India remains high on the list of investment destinations by international investors and businesses. With many positives—a large, educated population, stable government, rising forex reserves, and high-value 澳洲幸运5开奖号码历史查询:capital markets—India seems to be on a firm growth path.
However, regulatory inefficiencies, corruption, a slow growth rate over the last decade, bureaucratic red tape in starting and running businesses, political pressures, and heavy financial burdens due to 澳洲幸运5开奖号码历史查询:subsidies are some challen♓ges facing India’s economy and business environment.
澳洲幸运5开奖号码历史查询:Economic Indicators and associated parameters provide important data points to enable informed decision-making. This article discusses the key sources to get the up to date information about the 澳洲幸运5开奖号码历史查询:economic indicators of India.
Key Takeaways
- As a large and growing market economy, India has become an attractive destination for international investments.
- Economic indicators can help make informed decisions about investing.
- Government bodies like the Economic Adviser and the Planning Commission of India regulalry release statistics on economic development.
- External bodies, like the World Bank and Asian Development Bank, also keep track of the Indian economy.
Government-Authorized Sources of Economic Data
EA data
Looking for official government data for the Indian economy? The office of Economic Adviser under the Ministry of Commerce & Industry publishes detailed reports covering all official economic numbers and figures for the nation. The also allows easy access to download historical data. The most up-to-date, regularly published covers all the latest statistics covering GDP, inflation, agricultural production, employment, savings, investments, core industries growth, export, import, 澳洲幸运5开奖号码历史查询:government securities yield, monetary indicators, etc. applicable to the Indian economy. The report is large and comprehensive, with datasets spliꦫt across 33 data tables.
Planning Commission of India
Another official source of information on Indian economic indicators, offers more than 200 dedicated reports in PDF form, each covering multiple datasets of𝕴fering a wealth of information to the end user. The 200+ reports are available under the ca⭕tegories of
- Indian Economy Related (national summary level reports)
- Agriculture, Food Consumption & Poverty Related
- Annual Plan of States (Province) Related
- State-wise Indicators of Poverty & Per-capita Expenditure, Labour Force & Employment Related
- World Trade, Exports, Imports, FDI, 澳洲幸运5开奖号码历史查询:Balance of Payments Related
- Power, Energy, and Irrigation Related
- State Plans Related
- Social Sector—Health & Family Welfare Related
- Social Sector—Drinking Water & Education
- World Economy & G-20 Countries Related
- Census 2011 related
- Demographic & 澳洲幸运5开奖号码历史查询:Amenities data
Ministry of External Affairs (MEA)
The Ministry of External Affairs (MEA) also covers detailed reports and macroeconomic indicators from the business perspective. The dedicated site provides multiple detailed reports under different sections—Index of Industrial Production, National Income, Index of Eight Core Industries, India's Foreign trade, Investment Trends, Money and Banking, Capital Market, and Consumer Market. Other sections include sector-wise (agriculture, 澳洲幸运5开奖号码历史查询:real estate, e﷽t🥂c.) economic analysis, surveys, and budget details.
Important
The value of India's 2022 GDP, according to S&P Global.
Other Sources for Economic Data
Along with of🐻ficial agencies, here are ot🐻her sources for economic data on India.
Asian Development Bank (ADB)
The Asian Development Bank (ADB) provides its coverage and estimates for datasets for common economic indicators like GDP, inflation, 澳洲幸运5开奖号码历史查询:current account deficit, etc. Based on Asian Development Outlook estimates, it also regularly publishes a detailed of a country’s economy, offering useful insights from a neutral 澳洲幸运5开奖号码历史查询:third-party perspective.
Index Mundi
provides a quick reference for key economic indicators for global economies. Backed by a dedicated section on economy overview, the 🍃site also offers a comparison tool for relative performance analysis and study.
World Bank
The World Bank offers economic data for all countries across the globe, including , under its unique categories—World Development Indicators, Global Economic Prospects—Forecasts, Projects & Operations, Finances, Surveys and Climate. With rich online interactive charts, graphs, and featu෴res with tools for comparative analysis based on multiple parameters, World Bank also enables easy data to download for offline analysis. E.g., the Projects category, among other details, covers the geographical locations of the mentioned projects on an interactive map.
EconomyWatch
For a quick snapshot, as well as a detailed history up to the year 1980,&nbs𒐪p; serves as a good s🐼ource of information for economic indicators for India.
What Is India's Biggest Economic Sector?
The services sector is the largest part of the Indian economy, producing nearly half of the country's GDP. Manufacturing is second largest, with just over a quarter of GDP.
How Strong Is the Indian Economy?
India's economic growth is "resilient," according to the World Bank, with real GDP growing at about 6.9% year over year. Inflation remains high but is expected to decline.
What Are India's Biggest Exports?
India's biggest category of export commodities was engineered goods in 2022, with a value of about 8 trillion rupees. Petroleum products were the next largest category with an export value of 5 trillion rupees.
The Bottom Line
Indian economic indicators are available from numerous sources, including multiple government agencies, departments, and ministrieಞs. Combined with the data from other organizations, which maintain a politically-neutral stance, one has access to many tools to assess the country and its economy fairly.