Economy of India Report 2022

 


Report 2022 Economy of India
The economy of India The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable state participation in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity.
Imports $612.608 billion (FY2021-22)
Revenues ₹67.676 lakh crore (US$850 billion); (2022-23)
GDP By Sector Agriculture: 16.38%; Industry: 29.34%; Services: 54.27%; (FY 2020-21)
Population 1,417,173,173 (2nd; 2022 est.)
Unemployment 8.28% (August 2022);
Country group Developing/Emerging; Lower-middle income economy; Newly industrialized country
Current account: −$38.7 billion (2021-22)
GDP $3.469 trillion (nominal; 2022 est.) $11.665 trillion (PPP; 2022 est.)
Exports $421.894 billion (FY2021-22)
Imports $612.608 billion (FY2021-22)