India At A Glance

India at a glance India

South Asia

Lowermiddleincome

1,123.3 950 1,069.4

1,520 880 1,339

3,437 1,887 6,485

1.4 1.8

1.6 2.1

1.1 1.5

.. 29 64 57 44 89 61 112 114 109

.. 29 64 62 41 87 58 108 111 104

.. 42 69 41 25 88 89 111 112 109

POVERTY and SOCIAL 2007 Population, mid-year (millions) GNI per capita (Atlas method, US$) GNI (Atlas method, US$ billions)

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Development diamond*

Life expectancy

Average annual growth, 2001-07 Population (%) Labor force (%) Most recent estimate (latest year available, 2001-07) Poverty (% of population below national poverty line) Urban population (% of total population) Life expectancy at birth (years) Infant mortality (per 1,000 live births) Child malnutrition (% of children under 5) Access to an improved water source (% of population) Literacy (% of population age 15+) Gross primary enrollment (% of school-age population) Male Female

Gross primary enrollment

GNI per capita

Access to improved water source India Lower-middle-income group

KEY ECONOMIC RATIOS and LONG-TERM TRENDS 1987

1997

2006

2007

276.0 22.0 5.7 20.6 20.9

410.9 23.9 10.8 22.6 24.7

916.3 36.0 22.1 33.0 35.3

1,171.0 38.2 21.3 35.1 37.2

-1.9 0.7 20.1 29.7 .. ..

-1.4 1.1 23.0 21.6 .. ..

-1.1 0.7 16.7 7.5 12.7 48.5

-2.1 .. .. .. .. ..

1987-97

1997-07

2006

2007

2007-11

5.5 3.5 11.5

6.9 5.3 15.4

9.7 8.2 18.9

9.0 7.7 7.5

8.5 7.2 13.8

1987

1997

2006

2007

GDP (US$ billions) Gross capital formation/GDP Exports of goods and services/GDP Gross domestic savings/GDP Gross national savings/GDP Current account balance/GDP Interest payments/GDP Total debt/GDP Total debt service/exports Present value of debt/GDP Present value of debt/exports

Economic ratios*

Trade

Domestic savings

Capital formation

Indebtedness (average annual growth) GDP GDP per capita Exports of goods and services

India Lower-middle-income group

STRUCTURE of the ECONOMY Growth of capital and GDP (%)

(% of GDP) Agriculture Industry Manufacturing Services

29.4 26.3 16.4 44.3

26.1 26.8 16.4 47.1

18.3 29.3 16.3 52.4

17.8 29.4 16.4 52.8

Household final consumption expenditure General gov't final consumption expenditure Imports of goods and services

67.1 12.3 7.1

66.0 11.4 12.1

56.7 10.3 25.1

54.8 10.1 24.4

1987-97

1997-07

2006

2007

3.5 6.3 6.6 6.8

2.7 7.2 6.8 8.5

3.8 11.0 12.0 11.1

4.5 8.5 8.8 10.8

60

5.5 4.2 6.8 12.3

5.8 3.9 11.0 14.8

10.3 6.2 14.3 24.5

7.3 5.5 13.3 7.7

0

30 20 10 0

(average annual growth) Agriculture Industry Manufacturing Services Household final consumption expenditure General gov't final consumption expenditure Gross capital formation Imports of goods and services

02

03

04

05

GCF

06

07

GDP

Growth of exports and imports (%)

40 20

02

03

Exports

04

05

06

07

Imports

Note: 2007 data are preliminary estimates. This table was produced from the Development Economics LDB database. * The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will be incomplete.

India PRICES and GOVERNMENT FINANCE 1987 Domestic prices (% change) Consumer prices Implicit GDP deflator Government finance (% of GDP, includes current grants) Current revenue Current budget balance Overall surplus/deficit

1997

2006

2007

Inflation (%) 8

7.8 9.3

7.0 6.5

6.7 5.6

5.3 4.3

6 4 2 0

19.4 -2.7 -9.2

17.4 -3.5 -8.3

20.6 -4.4 -6.5

22.4 -1.6 -5.6

1987

1997

2006

2007

12,644 411 600 8,195 19,812 1,141 3,118 5,064

35,680 1,207 1,061 26,547 51,187 1,483 8,164 9,796

128,083 1,744 7,033 82,818 191,254 3,291 57,074 52,944

146,632 .. .. 91,657 238,296 .. .. 71,311

113 116 97

116 110 106

.. .. ..

.. .. ..

02

03

04

05

06

GDP deflator

07

CPI

TRADE (US$ millions) Total exports (fob) Marine products Ores and minerals Manufactures Total imports (cif) Food Fuel and energy Capital goods Export price index (2000=100) Import price index (2000=100) Terms of trade (2000=100)

Export and import levels (US$ mill.) 300,000

200,000

100,000

0 01

02

03

04

05

Exports

06

07

Imports

BALANCE of PAYMENTS 1987

1997

2006

2007

(US$ millions) Exports of goods and services Imports of goods and services Resource balance

16,216 22,839 -6,623

45,109 59,297 -14,188

204,264 235,625 -31,361

246,071 297,009 30,176

Net income Net current transfers

-1,337 2,698

-3,521 11,830

-6,573 27,941

.. 30,176

Current account balance to GDP (%) 3 2 1 0 01

Current account balance

-5,262

-5,879

-9,993

-24,408

-1

Financing items (net) Changes in net reserves

4,526 736

9,772 -3,893

46,599 -36,606

44,282 -19,874

-2

Memo: Reserves including gold (US$ millions) Conversion rate (DEC, local/US$)

6,223 13.0

29,367 37.2

198,710 45.2

218,582 40.3

1987

1997

2006

2007

55,570 4,709 11,615

94,317 8,138 17,912

153,075 6,177 24,059

.. 7,040 26,512

Total debt service IBRD IDA

5,686 808 166

12,413 1,410 381

17,879 597 841

.. 739 915

Composition of net resource flows Official grants Official creditors Private creditors Foreign direct investment (net inflows) Portfolio equity (net inflows)

531 2,498 2,877 212 0

549 -406 1,089 3,577 2,556

873 2,144 16,097 17,453 9,549

.. .. .. .. ..

World Bank program Commitments Disbursements Principal repayments Net flows Interest payments Net transfers

3,504 2,212 499 1,714 476 1,238

2,306 1,372 1,070 302 721 -419

1,228 1,787 942 845 496 349

3,174 1,905 1,089 816 566 251

02

03

04

05

06

07

-3

EXTERNAL DEBT and RESOURCE FLOWS (US$ millions) Total debt outstanding and disbursed IBRD IDA

Composition of 2006 debt (US$ mill.)

G: 11,971

A: 6,177 B: 24,059

D: 4,096

E: 19,662

F: 87,110

A - IBRD B - IDA C - IMF

D - Other multilateral

The World Bank Group: This table was prepared by country unit staff; figures may differ from other World Bank published data.

E - Bilateral F - Private G - Short-term

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