India GDP
The Gross Domestic Product (GDP) in India was worth 2800 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of India represents 2.31 percent of the world economy. GDP in India averaged 624.66 USD Billion from 1960 until 2019, reaching an all time high of 2800 USD Billion in 2019 and a record low of 37.03 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - India GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India Living Wage Individual
Living Wage Individual in India increased to 10300 INR/Month in 2018 from 10100 INR/Month in 2017. Living Wage Individual in India averaged 10200 INR/Month from 2015 until 2018, reaching an all time high of 10300 INR/Month in 2018 and a record low of 10100 INR/Month in 2017. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.
India SENSEX Stock Market Index
The S&P BSE SENSEX advanced 199 points or 0.6% to close at 31,643 on Friday as investor mood was lifted by news that Washington and Beijing had a phone call to discuss the Phase 1 trade deal, with both parties agreeing on improving the atmosphere for its implementation and meeting their obligations. Still, investors remained concerned about the negative impact of the coronavirus pandemic on the economy after the government announced an extension to the nationwide lockdown by two weeks, in an attempt to halt the spread of COVID-19. For the week, the S&P BSE SENSEX lost 6.2%. Historically, the India SENSEX Stock Market Index reached an all time high of 42273.87 in January of 2020. The SENSEX (BSE30) is a major stock market index which tracks the performance of 30 major companies listed on the Bombay Stock Exchange. The companies are chosen based on the liquidity, trading volume and industry representation. The SENSEX, is a free-float market capitalization-weighted index. The Index has a base value of 100 as of 1978-79.
India Government Spending
Government Spending in India decreased to 3823.38 INR Billion in the fourth quarter of 2019 from 4615.85 INR Billion in the third quarter of 2019. Government Spending in India averaged 2170.58 INR Billion from 2004 until 2019, reaching an all time high of 4615.85 INR Billion in the third quarter of 2019 and a record low of 735.82 INR Billion in the second quarter of 2004. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - India Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Consumer Spending
Consumer Spending in India increased to 21662.35 INR Billion in the fourth quarter of 2019 from 20109.93 INR Billion in the third quarter of 2019. Consumer Spending in India averaged 11694.51 INR Billion from 2004 until 2019, reaching an all time high of 21662.35 INR Billion in the fourth quarter of 2019 and a record low of 4469.88 INR Billion in the third quarter of 2004. This page provides - India Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Ease of Doing Business in India
India is ranked 63 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of India improved to 63 in 2019 from 77 in 2018. Ease of Doing Business in India averaged 119.67 from 2008 until 2019, reaching an all time high of 139 in 2010 and a record low of 63 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in India.
India Population
The total population in India was estimated at 1312.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1950, India had a population of 359.0 million people. The population of India represents 17.99 percent of the world´s total population which arguably means that one person in every 6 people on the planet is a resident of India. This page provides - India Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Consumer Confidence
Consumer Confidence in India decreased to 83.70 points in the first quarter of 2020 from 85.70 points in the fourth quarter of 2019. Consumer Confidence in India averaged 101.96 points from 2010 until 2020, reaching an all time high of 116.70 points in the fourth quarter of 2010 and a record low of 83.70 points in the first quarter of 2020. Consumer confidence in India refers to the Current Situation Index (CSI) which is part of the Consumer Confidence Survey published by the Reserve Bank of India. The survey is conducted in six metropolitan cities - Bengaluru; Chennai; Hyderabad; Kolkata; Mumbai; and New Delhi. It covers around 5,000 responses on households’ perceptions and expectations on the general economic situation; the employment scenario; the overall price situation; and their own income and spending. This page provides - India Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP Deflator
GDP Deflator in India increased to 138.80 points in 2020 from 134.80 points in 2019. GDP Deflator in India averaged 120.74 points from 2005 until 2020, reaching an all time high of 146.50 points in 2011 and a record low of 100 points in 2005. This page provides - India GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP From Public Administration
GDP From Public Administration in India increased to 4749.47 INR Billion in the fourth quarter of 2019 from 4614.87 INR Billion in the third quarter of 2019. GDP From Public Administration in India averaged 3342.07 INR Billion from 2011 until 2019, reaching an all time high of 4749.47 INR Billion in the fourth quarter of 2019 and a record low of 2328.98 INR Billion in the second quarter of 2011. This page provides - India Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP From Manufacturing
