Economy of India is one of the largest and fastest growing in the world. India’s GDP ranks as the 5th largest globally, valued around $3.5 trillion, with growth rates between 6-7% in recent years. Indian Economy soon to be the third largest only behind China and the USA.
Economy
Account balance
-$44.56 Billion
28.62% of GDP
Net borrowing
7.8% of GDP
Govt revenue
19.39% of GDP
Government expenditure
Interest Payment
5.19% of GDP
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India’s Growth story, 1960 to 2025
India’s GDP growth has been phenomenal at 7.2 percent in the fiscal year 2022-23, making …