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The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [62]
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
From FY 1951 to FY 1979, the economy grew at an average rate of about 3.1 percent a year, or at an annual rate of 1.0 percent per capita. [177] During this period, industry grew at an average rate of 4.5 per cent a year, compared with 3 per cent for agriculture. [178] [179] Real GDP per capita grew 59 per cent during 1950–77.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
The survey projects India's growth at 6–6.5% in the next fiscal year starting from 1 April 2020. [18] The survey provides facts to show that India's GDP figures are genuine. [13] The industrial growth for the current year has been listed as 2.5% while the agricultural growth is 2.8%. [18] Total formal employment has increased from 2011–12.
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology.
11. A memory phone can store photos with names and contact information. 12. Puzzles and activity books stimulate the brain and promote cognitive sharpness.. 13. Card games and board games ...
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.