The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). The country ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of 2018.
The Gross Domestic Product (GDP) in India was worth 2597.49 billion US dollars in 2017. The GDP value of India represents 4.19 percent of the world economy.
In 2018, GDP in India was at around 2.69 trillion US dollars. See figures on India's economic growth here, and the Russian GDP for comparison.
Ind-Ra, a Fitch Group company, expects gross domestic product (GDP) growth to be a "tad higher" at 7.5 per cent in fiscal 2019-20.
In 2017, India's real gross domestic product (GDP) growth was at about 6.74 percent compared to the previous year. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country.
France has reclaimed the spot of the sixth largest economy in the world, pushing India to the seventh spot again. As per IMF's October numbers,
This is the Nominal GDP value adjusted by a certain factor. This adjusted GDP value is called Real GDP. India ranks 3rd largest GDP in terms of Real GDP.
NEW DELHI: The country's GDP (gross domestic product) growth slowed to 7.1 per cent in the September quarter (2018-19) from 8.2 per cent in
India's economy grew at an impressive 8.2 per cent in the first quarter of 2018-19 financial year ending June 30 on the back of a strong core
Gross Domestic Product of India grew 1.5% in the third quarter of 2018 compared to the previous quarter. This rate is 3 -tenths of one percent "} less than the