GDP From Manufacturing in India decreased to 5593.35 INR Billion in the fourth quarter of 2019 from 5771.84 INR Billion in the third quarter of 2019. GDP From Manufacturing in India averaged 4662.22 INR Billion from 2011 until 2019, reaching an all time high of 6167.49 INR Billion in the first quarter of 2019 and a record low of 3331.04 INR Billion in the third quarter of 2011. This page provides - India Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP From Construction
GDP From Construction in India increased to 2601.70 INR Billion in the fourth quarter of 2019 from 2448.63 INR Billion in the third quarter of 2019. GDP From Construction in India averaged 2199.13 INR Billion from 2011 until 2019, reaching an all time high of 2636.53 INR Billion in the second quarter of 2019 and a record low of 1861.37 INR Billion in the third quarter of 2012. This page provides - India Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Gold Reserves
Gold Reserves in India remained unchanged at 618.16 Tonnes in the fourth quarter of 2019 from 618.16 Tonnes in the third quarter of 2019. Gold Reserves in India averaged 464.24 Tonnes from 2000 until 2019, reaching an all time high of 618.16 Tonnes in the second quarter of 2019 and a record low of 357.75 Tonnes in the second quarter of 2001. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - India Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP Constant Prices
GDP Constant Prices in India increased to 36650.03 INR Billion in the fourth quarter of 2019 from 36071.57 INR Billion in the third quarter of 2019. GDP Constant Prices in India averaged 20537.62 INR Billion from 2004 until 2019, reaching an all time high of 37198.30 INR Billion in the first quarter of 2019 and a record low of 7500.43 INR Billion in the second quarter of 2004. This page provides - India GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Living Wage Family
Living Wage Family in India increased to 19400 INR/Month in 2018 from 19200 INR/Month in 2017. Living Wage Family in India averaged 19300 INR/Month from 2015 until 2018, reaching an all time high of 19400 INR/Month in 2018 and a record low of 19200 INR/Month in 2017. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.
India Competitiveness Index
India scored 61.36 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in India averaged 17.49 Points from 2007 until 2019, reaching an all time high of 62.02 Points in 2018 and a record low of 4.20 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - India Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India Gross National Income
Gross National Product in India increased to 14522931 INR Tens Of Million in 2019 from 13954956 INR Tens Of Million in 2018. Gross National Product in India averaged 11388052.67 INR Tens Of Million from 2011 until 2019, reaching an all time high of 14522931 INR Tens Of Million in 2019 and a record low of 8659505 INR Tens Of Million in 2011. This page provides the latest reported value for - India Gross National Product - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India GDP From Utilities
GDP From Utilities in India decreased to 728.17 INR Billion in the fourth quarter of 2019 from 795.25 INR Billion in the third quarter of 2019. GDP From Utilities in India averaged 589.49 INR Billion from 2011 until 2019, reaching an all time high of 816.28 INR Billion in the second quarter of 2019 and a record low of 463.02 INR Billion in the second quarter of 2011. This page provides - India Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Unemployed Persons
The number of unemployed persons in India decreased to 44.85 Million in 2016 from 48.26 Million in 2014. Unemployed Persons in India averaged 30.60 Million from 1971 until 2016, reaching an all time high of 48.26 Million in 2014 and a record low of 5.10 Million in 1971. In India, the number of unemployed persons refers to number of persons on the live register. Live Register is the systematic arrangement of Index Cards pertaining to applicants who are in need of employment assistance. This page provides - India Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India GDP From Mining
GDP From Mining in India increased to 854.29 INR Billion in the fourth quarter of 2019 from 698.90 INR Billion in the third quarter of 2019. GDP From Mining in India averaged 774.70 INR Billion from 2011 until 2019, reaching an all time high of 1139.86 INR Billion in the first quarter of 2019 and a record low of 556.18 INR Billion in the third quarter of 2012. This page provides - India Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Average Daily Wage Rate
Wages in India increased to 272.19 INR/Day in 2014 from 255.65 INR/Day in 2013. Wages in India averaged 146 INR/Day from 1965 until 2014, reaching an all time high of 272.19 INR/Day in 2014 and a record low of 3.87 INR/Day in 1965. Wages in India is reported by the Labour Bureau, Government of India. In India, the Average Daily Wage Rate refers to the overall average wage that a worker gets per day in the manufacturing, mining and plantation sectors. Initially, Wage Rate Index Numbers were compiled for twelve selected manufacturing industries. However, during 1976, nine more industries were added to the list of industries for the compilation of index numbers. This page provides the latest reported value for - India Average Daily Real Wage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India National Floor Level Minimum Wage
