India Macro Data 2024 Flashcards

1
Q

GDP

A

$3.42 Trillion

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2
Q

Annual GDP Increase (2024)

A

7.3%

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3
Q

GDP per Capita

A

$2.85 thousand

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4
Q

GDP per Capita (PPP share of World)

A

7.75%

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5
Q

Inflation Rate (2024)

A

4.85%

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6
Q

Unemployment Rate (2024)

A

8.1%

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7
Q

Government Debt:GDP (2024)

A

82.3%

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8
Q

GNI per Capita (2024)

A

$2,390

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9
Q

Fiscal deficit (2023)

A

$133.1 Billion

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10
Q

India Head of State

A

Droupadi Murmu

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11
Q

India Exports by Sector

A

ICT: 30.11%
Petroleom Oils, refined: 7.31%
Transport: 4.83%
Diamonds: 4.2%

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12
Q

India Imports by Sector

A

ICT:

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13
Q

Corporation Tax Rate

A

Main Rate is 25%

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14
Q

General VAT Rate

A

18%

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15
Q

Forecasted GDP Growth Rate (FY 25)

A

6.5%

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16
Q

Why might we not see growth in India?

A

Uneven implementation of reform history and labour market weakness due to minimal femal participation.

17
Q

Core Inflation Rate (2023)

A

Decelerated to 3.7% from 6.0%