Economy of 

The Republic of India

Modern Indian notes

Rank 11th (nominal) / 4th (PPP)

Currency 1 Indian Rupee (INR) ( ) = 100 Paise

Fiscal year Calendar year (1 April – 31 March)

Trade organizations WTO, SAFTA, G-20 and others

Statistics

GDP $1.43 trillion (nominal: 11th; 2010)[1]

$4.00 trillion (PPP: 4th; 2010)[1]

GDP growth 8.9% (2010, Q2)[2]

GDP per capita

$3,290 (PPP: 127th; 2010)[1]

GDP by sector services (57%), industry (28%), agriculture (15%) (2009–10)

Inflation (CPI) 8.43% (December 2010)[3]

Population 37% (2010)[4]

below poverty line

Gini index 36.8 (List of countries)

Labour force 478 million (2nd; 2009)

by occupation

Unemployment 9.4% (2009–10)[5]

Main industries telecommunications, textiles, chemicals, food processing, steel,

transportation equipment, cement, mining, petroleum, machinery,

information technology, pharmaceuticals

Ease of Doing 134th[6]

Business Rank

External

Exports $210 billion (17th; 2010)

Export goods software, petroleum products, textile goods, gems and jewellery,

engineering goods, chemicals, leather manufactures

Main export US 12.3%, UAE 9.4%, China 9.3% (2008)

partners

Imports $327 billion (11th; 2010)

Import goods crude oil, machinery, gems, fertiliser, chemicals

Main import China 11.1%, Saudi Arabia 7.5%, US6.6%, UAE 5.1%, Iran 4.2%,

partners Singapore 4.2%, Germany 4.2% (2008)

FDI stock $191.1 billion (23rd; 2010)

Gross external debt $237.1 billion (2010 est.)

Public finances

Public debt $758 billion (2010)[7] 55.9% of GDP

Revenues $129.8 billion (2009 est.)

Expenses $214.6 billion (2009 est.)

Economic aid $1.724 billion (2005)[8]

Credit rating 1.164 trillion (2010 est.)

Foreign reserves $300 billion (6th; Nov 2010)

Economy of People's Republic of China

Rank 2nd (nominal) / 2nd (PPP)

Currency Renminbi (RMB); Unit: Yuan (CNY)

Fixed exchange rates USD = 6.7695 RMB

(2010 average)
[1]

Fiscal year Calendar year 01 January to 31 December

Trade organizations WTO, APEC, G-20 and others

Statistics

GDP $5.88 trillion (nominal: 2nd; 2010)

$10.08 trillion (PPP: 2nd; 2010)

GDP growth 10.3% (major economies: 1st; 2010)

GDP per capita

$7,518 (PPP: 93th; 2010)

GDP by sector industry (46.8%), services (42.6%), agriculture (10.6%) (2009)

Inflation (CPI) 5.1% (November 2010)[2]

Gini index 46.9 (List of countries)

Labour force 813.5 million (1st; 2009)

Labour force agriculture (39.5%), industry (27.2%), services (33.2%) (2008)

by occupation

Unemployment 4.2% (July 2010)[3]

coal; machine building; armaments; textiles and apparel;

petroleum; cement; chemicals; fertilizers; consumer products,

including footwear, toys, and electronics; food processing;

transportation equipment, including automobiles, rail cars and

locomotives, ships, and aircraft; telecommunications equipment,

commercial space launch vehicles, satellites

Ease of Doing 79th[4]

Business Rank

External

Exports US$1,577.93 billion ; 2010[5]

Export goods electrical and other machinery, including data processing

equipment, apparel, textiles, iron and steel, optical and medical

equipment

Main export partners US 20.0%, Hong Kong 12.0%, Japan 8.3%, South Korea 4.6%,

Germany 4.3% (2009)

Imports US$1,394.83 billion; 2010 [5]

Import goods electrical and other machinery, oil and mineral fuels, optical and

medical equipment, metal ores, plastics, organic chemicals

Main import Japan 12.3%,Hong Kong 10.1%, South Korea 9.0%, US 7.7%,

partners Taiwan 6.8%, Germany 5.6% (2009)

FDI stock $100 billion (2010)

Gross external debt $347.1 billion (22nd; 2009)

Public finances

Public debt 18.2% of GDP (107th; 2009)

Revenues $1.260 trillion (2010)[6]

Expenses $1.358 trillion (2010)[7]

Economic aid recipient: $1.12 per capita (2008)[8]

Credit rating $5.555 trillion (4th; 2008)

Foreign reserves

Economy of the United States

Currency United States Dollar (USD)

Fiscal year October 1 – September 30

Statistics

GDP $14.660 trillion (2010)[1] (nominal; 1st)

$14.660 trillion (2010)[2] (PPP; 1st)

GDP growth 2.9% (2010)[1]

GDP per capita

$46,442 (2009)[2] (PPP; 6th)

GDP by sector agriculture: (1.2%), industry: (21.9%), services: (76.9%) (2009 est.)

Inflation (CPI) 1.1% (November 09-10)[3]

Population 14.3% (2009)[4]

below poverty line

Gini index 45 (List of countries)

Labor force 154.5 million (includes unemployed) (2009 est.)

Labor force
farming, forestry, and fishing: 0.7% manufacturing, extraction,
by occupation
transportation, and crafts: 20.3% managerial, professional, and

technical: 37.3% sales and office: 24.2% other services: 17.6%

note: figures exclude the unemployed (2009)

Unemployment 9.0% (Jan 2011)

Main industries petroleum, steel, motor

vehicles,aerospace, telecommunications,chemicals, creative

industries,electronics, food processing, consumer

goods, lumber, mining,defense
Ease of Doing 5th[5]

Business Rank

External

Exports $1.280 trillion f.o.b (2010)[1]

Export goods agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies

(organic chemicals) 26.8%, capital goods (transistors, aircraft, motor

vehicle parts, computers, telecommunications equipment) 49.0%,

consumer goods (automobiles, medicines) 15.0% (2009)

Main export Canada, 13.2%; Mexico, 8.3%; China, 4.3%; Japan, 3.3%. (2009)[6]

partners

Imports $1.948 trillion c.i.f. (2010)[1]

Import goods agricultural products 4.9%, industrial supplies 32.9% (crude oil

8.2%), capital goods 30.4% (computers, telecommunications

equipment, motor vehicle parts, office machines, electric power

machinery), consumer goods 31.8% (automobiles, clothing,

medicines, furniture, toys) (2009)

Main import China, 15.4%; Canada, 11.6%; Mexico, 9.1%; Japan,

partners 4.9%; Germany, 3.7%. (2009)[6]

FDI stock $2.398 trillion (31 December 2009 est.)

Gross external debt $14.39 trillion (30 Sept 2010)[7]

Public finances

Public debt $14 trillion (Jan 2011)[8] 93% of GDP

Revenues $2.162 trillion (2010)[9]

Expenses $3.456 trillion (2010)[9]

Economic aid ODA $19 billion, 0.2% of GDP (2004)[10]