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India Economy
GDP:
purchasing power parity - $3.033 trillion (2003 est.)
GDP - real growth rate:
8.3% (2003 est.)
GDP - per capita:
purchasing power parity - $2,900 (2003 est.)
GDP - composition by sector:
agriculture: 23.6%
industry: 28.4%
services: 48% (2002 est.)
Investment (gross fixed):
23.1% of GDP (2003)
Population below poverty line:
25% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 33.5% (1997)
Distribution of family income - Gini index:
37.8 (1997)
Inflation rate (consumer prices):
3.8% (2003 est.)
Labor force:
472 million (2003)
Labor force - by occupation:
agriculture 60%, industry 17%, services 23% (1999)
Unemployment rate:
9.5% (2003)
Budget:
revenues: $86.69 billion
expenditures: $114.6 billion, including capital expenditures of $13.5 billion (2003)
Public debt:
59.7% of GDP (2003)
Industries:
textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software
Industrial production growth rate:
6.5% (2003 est.)
Electricity - production:
533.3 billion kWh (2001)
Electricity - production by source:
fossil fuel: 81.7%
hydro: 14.5%
other: 0.3% (2001)
nuclear: 3.4%
Electricity - consumption:
497.2 billion kWh (2001)
Electricity - exports:
321 million kWh (2001)
Electricity - imports:
1.54 billion kWh (2001)
Oil - production:
732,400 bbl/day (2001 est.)
Oil - consumption:
2.13 million bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
4.33 billion bbl (1 January 2002)
Natural gas - production:
22.75 billion cu m (2001 est.)
Natural gas - consumption:
22.75 billion cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
542.4 billion cu m (1 January 2002)
Agriculture - products:
rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish
Current account balance:
$3.41 billion (2003)
Exports:
$57.24 billion f.o.b. (2003 est.)
Exports - commodities:
textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Exports - partners:
US 20.3%, China 6.3%, UK 5.2%, Hong Kong 4.7%, Germany 4.3% (2003 est.)
Imports:
$74.15 billion f.o.b. (2003 est.)
Imports - commodities:
crude oil, machinery, gems, fertilizer, chemicals
Imports - partners:
US 6.7%, Belgium 5.9%, UK 5%, China 4.5%, Singapore 4.2% (2003 est.)
Reserves of foreign exchange & gold:
$102.3 billion (2003)
Debt - external:
$101.7 billion (2003 est.)
Economic aid - recipient:
$2.9 billion (FY98/99)
Currency code:
INR
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