Minimum Wages in India remained unchanged at 178 INR/Day in 2020 from 178 INR/Day in 2019. Minimum Wages in India averaged 96.52 INR/Day from 1996 until 2020, reaching an all time high of 178 INR/Day in 2019 and a record low of 35 INR/Day in 1997. This page provides - India Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Average Daily Wage Rate in Manufacturing
Wages In Manufacturing in India increased to 347.30 INR/Day in 2014 from 322.07 INR/Day in 2013. Wages In Manufacturing in India averaged 183.78 INR/Day from 1965 until 2014, reaching an all time high of 347.30 INR/Day in 2014 and a record low of 4.86 INR/Day in 1965. Wages In Manufacturing in India is reported by the Labour Bureau, Government of India. In India, the Average Daily Wage Rate refers to the overall average wage that a worker gets per day, in the manufacturing sector. Initially, Wage Rate Index Numbers were compiled for twelve selected manufacturing industries. However, during 1976, nine more industries were added to the list of industries for the compilation of index numbers. This page provides the latest reported value for - India Average Daily Real Wage Rate in Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India Wages Low Skilled
Wages Low Skilled in India decreased to 10900 INR/Month in 2018 from 11300 INR/Month in 2017. Wages Low Skilled in India averaged 11750 INR/Month from 2015 until 2018, reaching an all time high of 13500 INR/Month in 2015 and a record low of 10900 INR/Month in 2018. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.
India Youth Unemployment Rate
Youth Unemployment Rate in India increased to 23.70 percent in the fourth quarter of 2018 from 23.10 percent in the third quarter of 2018. Youth Unemployment Rate in India averaged 23.23 percent from 2018 until 2018, reaching an all time high of 23.70 percent in the fourth quarter of 2018 and a record low of 22.90 percent in the second quarter of 2018. Youth unemployment rate in India refers to unemployment rate for persons ages 15 to 29 in urban areas. This page provides - India Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Government Bond 10Y
India's 10-year government bond yield hit 5.97% on Friday, its lowest level since January 2009, due to an aggressive demand for the new 10-year note and expectations of higher government revenues following a hike in the special additional excise duty on petrol and diesel. The yield fell 14bps this week, after declining by 36bps in the last three weeks. Historically, the India Government Bond 10Y reached an all time high of 14.76 in April of 1996. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
India Business Expectations Index (BEI)
Business Confidence in India increased to 105 points in the first quarter of 2020 from 102.20 points in the fourth quarter of 2019. Business Confidence in India averaged 117.38 points from 2000 until 2020, reaching an all time high of 127.50 points in the second quarter of 2007 and a record low of 96.40 points in the second quarter of 2009. In India, the Business Expectations Index (BEI) is calculated as a weighted (share of GVA of different industry group) net response of nine business indicators. The nine indicators considered are: (1) overall business situation; (2) production; (3) order books; (4) inventory of raw material; (5) inventory of finished goods; (6) profit margins; (7) employment; (8) exports; and (9) capacity utilisation. BEI gives a snapshot of the business outlook in every quarter and takes values between 0 and 200, with 100 being the threshold separating expansion from contraction. The number of total responses varies from quarter to quarter and averaged 1,200 over the last two years. This page provides - India Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India Wages High Skilled
Wages High Skilled in India decreased to 43200 INR/Month in 2018 from 46200 INR/Month in 2017. Wages High Skilled in India averaged 45775 INR/Month from 2015 until 2018, reaching an all time high of 47300 INR/Month in 2016 and a record low of 43200 INR/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.
India Corruption Rank
India is the 80 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in India averaged 75.84 from 1995 until 2019, reaching an all time high of 95 in 2011 and a record low of 35 in 1995. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - India Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India Corruption Index
India scored 41 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in India averaged 32.66 Points from 1995 until 2019, reaching an all time high of 41 Points in 2018 and a record low of 26.30 Points in 1996. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - India Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
India Households Savings
Personal Savings in India increased to 26099.21 INR Billion in 2016 from 25429.60 INR Billion in 2015. Personal Savings in India averaged 3811.44 INR Billion from 1951 until 2016, reaching an all time high of 26099.21 INR Billion in 2016 and a record low of 6.34 INR Billion in 1952. In India, Households Savings correspond to the total income saved by households during a certain period of time. This page provides - India Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India: Strong growth has raised incomes and reduced poverty, but challenges remain
The Indian economy is expanding at a fast pace, boosting living standards and reducing poverty nationwide. Further reforms are now necessary to maintain strong growth and ensure that all Indians benefit from it, according to a new report from the OECD.
