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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%.
Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
Location of India. India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.4 billion people), [a] and the most populous democracy in the world. The Indian economy is the world's fifth largest by nominal GDP and third largest by purchasing power parity.
United States: North America: 311 2024 [13] 5.0 49 Uttar Pradesh: State India: Asia: 305 2023-24 [25] 235.7 1.3 Western Australia: State Australia: Australia: 302 2023 [12] 2.9 104 Guizhou: Province China: Asia: 300 2022 [3] 38.6 8 Alberta: Province Canada: North America: 299 2021 [26] 4.4 67 Kentucky: State United States: North America: 285 ...
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company 's outstanding shares .
Indian States by GDP (Purchasing power parity) [1] Rank State/Union territory 2018-19 in Billion (USD) 1 Maharashtra: $1,353.831 2 Tamil Nadu: $820.652 3 Karnataka: $758.01 4 Gujarat: $738.039 5 Uttar Pradesh: $722.644 6 West Bengal: $561.150 7 Rajasthan: $469.068 8 Andhra Pradesh: $454.167 9 Telangana: $423.176 10 Madhya Pradesh: $408.822 11 ...
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]
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 the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...