Converter Indian Rupee (exchange rate INR)

Indian Rupee

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India Current Account to GDP

The Current Account in India was last reported at -3.7 percent of GDP in 2011/12 fiscal year. From 1980 until 2010, India's average Current Account as percent of GDP was -1.24 percent reaching an historical high of 1.50 percent in December of 2003 and a record low of -3.20 percent in December of 2010. Usually, when India records a strong current account, its Gross Domestic Product expands boosted by exports revenues. Also, India's exchange rate appreciates as investors begin to expect higher interest rates going forward. However, when India reports a stronger than expected current account to GDP, it may also lead to economic overheating and a general rise in prices, also known as inflation, which will make India's products less competitive when sold abroad. This page includes a chart with historical data for India's Current Account as a percent of GDP.

source: Ministry of Finance, Government of India

India Government Budget

India reported a government budget deficit equivalent to 4.6 percent of the Gross Domestic Product (GDP) in the fiscal year ending March 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: India Government Budget chart, historical data and news.

source: Ministry of Finance, Government of India

India Business Confidence

In India, business confidence declined to 125.2 in January of 2012 from 125.4 in October of 2011. In India, the NCAER (National Council of Applied Economic Research) - MasterCard Worldwide Index of Business Confidence measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Survey incorporates four indicators: overall economic conditions six months from now, financial position of firms six months from now, investment climate and capacity utilisation level. Data is collected through personal interviews and questionnaires sent to a diverse range of businesses across various regions in India. This page includes: India Business Confidence chart, historical data and news.

source: NCAER Mastercard

India Inflation Rate

The inflation rate in India was last reported at 7.23 percent in April of 2012. From 1969 until 2010, the average inflation rate in India was 7.99 percent reaching an historical high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: India Inflation Rate chart, historical data and news.

source: Ministry of Statistics and Programme Implementation

India Industrial Production

Industrial Production in India declined 3.5 percent in March of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 1994 until 2010, India's industrial production averaged 7.49 percent reaching an historical high of 17.70 percent in December of 2009 and a record low of -0.20 percent in December of 2008. This page includes: India Industrial Production chart, historical data and news.

source: Ministry of Statistics and Programme Implementation

India GDP Annual Growth Rate

The Gross Domestic Product (GDP) in India expanded 6.1 percent in the fourth quarter of 2011 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 2004 until 2011, India's average annual GDP Growth was 8.45 percent reaching an historical high of 10.10 percent in September of 2006 and a record low of 5.50 percent in December of 2004. This page includes: India GDP Annual Growth Rate chart, historical data, forecasts and news. Data is also available for India GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Ministry of Statistics and Programme Implementation

India Balance of Trade

India reported a trade deficit equivalent to 13906 Million USD in March of 2012. India is leading exporter of gems and jewelry, textiles, engineering goods, chemicals, leather manufactures and services. India is poor in oil resources and is currently heavily dependent on coal and foreign oil imports for its energy needs. Other imported products are: machinery, gems, fertilizers and chemicals. Main trading partners are European Union, The United States, China and UAE . This page includes: India Balance of Trade chart, historical data and news.

source: Directorate General of Commerce

India Imports

India imports were worth 39782 Million USD in February of 2012. India is poor in oil resources and is currently heavily dependent on coal and foreign oil imports for its energy needs. Other imported products are: machinery, gems, fertilizers and chemicals. Main import partners are European Union, Saudi Arabia and United States. This page includes: India Imports chart, historical data and news.

source: Directorate General of Commerce

India Exports

India exports were worth 28682 Million USD in March of 2012. Exports amount to 22% of India’s GDP. Gems and jewelry constitute the single largest export item, accounting for 16 percent of exports. India is also leading exporter of textile goods, engineering goods, chemicals, leather manufactures and services. India’s main export partners are European Union, United States, United Arab Emirates and China. This page includes: India Exports chart, historical data and news.

source: Directorate General of Commerce

India Interest Rate

The benchmark interest rate in India was last reported at 8 percent. In India, interest rate decisions are taken by the Reserve Bank of India's Central Board of Directors. The official interest rate is the benchmark repurchase rate. From 2000 until 2010, India's average interest rate was 5.82 percent reaching an historical high of 14.50 percent in August of 2000 and a record low of 3.25 percent in April of 2009. This page includes: India Interest Rate chart, historical data and news.

source: Reserve Bank of India

India Current Account

India reported a current account deficit equivalent to 19.6 Billion USD in the fourth quarter of 2011. India is leading exporter of gems and jewelry, textiles, engineering goods, chemicals, leather manufactures and services. India is poor in oil resources and is currently heavily dependent on coal and foreign oil imports for its energy needs. Other imported products are: machinery, gems, fertilizers and chemicals. Main trading partners are European Union, The United States, China and UAE . This page includes: India Current Account chart, historical data and news.

source: Reserve Bank of India

India Consumer Confidence

In India, consumer confidence improved to 75.2 in the first half of 2011 from 73 in the second half of 2010. In India, the twice annual MasterCard Index of Consumer Confidence analyzes prevailing consumer perceptions of economic conditions for the next six-months. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes: India Consumer Confidence chart, historical data and news.

source: Mastercard

India GDP Growth Rate

The Gross Domestic Product (GDP) in India expanded 6.1 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 2000 until 2011, India's average quarterly GDP Growth was 7.45 percent reaching an historical high of 11.80 percent in December of 2003 and a record low of 1.60 percent in December of 2002. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points. This page includes: India GDP Growth Rate chart, historical data, forecasts and news. Data is also available for India GDP Annual Growth Rate, which measures growth over a full economic year.

source: India Central Statistical Orga

India Unemployment Rate

The unemployment rate in India was last reported at 9.4 percent in 2009/10 fiscal year. From 1983 until 2000, India's Unemployment Rate averaged 7.20 percent reaching an historical high of 8.30 percent in December of 1983 and a record low of 5.99 percent in December of 1994. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: India Unemployment Rate chart, historical data and news.

source: India Ministry of Labour

India GDP per capita

The GDP per capita in India was last reported at 823 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in India standed at 766 US dollars in December of 2009. The GDP per capita in India is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, India's average GDP Per Capita was 335.05 dollars reaching an historical high of 822.76 dollars in December of 2010 and a record low of 180.86 dollars in December of 1960. This page includes a chart with historical data for India's GDP Per Capita.

source: World Bank

India GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in India was last reported at 3582 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in India standed at 3310 US dollars in December of 2009. The GDP per capita PPP in India is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, India's average GDP per capita PPP was 1413.43 dollars reaching an historical high of 3582.48 dollars in December of 2010 and a record low of 415.30 dollars in December of 1980. This page includes a chart with historical data for India's GDP per capita PPP.

source: World Bank

India Population

The total population in India was last reported at 1210.2 million people in 2010 from 434.9 million in 1960, changing 178 percent during the last 50 years. India has 17.54 percent of the world´s total population which means that one person in every 6 people on the planet is a resident of India. This page includes a chart with historical data for India's Total Population.

source: World Bank

India Government Debt To GDP

The Government Debt in India was last reported at 69.2 percent of the country´s GDP. From 1991 until 2010, India's average Government Debt to GDP was 72.60 percent reaching an historical high of 81.20 percent in December of 2003 and a record low of 64.10 percent in December of 1996. Generally, Government debt as a percent of GDP is used by investors to measure India's ability to make future payments on its debt, thus affecting India's borrowing costs and government bond yields. This page includes a chart with historical data for India's General Government Gross Debt as a percent of GDP.

source: International Monetary Fund

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21 May 2012 ► Converter Indian Rupee ► Free online currency conversion based on exchange rates. Currency converter