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The economy of India is a developing dirigisme 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 136th by GDP (nominal) and 125th by GDP (PPP). [60]
NSDP per capita of Indian states and union territories, 2018–19. This is a list of Indian states and union territories by NSDP per capita.Net state domestic product (NSDP) is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods.
In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. The Republic of India, founded in 1947, adopted central planning for most of its independent history, with extensive public ownership, regulation, red tape and trade barriers. [ 13][ 14] After the 1991 economic crisis, the central government began ...
The following table shows the annual growth in nominal GSDP for the financial years 2001–02 to 2010–11, released by the Planning Commission of India, in the Indian rupees. [ 1 ] Revised data for the past years differ from the tables below.
The economy of Uttar Pradesh is the fifth largest among states in India. At current prices, the gross state domestic product (GSDP) of Uttar Pradesh is estimated to be ₹24.39 lakh crore (US$290 billion) in 2023–24. [ 3] Merchandise exports from Uttar Pradesh reached US$21.03 billion in FY22. [ 7]
In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population. Per capita income growth from 1850 to 1900 is estimated to range from 0.75% to 1.25% annually.
The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$131.98 billion) in 2020–2021. [ 2] Per-capita GSP of Kerala during the same period is ₹257,711 (US$3,100), the sixth largest in India. [ 1] In 2019–20, the tertiary sector contributed around 63% of the state's GSVA ...
List of countries by GDP (nominal) 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.