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
GDP Rank
- 5th (nominal)
- 3rd (PPP)
Forex Reserve
$701.1 Billion
Debt
82.5% of GDP
Inflation
4.5%(2024)
Gold Reserve
840MT
GDP(Global Share)
7.86%
Unemployment
7.6%
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
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