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India - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
746.120  
808.948  
Real GDP growth (constant prices)
7.1 % 
6.3 %
GDP per capita (USD)
686.646  
732.260  
Inflation rate
3.9 % 
5.1 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 509.0   600.6   691.9  
Real GDP growth (constant prices) 4.1 % 8.6 % 6.9 %
GDP per capita (USD) 477   511   538  
Inflation rate 4.4 % 3.8 % 3.8 %
Unemployment rate ..   ..   ..  
External debt (USD billion) 106   113   ..  
India Rupee rate on 12/31 (1 US$)   48.044   45.6   43.47  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 22.7%   22.2%   21.8%  
Industry and mining 26.6%   26.6%     26.1%  
Services 50.7%   51.2%     52.2%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 3449   4269   5335   21 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 54.7   68.2   ..  
Export of goods (f.o.b) 51.1   59.3   ..  
Trade balance -3.6   -8.9   ..  
Balance of payments 7.1   6.9   ..  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 30.8%   30.5%   32.6%  
Share of imports in GDP 15.6%   16.0%   17.2%  
Share of exports in GDP 15.2%   14.5%   15.3%  
Imports of goods and services (percent change) 8.1%   11.1%   19.2%  
Exports of goods and services (percent change) 21.8%   7.0%   13.1%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     68.2     59.3    
Agricultural raw materials 3%   1%  
Food products 6%   11%  
Hydrocarbons 32%   6%  
Manufactured products (chemicals, machines,...) 54%   77%  
Ores and metals 4%   4%  
Other goods 1%   1%  


2003 Imports Exports
Total Trade in Services (USD billion): 26   23  
Transport 37%   13%  
Tourisme 14%   17%  
Other services (insurance, financial services, telecommunications,...) 49%   70%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
USA   18%  
United Arab Emirates   8%  
China, Hong Kong SAR   5.1%  
United Kingdom   4.7%  
China   4.6%  

Main suppliers
(% of imports)
2004
Areas, nes   26.6%  
USA   6.4%  
China   5.2%  
Belgium   5.1%  
Switzerland   4.2%  
Source : COMTRADE


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Last modified in October 2005
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