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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]
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 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 ...
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 ...
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.
The following list sorts sovereign states and dependent territories and by the total number of deaths. Figures are from the 2024 revision of the United Nations World Population Prospects report, for the calendar year 2023.
The U.S. economy continued to grow at a significant rate at the end of 2023 despite high interest rates.
Goa had the highest per capita PPP GDP at US$14,903, while Bihar the lowest with per capita PPP GDP of US$682 as of 2015 [12] In rupee terms, India's per capita income grew by 10.4% to reach Rs.74,920 in 2013–14. While India's per capita incomes were low, the average household size and consequent household incomes were higher.