India's economic structure

Economic structure
Sep 12th 2007
From the Economist Intelligence Unit
Source: Country Profile

	2003(a)	2004(a)	2005(a)	2006(a)	2007(b)
GDP at market prices (Rs bn)(c)	27,654.9	31,266.0	35,671.8	41,257.3	46,379.0(d)
GDP (US$ bn)	596.1	692.7	805.6	922.3	1,124.0(d)
Real GDP growth (%)(e)	8.4	8.3	9.2	9.4	8.4(d)
Consumer price inflation (av; %)	3.8	3.8	4.2	6.2	5.7
Population (m)	1,049.7	1,065.1	1,080.3	1,095.4(b)	1,110.4
Exports of goods fob (US$ m)	60,895.0	77,939.0	102,328.0	123,208.0	144,426.5
Imports of goods fob (US$ m)	-75,537.0	-105,975.0	-149,200.0	-184,362.0	-225,472.6
Current-account balance (US$ m)	8,773.0	781.0	-7,810.0	-10,357.0	-16,182.3
Foreign-exchange reserves excl gold (US$ m)	98,938.0	126,593.0	131,924.0	170,738.0	236,524.2
Total external debt (US$ bn)	112.9	124.4	123.1	131.1(b)	138.6
Debt-service ratio, paid (%)	18.8	13.7	13.0(b)	7.8(b)	7.3
Exchange rate (av) Rs:US$	46.58	45.32	44.10	45.31	41.49
(a) Actual. (b) Economist Intelligence Unit estimates. (c) Fiscal year (beginning April 1st of year indicated); seasonally adjusted; includes statistical discrepancy. (d) Economist Intelligence Unit forecasts. (e) Fiscal year (beginning April 1st of year indicated).

Origins of gross domestic product 2006(a)	% of total	Components of gross domestic product 2006(a)	% of total
Agriculture	17.5	Private consumption	56.4
Industry	27.9	Government consumption	11.3
Manufacturing	16.1	Fixed investment	29.5
Services	54.6	Stockbuilding	2.9
Statistical discrepancy	0.0	Exports of goods&services	23.0
		Imports of goods&services	25.8

Principal exports 2006(ab)	US$ bn	Principal imports 2006(ab)	US$ bn
Engineering goods	26.2	Petroleum&petroleum products	57.1
Petroleum products	18.6	Machinery	32.7
Textiles&clothing	16.1	Electronic goods	15.9
Gems&jewellery	15.6	Gold&silver	14.6
Agricultural&allied products(c)	11.2	Chemicals	7.8

Main destinations of exports 2006	% of total	Main origins of imports 2006	% of total
US	19.1	China	7.3
UAE	9.4	US	6.5
China	8.4	Germany	5.2
UK	4.9	Singapore	4.8
(a) Fiscal year (beginning April 1st). (b) Department of Commerce. (c) Includes plantation and marine products.