Economy of India
| Currency |
1 Indian Rupee (INR) (?) = 100 Paise |
| Fiscal year |
April 1–March 31 |
| Trade organizations |
WTO, SAFTA |
Statistics
| GDP (PPP) |
$4.726 trillion (PPP) (2007 est.)
$1,089.94 billion (nominal) (2007)
|
| GDP growth |
9.7% (2005/06) |
| GDP per capita |
$964 (nominal); $4,182 (PPP) |
| GDP by sector agriculture |
19.9%, industry: 19.3%, services: 60.7% (2006 est.)
|
| Inflation (CPI) |
5.3% (2006 est.) |
Population
below poverty line
|
25% (2002 est.) |
| Labour force |
509.3 million (2006 est.) |
Labour force
by occupation
|
agriculture 60%, industry: 12%, services: 28% (2003)
|
| Unemployment |
7.8% (2006 est.) |
| Main industries |
textiles, chemicals, food processing, steel, transportation
equipment, cement, mining, petroleum, machinery, software
|
Trade
| Exports |
$125 billion (Financial Year 2006-2007)
|
| Export goods |
textile goods, gems and jewelry, engineering goods,
chemicals, leather manufactures |
| Main export partners |
US 18%, China 8.9%, UAE 8.4%, UK 4.7%, Hong Kong 4.2%
(2005) |
| Imports |
$187.9 billion f.o.b. (2006 est.) |
| Import goods |
crude oil, machinery, gems, fertilizer, chemicals |
| Main import partners |
China 7.2%, US 6.4%, Belgium 5.1%, Singapore 4.7%, Australia
4.2%, Germany 4.2%, UK 4.1% (2005) |
Public finances
| Public debt |
$132.1 billion (2006 est.) |
| Revenues |
$109.4 billion (2006 est.) |
| Expenses |
$143.8 billion; including capital expenditures of $15
billion (2006 est.) |
| Economic aid |
recipient: $2.9 billion (FY98/99) |
|
