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Economy of India. Statistics, Data and Indicators

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India
48BBB- Credit rank #62
122.09 Quality of life #47
85 Corruption rank#70
63 Ease of doing business#76
India


India Major Economic Indicators

Indicator Data Period
GDP Value 3385 USD Billion 2022
GDP Annual Growth Rate 7.8 % 2Q/23
GDP Growth Rate 1.9 % 2Q/23
GDP per capita 2085 USD 2022
Inflation Rate YoY 6.83 % Aug/23
Interest Rate 6.5 % Oct/23
Unemployment Rate 7.1 % 2023
Wages 272 INR/Day | 115.31 USD/Month 2014
Balance of Trade -24.2 USD Million | -0.024 B USD Aug/23
Current Account -9195 USD Million | -9.195 B USD 2Q/23
Foreign Exchange Reserves 586910 USD Million | 586.91 B USD Sep/23


GDP Indicators

Indicator Data Period
GDP Value 3385 USD Billion 2022
GDP Annual Growth Rate 7.8 % 2Q/23
GDP Growth Rate 1.9 % 2Q/23
GDP per capita 2085 USD 2022
Gross National Product 15646681 INR 10 Million | 1880.972 USD Billion 2022
GDP Constant Prices 40371 INR Billion | 485.322 B USD 2Q/23
GDP per capita PPP 7096 USD 2022
GDP From Agriculture  5139 INR Billion | 61.779 B USD 2Q/23
GDP From Construction  2984 INR Billion | 35.872 B USD 2Q/23
GDP From Manufacturing  6678 INR Billion | 80.28 B USD 2Q/23
GDP From Mining  876 INR Billion | 10.531 B USD 2Q/23
GDP From Public Administration  4747 INR Billion | 57.066 B USD 2Q/23
GDP From Utilities  927 INR Billion | 11.144 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 89.26 % 2021
Government Budget Value -642826 INR Billion | -7727.76 USD Billion Aug/23
Government Spending 4083 INR Billion | 49.084 USD Billion 2Q/23
Government Revenues 1028931 INR Billion | 12369.338 USD Billion Aug/23
Fiscal Expenditure  1671757 INR Billion | 20097.098 B USD Aug/23
Government Budget to GDP -6.44 % 2022
Government Spending to GDP 15.29 % 2022
Military Expenditure 81363 USD Million | 81.363 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 186 index points Aug/23
Export Prices 160 Index Points 2023
Food Inflation 9.94 % Aug/23
Gasoline Prices 1.16 USD/Liter Sep/23
GDP Deflator 173 index points 2023
Import Prices 157 Index Points 2023
Inflation Rate YoY 6.83 % Aug/23
Producer Prices 152 index points Aug/23
Inflation Rate Mom -0.05 % Aug/23
CPI Housing Utilities 176 Index Points Aug/23
CPI Transportation 166 Index Points Aug/23
Inflation Expectations 10.3 % 2Q/23
Producer Prices Change  -0.52 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -2.6 % 2022
Weapons Sales 11 USD Million 2022
Balance of Trade -24.2 USD Million | -0.024 USD Billion Aug/23
Capital Flows 8.05 USD Million | 0.008 USD Billion 2Q/23
Current Account -9195 USD Million | -9.195 USD Billion 2Q/23
Exports 34.48 USD Million | 0.034 USD Billion Aug/23
External Debt 629091 USD Million | 629.091 USD Billion 2Q/23
Foreign Exchange Reserves 586910 USD Million | 586.91 USD Billion Sep/23
Imports 58.64 USD Million | 0.059 USD Billion Aug/23
Terms of Trade  147 Index Points 2023
Tourist Arrivals 603985 Persons | 0.604 Million Persons Apr/23


Money Indicators

Indicator Data Period
Bank Lending Rate 10.1 % Sep/23
Gold Reserves 797 Tonnes 2Q/23
Interbank Rate 7.16 % Oct/23
Interest Rate 6.5 % Oct/23
Money Supply M1 56851 INR Billion | 683.437 USD Billion Jul/23
Money Supply M2 58157 INR Billion | 699.137 USD Billion Sep/23
Money Supply M3 233575 INR Billion | 2807.932 USD Billion Sep/23
Central Bank Balance Sheet 31282 INR Billion | 376.058 B USD Aug/23
Foreign Direct Investment 749 USD Million | 0.749 B USD Jul/23


Labor Indicators

Indicator Data Period
Retirement Age Men 60 2022
Retirement Age Women 60 2022
Unemployment Rate 7.1 % 2023
Wages 272 INR/Day | 115.31 USD/Month 2014
Youth Unemployment Rate 22.9 % 2021
Labor Force Participation Rate 48.5 % 2023
Living Wage Family 19400 INR/Month | 256.924 USD/Month 2018
Living Wage Individual 10300 INR/Month | 136.408 USD/Month 2018
Wages High Skilled 43200 INR/Month | 572.119 USD/Month 2018
Wages in Manufacturing 347 INR/Day | 102.98 USD/Month 2014
Wages Low Skilled  10900 INR/Month | 144.354 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 620 BBL/D/1K May/23
Industrial Production 5.7 % Jul/23
Mining Production 10.68 % Jul/23
Steel Production 11900 Thousand Tonnes Aug/23
Car Production 155806 Units | 155.806 Units Aug/23
Industrial Production (MoM) -1 % Jul/23


Business Indicators

Indicator Data Period
Business Confidence 132 index points 3Q/23
Corruption Index 40 index points 2022
Corruption Rank 85 place 2022
Ease of Doing Business 63 place 2019
Manufacturing PMI 57.5 index points Sep/23
Manufacturing Production 4.6 % Jul/23
Services PMI 61 index points Sep/23
Competitiveness Index 61.36 Index Points 2019
Competitiveness Rank 68 2019
Composite PMI 61 Index Points Sep/23


Consumer Indicators

Indicator Data Period
Consumer Confidence 88.1 index points 2Q/23
Consumer Spending 23126 INR Billion | 278.01 USD Billion 2Q/23
Disposable Personal Income 272995360 INR Million | 3281.825 B USD 2022
Households Debt To GDP 36.5 % 1Q/23


Housing Market

Indicator Data Period
Construction Output 12.1 % Aug/23