Economic Trivia

India has the third largest economy in terms of PPP in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): United States, China, and United Arab Emirates
Top 3 Exported Goods (2019): Oil & Mineral Fuels, Precious Stones & Metals, and Industrial Machinery

Top Industries Source: CIA World Factbook

Textiles; Chemicals; Food Processing; Steel

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $10,218,572,963,097 (2021)
GDP Growth Rate (annual %) 8.948% (2021)
GDP Per Capita, PPP (current international) $7,334 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 3/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.131% (2021)
External debt stocks, total (DOD, current US$) $564,179,014,212 (2020)
Total tax rate (% of commercial profits) 49.7% (2019)
Real Interest Rate (5 year average %) -0.824% (2021)
Manufacturing, value added (% of GDP) 14.07% (2021)
Current Account Balance (BoP, current US$) ($34,648,382,519) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 471,295,529 (2021)
Employment in Agriculture (% of total employment) 41.49% (2020)
Employment in Industry (% of total employment) 26.183% (2020)
Employment in Services (% of total employment) 32.327% (2020)
Unemployment Rate 5.978% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $725,551,019,456 (2021)
Exports of goods and services (current US$) $660,499,390,377 (2021)
Total Merchandise Trade (% of GDP) 30.501% (2021)
FDI, net inflows (BoP, current US$) $64,362,364,994 (2020)
Commercial Service Exports (current US$) $239,855,724,921 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, India’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank