GDP of India 2016. India's economy is the twelfth largest in the world in terms of market exchange rates. Since liberalization of the economy in 1991, the economy has progressed towards a market-based system from a regulated and protected one. The country became the second fastest growing economy in the world in 2008.
The GDP figure in 2016 was $2,273,556 million, leaving India placed 7th in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in India rose $171,164 million with respect to 2015. The GDP per capita of India in 2016 was $1,717, $111 higher than in 2015, it was $1,606.
The economy of India is a developing mixed economy. It is the world's sixth- largest economy by nominal GDP and the third-largest India had $600 billion worth of retail market in 2015 and one of world's fastest growing e-commerce markets.
GDP in India is expected to be 2700.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India GDP is projected to trend around 3100.00 USD Billion in 2020, according to our econometric models.
The statistic shows GDP in India from 2012 to 2018, with projections up until 2022. In 2018, GDP in India was at around 2.69 trillion US dollars. 2016, 2,273.56.
The statistic shows the growth rate of the real gross domestic product (GDP) in India from 2010 to 2022. In 2017, India's GDP growth was at about 6.74 percent compared to the previous year. 2016, 7.11%. 2015, 8.16%. 2014, 7.41%.
GDP (Nominal) of India in 2018 is $2,6901 billion. with growth rate of 6.7 percent over the GDP for the year 2016-17 of 121.96 lakh crore INR.
Real GDP growth or Gross Domestic Product (GDP) growth of India at constant ( 2011-12) prices in the year 2016-17 is estimated at 7.11
India News: The Indian government said on Friday economic growth "The growth in GDP during 2016-17 is estimated at 7.1 per cent as
For the 2015-16 fiscal year ending in March, growth came in at 7.6 per cent, in line with the official India's Q4 GDP grows at stellar 7.9%.