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16 Sep 2020 10:27:45 UTC
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India Economy
India economy! Economic overview of India. India’s economy explained. India’s economy is the fifth largest in the world in terms of nominal GDP. India’s labor market, standard of living, trade balance, the country’s trading partners, top exports, government debt, budget deficit as well as an economic projection for the 2020/2021 fiscal year are presented.

Sources:

India Population
https://www.worldometers.info/world-population/india-population/

GNI per capita, Atlas method (current US$, 2019):
https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?locations=IN

What is Gross National Income?
GNI explained in 2 minutes
https://lbry.tv/@Global_Knowledge_Studios:e/gni:9

Indian Labor Force
(the labor force includes employed workers and unemployed workers that are actively seeking work)
https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=IN

Unemployment Rate in India
https://tradingeconomics.com/india/unemployment-rate

Employment in agriculture, industry and services
https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS?locations=IN
https://data.worldbank.org/indicator/SL.IND.EMPL.ZS?locations=IN
https://data.worldbank.org/indicator/SL.SRV.EMPL.ZS?locations=IN

Exports, Imports, Trade balance - 2019 data derived from the ITC (International Trade Centre):
https://www.trademap.org/Country_SelProductCountry_TS.aspx?nvpm=1%7c699%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c3%7c2%7c1%7c2%7c1%7c1%7c1

India’s Top 10 Exports
http://www.worldstopexports.com/indias-top-10-exports/

Gross Domestic Product (GDP, current US$, 2019):
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=IN&most_recent_value_desc=true

Budget Deficit
https://tradingeconomics.com/india/government-budget

GDP growth slows to a 11-year low of 4.2%
https://www.thehindu.com/business/Economy/gdp-growth-dips-to-31-in-january-march-42-in-2019-20/article31703885.ece

Government Debt-to-GDP ratio
https://tradingeconomics.com/india/government-debt-to-gdp

Economic Growth of India
International Monetary Fund - World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery
https://www.imf.org/en/Publications/WEO/Issues/2020/06/24/WEOUpdateJune2020
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