The Indian Economy - Facts and Figures
Sunday, February 6, 2011
Here are some interesting facts and figures about the Indian Economy as of 2010 :-
By 2035 India will be the third largest economy just behind US and China.
- The 11th largest economy in terms of GDP of $1.43 trillion.
- 4th largest economy as of PPP of $4 trillion.
- Inflation rate - 8.43% as of December, 2010.
- Population still below poverty line - 37%.
- Workforce labor of approximately 500 million people, the 2nd largest.
- Unemployment - 9.4%.
- Exports of $210 billion last year, 17th largest.
- Imports of $327 billion last year, 11th largest.
- External debts of $237 billion.
- Foreign reserves of $300 billion.
- Ease of doing Business Rank - 134.
- Agricultural farm output 2nd largest in the world and employs 52% of the total workforce.
- The largest producer of milk, pulses and Jute.
- 2nd largest cattle population.
- 2nd largest producer of rice, wheat, sugarcane, cotton, silk, groundnuts and fresh fruits and vegetables.
- People without electricity - 600 million.
- 700 million people use mobile phones, 2nd largest.
- 3rd largest road network in the world.
- But, 65% of the workforce earns less than
By 2035 India will be the third largest economy just behind US and China.
