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General profile: India

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
1 438.070 Millions
..
3 581 560 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 2 973 190 km²
5.38 %
6.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-4.8 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
99 616
226 351
267 951
431 574
Merchandise imports
142 870
350 233
394 131
672 231
Merchandise trade balance
-43 254
-123 881
-126 180
-240 657
Export structure by product group in 2023
(as % of total exports)
6 %6 %59 %59 %21 %21 %4 %4 %11 %11 %
Top 5 partners in 2023
(exports, millions of US$)
75 80533 02123 10816 24512 48075 80533 02123 10816 24512 480
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
52 179
117 068
156 278
337 542
Services imports
(e) 60 636
(e) 114 928
(e) 123 567
(e) 246 495
Services trade balance
(e) -8 457
(e) 2 140
(e) 32 711
(e) 91 047
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
12.5
11.3
9.2
8.7
Travel
14.4
12.4
13.4
9.5
Other services
73.1
(e) 76.3
(e) 77.2
(e) 81.3
TRADE INDICES
More data on UNCTADstat
1171061181091171111111071009690818274605547438881911039896100105100929088889193808084
ECONOMIC TRENDS
More data on UNCTADstat
+6.7 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
823 612
1 669 620
2 146 759
3 581 560
GDP per capita, current US$
713
1 343
1 617
2 491
Real GDP growth, y-on-y, %
7.92
8.50
8.00
6.70
Current account balance, % of GDP
-1.25
-3.27
-1.05
-0.84
Exchange rate (/US$)
44.100
45.726
64.152
..
GDP by expenditure in 2022
(as % of total GDP)
60.610.331.022.826.460.610.331.022.826.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
7 621.77
27 417.08
44 064.10
28 163.26
FDI outflows
2 985.49
15 947.43
7 572.42
13 341.09
Personal remittances, % of GDP
2.69
3.20
3.21
..
Financial flows trends
(millions of US$)
111 221.889 375.283 149.283 332.178 790.268 967.262 744.468 909.770 388.669 970.468 820.562 499.153 480.049 204.049 977.337 216.828 333.622 125.118 750.420 999.215 735.714 273.012 883.528 16349 38044 76364 07250 55842 15639 90444 48144 06434 58228 19924 19636 19027 41735 63447 10225 35020 3287 6225 7784 3215 6305 4783 588FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
(e) -4.95
(e) -7.61
(e) -4.86
(e) -4.31
Balance, % of imports
(e) -20.87
(e) -26.76
(e) -19.58
(e) -16.66
Normalized balance
(e) -0.117
(e) -0.154
(e) -0.109
(e) -0.091
Trade openness²
(sum of imports and exports as % of GDP)
47504538434542414553565856494756454642
LIVING AREA
Population by living area in 2023
(% of population)
Urban 36%Urban 36%Rural 64%Rural 64%
OTHER INDICATORS
More data on UNCTADstat
0.796 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
12 347
14 970
15 617
18 129
Container port throughput (TEU)
..
9 235 765
12 318 610
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
1.11
2.00
0.89
..
Share of ICT goods, % of total imports
7.64
6.31
8.56
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024