Indian Economy - GDP

The economy of India is a mixed developing economy.It will be the world's sixth-largest economy
by nominal GPP and third largest by PPP. The country ranks 141st in capita GDP (nominal) with
$1723. Furthermore 123rd , per capita gdp (PPP) for $6,616 as for 2016.

In FY 15 and 17 India’s economy was the fastest growing economy in the world surpassing
China.

The long haul Growth prospective of the indian economy will be sure because of its young
population, relating low dependency ratio, sound savings and investment rates, and increasing
integration into the world economy.

In 2015 -16 India topped World banks growth outlook for the first time, throughout which the
economy grew 7. 6% and declined to 7. 1% in 2016–17.

In the second quarter of 2017 the Indian GDP grew 5.7 percent year-on-year, which is well below
6.1 percent in the previous period and the market expectations of 6.6 percent.

It is the weakest growth rate seen since second quarter of 2014 mainly due to ease in
manufacturing and production.

5 Year Historical Data of Indian GDP

1 Year Historical Data of Indian GDP

Forecasted GPD Growth Rate

Main Components of Indian GDP

India GDP Last Q3/17 Q4/17 Q1/18 Q2/18 2020

GDP Growth Rate 1.5 1.6 1.5 1.7 1.6 1.3

GDP Annual Growth Rate 5.7 7 7.1 6.9 6.7 5.7

GDP 2264 2340 2340 2350 2500 3100

GDP Constant Prices 31101 35000 36200 39600 39600 48500

Gross National Product 12034713 11655294 11830552 11785169 11739785 11344072

Gross Fixed Capital Formation 9275 8850 9350 9415 9474 11000

GDP per capita 1862 2000 2000 2500 2500 3500

GDP per capita PPP 6093 6100 6100 6500 6500 7000

GDP From Agriculture 3897 3244 5493 4512 3912 4130

GDP From Construction 2339 2288 2282 2281 2281 2530

GDP From Manufacturing 5131 5139 4960 5437 5243 4620

GDP From Mining 859 950 960 837 837 925

GDP From Public Administration 3494 3581 3496 3579 3498 3506

GDP From Utilities 653 614 620 644 643 713

Sources

1) https://en.wikipedia.org/wiki/Economy_of_India
2) https://tradingeconomics.com/india/gdp-growth-annual/forecast