India: Sustaining high and inclusive growth - Better Policies Series
Renewed impetus for reforms is essential for India to continue to narrow its major gap in living standards with middle-income and OECD economies, to reduce widespread poverty, to reverse rising inequality and to improve the wellbeing of all Indians. Based on the expertise of OECD, this report presents an update of policy advice in critical areas to India’s long-term economic performance and social development.
India: step up reform efforts to increase quality jobs and incomes
India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit. Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, according to a new OECD report.
India-OECD Global Symposium on Financial Education
New Delhi, India, 8-9 November 2017. This symposium looked at how to implement effective financial education policies in a changing financial landscape with a focus on financial education in the digital age.
India-OECD-World Bank Conference on financial education in India and Asia
This conference, taking place on 4-5 March 2013 in New Delhi, India, addressed specific issues relating to financial literacy in India and the Asia region. It presented the output of the Russia/OECD/World Bank Trust Fund on Financial Literacy and Education.
India Unemployment Rate
Unemployment Rate in India increased to 7.80 percent in February from 7.20 percent in January of 2020. Unemployment Rate in India averaged 7.34 percent from 2018 until 2020, reaching an all time high of 8.20 percent in August of 2019 and a record low of 6.70 percent in November of 2018. In India, the unemployment rate is estimated by directly interviewing a large sample of randomly selected households. Centre for Monitoring Indian Economy Consumer Pyramids panel of households includes over 174,405 households including over 522,000 members who are over 15 years old. This page provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India-OECD seminar on fighting bribery in business transactions
Co-organised by the Confederation of Indian Industry (CII) and the OECD in New Delhi, discussions at this seminar focused on corruption challenges facing Indian companies today and what can be done to overcome these challenges.
India Weapons Sales
Weapons Sales in India decreased to 46 USD Million in 2018 from 56 USD Million in 2017. Weapons Sales in India averaged 13.85 USD Million from 1959 until 2018, reaching an all time high of 56 USD Million in 2017 and a record low of 0 USD Million in 1987. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.
Tax: India ratifies Convention on Mutual Administrative Assistance in Tax Matters
India has ratified the Convention on Mutual Administrative Assistance in Tax Matters, a multilateral agreement developed jointly by the Council of Europe and the OECD that was opened for signature to all countries in June 2011.
India Worker Population Ratio
Employment Rate in India decreased to 46.80 percent in 2018 from 47.80 percent in 2016. Employment Rate in India averaged 48.76 percent from 2012 until 2018, reaching an all time high of 50.80 percent in 2012 and a record low of 46.80 percent in 2018. In India, Worker Population Ratio (WPR) is the percentage of persons employed among the persons in the population. This page provides - India Worker Population Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Indian SMEs aren’t missing VoiP
By Ankit Jain
137 years after the now famous words “Mr. Watson, come here; I want you,” were transmitted across Alexander Graham...
Indian Startups and Software Firms are in Demand to Fortify UK's Economy
With the aim of enhancing UK’s economy, London is seeking favor from Indian startups and software companies.
India Will Be Home To 10,500 Startups By 2020: Nasscom
India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report.
India now the the third largest smartphone market
India has become the 3rd largest smart phone market in the world, having overtaken Japan in Q1 of 2013. China and America occupy the first two positions.
Various smartphone manufacturers like Apple, HTC, LG,...
India To Be Most Digitized Economy In 7 Years: Gates
Noting that India has great potential to become the most digitized economy globally in mere seven years, Microsoft founder Bill Gates has dubbed the government's demonetization measure as a "bold move".
India Comes In At 25 Among 27 Pension Systems Globally
India has been ranked at a lowly 25 among 27 pension systems globally while Denmark maintained the top position for the fifth year, says a survey.
India-EU Collaborate On Skill Development
A delegation of the European Union and the government's National Skill Development Agency (NSDA) held a conference to discuss the results, impact and the way forward of the EU-India Skill Development Project.
India's New E-Service Tax Daunts Content Providers
While the whole nation is still trying to come to grips with Modi Government�s demonetization drive, there�s a semblance of flurry in India�s eCommerce industry.
Indian Court Upholds Ban on Pre-natal Sex Determination Test
Gender-based abortions will continue to be banned in India with the Bombay High Court, in Maharashtra, a western Indian