GDP (purchasing power parity):
$4.042 trillion (2006 est.)
GDP (official exchange rate):
$796.1 billion (2006 est.)
GDP - real growth rate:
8.5% (2006 est.)
GDP - per capita (PPP):
$3,700 (2006 est.)
GDP - composition by sector:
agriculture: 19.9%
industry: 19.3%
services: 60.7% (2005 est.)
Labor force:
509.3 million (2006 est.)
Labor force - by occupation:
agriculture: 60%
industry: 12%
services: 28% (2003)
Unemployment rate:
7.8% (2006 est.)
Population below poverty line:
25% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 33.5% (1997)
Distribution of family income - Gini index:
32.5 (2000)
Inflation rate (consumer prices):
5.3% (2006 est.)
Investment (gross fixed):
29.2% of GDP (2006 est.)
Budget:
revenues: $109.4 billion
expenditures: $143.8 billion; including capital expenditures of $15 billion (2006 est.)
Public debt:
52.8% of GDP (federal and state debt combined) (2006 est.)
Agriculture - products:
rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish
Industries:
textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software
Industrial production growth rate:
7.5% (2006 est.)
Electricity - production:
630.6 billion kWh (2004)
Electricity - consumption:
587.9 billion kWh (2004)
Electricity - exports:
60 million kWh (2004)
Electricity - imports:
1.5 billion kWh (2004)
Oil - production:
785,000 bbl/day (2005 est.)
Oil - consumption:
2.45 million bbl/day (2004 est.)
Oil - exports:
350,000 bbl/day (2005 est.)
Oil - imports:
2.09 million bbl/day (2005 est.)
Oil - proved reserves:
5.6 billion bbl (2006 est.)
Natural gas - production:
28.2 billion cu m (2004 est.)
Natural gas - consumption:
30.83 billion cu m (2004 est.)
Natural gas - exports:
0 cu m (2004 est.)
Natural gas - imports:
2.63 billion cu m (2004 est.)
Natural gas - proved reserves:
853.5 billion cu m (1 January 2005 est.)
Current account balance:
$-26.4 billion (2006 est.)
Exports:
$112 billion f.o.b. (2006 est.)
Exports - commodities:
textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Exports - partners:
US 16.7%, UAE 8.5%, China 6.6%, Singapore 5.3%, UK 4.9%, Hong Kong 4.4% (2005)
Imports:
$187.9 billion f.o.b. (2006 est.)
Imports - commodities:
crude oil, machinery, gems, fertilizer, chemicals
Imports - partners:
China 7.3%, US 5.6%, Switzerland 4.7% (2005)
Reserves of foreign exchange and gold:
$165 billion (2006 est.)
Debt - external:
$132.1 billion (30 June 2006 est.)
Economic aid - recipient:
$2.9 billion (FY98/99)
Currency (code):
Indian rupee (INR)
Exchange rates:
Indian rupees per US dollar - 45.3 (2006), 44.101 (2005), 45.317 (2004), 46.583 (2003), 48.61 (2002)
Fiscal year:
1 April - 31 March
$4.042 trillion (2006 est.)
GDP (official exchange rate):
$796.1 billion (2006 est.)
GDP - real growth rate:
8.5% (2006 est.)
GDP - per capita (PPP):
$3,700 (2006 est.)
GDP - composition by sector:
agriculture: 19.9%
industry: 19.3%
services: 60.7% (2005 est.)
Labor force:
509.3 million (2006 est.)
Labor force - by occupation:
agriculture: 60%
industry: 12%
services: 28% (2003)
Unemployment rate:
7.8% (2006 est.)
Population below poverty line:
25% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 33.5% (1997)
Distribution of family income - Gini index:
32.5 (2000)
Inflation rate (consumer prices):
5.3% (2006 est.)
Investment (gross fixed):
29.2% of GDP (2006 est.)
Budget:
revenues: $109.4 billion
expenditures: $143.8 billion; including capital expenditures of $15 billion (2006 est.)
Public debt:
52.8% of GDP (federal and state debt combined) (2006 est.)
Agriculture - products:
rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish
Industries:
textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software
Industrial production growth rate:
7.5% (2006 est.)
Electricity - production:
630.6 billion kWh (2004)
Electricity - consumption:
587.9 billion kWh (2004)
Electricity - exports:
60 million kWh (2004)
Electricity - imports:
1.5 billion kWh (2004)
Oil - production:
785,000 bbl/day (2005 est.)
Oil - consumption:
2.45 million bbl/day (2004 est.)
Oil - exports:
350,000 bbl/day (2005 est.)
Oil - imports:
2.09 million bbl/day (2005 est.)
Oil - proved reserves:
5.6 billion bbl (2006 est.)
Natural gas - production:
28.2 billion cu m (2004 est.)
Natural gas - consumption:
30.83 billion cu m (2004 est.)
Natural gas - exports:
0 cu m (2004 est.)
Natural gas - imports:
2.63 billion cu m (2004 est.)
Natural gas - proved reserves:
853.5 billion cu m (1 January 2005 est.)
Current account balance:
$-26.4 billion (2006 est.)
Exports:
$112 billion f.o.b. (2006 est.)
Exports - commodities:
textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Exports - partners:
US 16.7%, UAE 8.5%, China 6.6%, Singapore 5.3%, UK 4.9%, Hong Kong 4.4% (2005)
Imports:
$187.9 billion f.o.b. (2006 est.)
Imports - commodities:
crude oil, machinery, gems, fertilizer, chemicals
Imports - partners:
China 7.3%, US 5.6%, Switzerland 4.7% (2005)
Reserves of foreign exchange and gold:
$165 billion (2006 est.)
Debt - external:
$132.1 billion (30 June 2006 est.)
Economic aid - recipient:
$2.9 billion (FY98/99)
Currency (code):
Indian rupee (INR)
Exchange rates:
Indian rupees per US dollar - 45.3 (2006), 44.101 (2005), 45.317 (2004), 46.583 (2003), 48.61 (2002)
Fiscal year:
1 April - 31 March
Posted in Labels: CIA FACTBOOK, ECONOMY