (131st )
 Labour force 513.7 million (2016 est.)
 Labour force by occupation Agriculture: 47%
Industry: 22%
Services: 31% (FY 2014 est.)
 Unemployment 4.9% Urban
5.1% Rural
5.0% National
(2016, Labour Bureau)
 Average gross salary GNI per capita (PPP): $6,490 yearly
per person (2016);
Average household income: $8,671 yearly (2011)
 Main industries software, petroleum
products, chemicals, pharmaceuticals, agriculture, textiles,
steel, transportation
equipment, machinery, leather, cement, mining, construction
Exports $276.28 billion (FY 2016-2017)
Export goods
 Precious metals (14%)
 Textiles (14%)
 Chemical products (14%)
 Minerals (12%)
 Machines (9%)
 Metals (8.1%)
 Transportation (7.6%)
 Vegetables (5.9%)
 Other (15.4%)
Main export partners
 European Union (17.01%)
 United States (15.32%)
 United Arab Emirates (11.33%)
 ASEAN (11.24%)
 Hong Kong (5.12%)
 China (3.69%)
 Singapore (3.46%)
Import goods
 Crude oil (18%)
 Machines (18%)
 Minerals (10%)
 Chemical products (9.8%)
 Gold (9.6%)
 Metals (6.9%)
 Diamonds (4.7%)
 Plastics (3.7%)
 Transportation (3.7%)
 Other (15.6%)
Main import partners
 China (15.94%)
 European Union (11.02%)
 ASEAN (10.57%)
 United States (5.81%)
 United Arab Emirates (5.59%)
 Saudi Arabia (5.18%)
 Switzerland (4.48%)
 South Korea (3.27%)
 FDI stock Inward: $318.50 billion
Outward: $144.13 billion (2016)
 Current account 1.1% of GDP ($22.1 billion) (2015–16)
 Gross external debt $471.9 billion (31 March 2017)
 Net international investment position -$392.9 billion
(as of March 2017)
 Public debt 65.55% of GDP (2017, IMF)
 Revenues ₹35.41 trillion (US$550 billion) (2017, IMF)
 Expenses ₹46.25 trillion (US$720 billion) (2017, IMF)
 Economic aid $3.16 billion (2015)
 Credit rating BBB− (Domestic)
BBB− (Foreign)
BBB+ (T&C Assessment)
Outlook: Stable
 Foreign reserves $393.613 billion
(as on 11 August 2017)

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Indian economy

  • 1.
  • 2.  Mumbai, Maharashtra is considered the financial capital of India.  Currency : Indian rupee 1Rs = 100pa  Fiscal year : 1 April -31 March  Trade organizations: WTO, SAFTA, BRICS, G- 20, East Asia Summit, G8+5, SAARC, AIIB, BIMSTEC, RCEP, IMF, Worl d Bank, SCO, United Nations
  • 3.  GDP $2.454 trillion (nominal; 2017) $9.489 trillion (PPP; 2017)  GDP rank 6th (nominal); 3rd (PPP)  GDP growth 7.2% (2017,IMF)  GDP per capita $1,850 (nominal est.; 2017) $7,153 (PPP est.; 2017)  GDP per capita rank 141st (nominal) / 123rd (PPP)  GDP by sector Agriculture: 17.32% Industry: 29.02% Services: 53.66% (2016 est.)
  • 4.  Inflation (CPI) 1.54% (June 2017)  Base borrowing rate 6.50% (as on 28 July 2017)  Population below poverty line 12.4% of population below the poverty line of $1.90/day (2011–12, World Bank)  Human Development Index 0.624 (2015) medium (131st )
  • 5.  Labour force 513.7 million (2016 est.)  Labour force by occupation Agriculture: 47% Industry: 22% Services: 31% (FY 2014 est.)  Unemployment 4.9% Urban 5.1% Rural 5.0% National (2016, Labour Bureau)  Average gross salary GNI per capita (PPP): $6,490 yearly per person (2016); Average household income: $8,671 yearly (2011)
  • 6.  Main industries software, petroleum products, chemicals, pharmaceuticals, agriculture, textiles, steel, transportation equipment, machinery, leather, cement, mining, construction
  • 7. Exports $276.28 billion (FY 2016-2017) Export goods  Precious metals (14%)  Textiles (14%)  Chemical products (14%)  Minerals (12%)  Machines (9%)  Metals (8.1%)  Transportation (7.6%)  Vegetables (5.9%)  Other (15.4%)
  • 8. Main export partners  European Union (17.01%)  United States (15.32%)  United Arab Emirates (11.33%)  ASEAN (11.24%)  Hong Kong (5.12%)  China (3.69%)  Singapore (3.46%)
  • 9. Import goods  Crude oil (18%)  Machines (18%)  Minerals (10%)  Chemical products (9.8%)  Gold (9.6%)  Metals (6.9%)  Diamonds (4.7%)  Plastics (3.7%)  Transportation (3.7%)  Other (15.6%)
  • 10. Main import partners  China (15.94%)  European Union (11.02%)  ASEAN (10.57%)  United States (5.81%)  United Arab Emirates (5.59%)  Saudi Arabia (5.18%)  Switzerland (4.48%)  South Korea (3.27%)
  • 11.  FDI stock Inward: $318.50 billion Outward: $144.13 billion (2016)  Current account 1.1% of GDP ($22.1 billion) (2015–16)  Gross external debt $471.9 billion (31 March 2017)  Net international investment position -$392.9 billion (as of March 2017)
  • 12.  Public debt 65.55% of GDP (2017, IMF)  Revenues ₹35.41 trillion (US$550 billion) (2017, IMF)  Expenses ₹46.25 trillion (US$720 billion) (2017, IMF)  Economic aid $3.16 billion (2015)  Credit rating BBB− (Domestic) BBB− (Foreign) BBB+ (T&C Assessment) Outlook: Stable  Foreign reserves $393.613 billion (as on 11 August 2017)