Economy of India

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

  • $3.94 Trillion (nominal)
  •  $16.02 Trillion(PPP)

6.8%(2024)

  • $2,710(nominal)
  • $11,110(PPP)
  • 5th (nominal) 
  • 3rd (PPP)

Forex Reserve

$701.1 Billion

Debt

82.5% of GDP

Inflation

4.5%(2024)

Gold Reserve

840MT

Account balance

-$44.56 Billion

Net borrowing

7.8% of GDP

Govt revenue

19.39% of GDP

Government expenditure

28.62% of GDP

Interest Payment

5.19% of GDP

Explore

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