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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). [58]
[8] [1] [11] Among others, India has also experienced an economic boom since the implementation of economic liberalisation in the early 1990s. [ 12 ] The first list includes estimates compiled by the International Monetary Fund 's World Economic Outlook, the second list shows the World Bank 's data, and the third list includes data compiled by ...
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.
“If you look at the GDP numbers ... India’s poised for about 8% growth this year ... The Indian government also raised its GDP growth outlook for fiscal year 2023-24 to 7.6% from 7.3% forecast ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The following lists summarise the GDP (nominal) of each continent by adding GDP (nominal) of each nation as per the seven-continent model, sorted by USD. The first list includes 2024 data estimates n1 for members of the International Monetary Fund.
INDIA Ranking/Total Countries Notes GDP growth rate: 20/132: 2023 – 7.8 [21] % Nominal GDP: 5/185: 2023 – US $3.74 trillion GDP (PPP) 3/189: 2023 – US$13.03 trillion Per capita GDP (nominal) 148/189: 2023 – US$2,127 Per capita GDP (PPP) 140/187: 2023 – US$7,500 tax revenue to GDP ratio: 109 / 180: 2022 – 10.8% of GDP Imports: 11/222 ...
The U.S. economy continued to grow at a significant rate at the end of 2023 despite high interest rates.