| variable | 1980-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 5.57 | 5.6 | 6.4 | 8.2 | 5.22 | 7.2 | 7.1 | 7.6 | 6.5 | 6.5 |
| CPI % | 8.68 | 8.75 | 5.38 | 10.0 | 6.12 | 5.4 | 4.6 | 2.1 | 4.7 | 4.0 |
| Unemployment rate | - | - | - | - | 8.37 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 |
| Debt/GDP % | - | 73.11 | 80.65 | 70.2 | 72.18 | 85.0 | 84.8 | 84.1 | 83.4 | 82.5 |
| Current account balance/GDP % | -1.89 | -1.01 | -0.24 | -2.9 | -1.79 | -0.7 | -0.6 | -0.9 | -2.0 | -1.6 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
The Indus Valley civilization, one of the world's oldest, flourished during the 3rd and 2nd millennia B.C. and extended into northwestern India. Aryan tribes from the northwest infiltrated the Indian subcontinent about 1500 B.C.; their merger with the earlier Dravidian inhabitants created the classical Indian culture. The Maurya Empire of the 4th and 3rd centuries B.C. -- which reached its zenith under ASHOKA -- united much of South Asia. The Gupta dynasty (4th to 6th centuries A.D.) ushered in The Golden Age, which saw a flowering of Indian science, art, and culture. Islam spread across the subcontinent over a period of 700 years. In the 10th and 11th centuries, Turks and Afghans invaded India and established the Delhi Sultanate. In the early 16th century, the Emperor BABUR established the Mughal Dynasty, which ruled large sections of India for more than three centuries. European explorers began establishing footholds in India during the 16th century. By the 19th century, Great Britain had become the dominant political power on the subcontinent, and India was seen as the "Jewel in the Crown" of the British Empire. The British Indian Army played a vital role in both World Wars. Years of nonviolent resistance to British rule, led by Mohandas GANDHI and Jawaharlal NEHRU, eventually resulted in Indian independence in 1947. Large-scale communal violence took place before and after the subcontinent partition into two separate states -- India and Pakistan. The neighboring countries have fought three wars since independence, the last of which was in 1971 and resulted in East Pakistan becoming the separate nation of Bangladesh. India's nuclear weapons tests in 1998 emboldened Pakistan to conduct its own tests that same year. In 2008, terrorists originating from Pakistan conducted a series of coordinated attacks in Mumbai, India's financial capital. India's economic growth after economic reforms in 1991, a massive youth population, and a strategic geographic location have contributed to the country's emergence as a regional and global power. However, India still faces pressing problems such as extensive poverty, widespread corruption, and environmental degradation, and its restrictive business climate challenges economic growth expectations.
Area: 3,287,263 sq km km2
Climate: varies from tropical monsoon in south to temperate in north
Natural resources: coal (fourth-largest reserves in the world), antimony, iron ore, lead, manganese, mica, bauxite, rare earth elements, titanium ore, chromite, natural gas, diamonds, petroleum, limestone, arable land
Groups: Indo-Aryan 72%, Dravidian 25%, and other 3% (2000)
Languages: Hindi 43.6%, Bengali 8%, Marathi 6.9%, Telugu 6.7%, Tamil 5.7%, Gujarati 4.6%, Urdu 4.2%, Kannada 3.6%, Odia 3.1%, Malayalam 2.9%, Punjabi 2.7%, Assamese 1.3%, Maithili 1.1%, other 5.6%; English is the subsidiary official language but is the most important one for national, political, and commercial communication (2011 est.)
Religions: Hindu 79.8%, Muslim 14.2%, Christian 2.3%, Sikh 1.7%, other and unspecified 2% (2011 est.)
Capital: New Delhi
Government type: federal parliamentary republic
Chief of state: President Droupadi MURMU (since 25 July 2022)
Head of government: Prime Minister Narendra MODI (since 26 May 2014)
Description: Parliament (Sansad) - bicameral
largest South Asian economy; strong, sustained GDP growth led by technology and service sectors, foreign investment, and improved regulatory framework; high poverty rate and income inequality; initiatives on infrastructure development, digitization, manufacturing, and financial access
textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, pharmaceuticals
GDP by sector: Agriculture: 16.4% (2024 est.), Industry: 24.5% (2024 est.), Services: 49.9% (2024 est.)
Export partners: USA 19%, UAE 7%, China 4%, Germany 3%, UK 3% (2023)
Export commodities: refined petroleum, packaged medicine, diamonds, broadcasting equipment, garments (2023)
Import partners: China 19%, Russia 10%, USA 6%, UAE 6%, Saudi Arabia 5% (2023)
Import commodities: crude petroleum, gold, coal, natural gas, integrated circuits (2023)
Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan
Military expenditure: 2024: 2% of GDP (2024 est.)
Information derived from worldfactbook.io (Lupon Media), open successor to the CIA World Factbook. Data sourced from World Bank, IMF, UN and other international organizations.