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India

India Local currency at current prices Stats

Definitions

  • Aggregate indicators > GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Aggregate indicators > Gross domestic savings > Current: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
  • Aggregate indicators > Gross value added at factor cost: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency."
  • Aggregate indicators > Net current transfers from abroa: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
  • Aggregate indicators > Net taxes on products > Current : Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency."
  • Expenditure on GDP > Changes in inventories > Current L: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current local currency."
  • Expenditure on GDP > Exports > Goods and services > Cu: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • Expenditure on GDP > External balance on goods and serv: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • Expenditure on GDP > Final > Consumption expenditure > Etc: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.
  • Expenditure on GDP > General government final consumpti: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency."
  • Expenditure on GDP > Gross fixed capital formation > Cu: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency."
  • Expenditure on GDP > Gross national expenditure > Curre: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency."
  • Expenditure on GDP > Household final > Consumption expend: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency."
  • Value added > Agriculture > Value added > Current LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Services > Etc. > Value added > Current LCU: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
STAT AMOUNT DATE RANK HISTORY
Aggregate indicators > GDP > Current LCU 62.31 trillion 2009 10th out of 168
Aggregate indicators > Gross domestic savings > Current 18.93 trillion 2009 7th out of 130
Aggregate indicators > Gross value added at factor cost 58.68 trillion 2009 7th out of 120
Aggregate indicators > Net current transfers from abroa 2.48 trillion 2009 7th out of 124
Aggregate indicators > Net taxes on products > Current 3.63 trillion 2009 10th out of 111
Expenditure on GDP > Changes in inventories > Current L 834.19 billion 2009 5th out of 126
Expenditure on GDP > Exports > Goods and services > Cu 12.83 trillion 2009 11th out of 138
Expenditure on GDP > External balance on goods and serv -2,906,723,035,449.5 2009 132nd out of 139
Expenditure on GDP > Final > Consumption expenditure > Etc 43.38 trillion 2009 10th out of 130
Expenditure on GDP > General government final consumpti 7.67 trillion 2009 11th out of 127
Expenditure on GDP > Gross fixed capital formation > Cu 20.19 trillion 2009 6th out of 127
Expenditure on GDP > Gross national expenditure > Curre 65.22 trillion 2009 8th out of 138
Expenditure on GDP > Household final > Consumption expend 35.72 trillion 2009 9th out of 123
Value added > Agriculture > Value added > Current LCU 10.05 trillion 2009 8th out of 123
Value added > Services > Etc. > Value added > Current LCU 32.06 trillion 2009 8th out of 121

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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India Economy > National accounts > Local currency at current prices Profiles (Subcategories)

Aggregate indicators 8 Value added 4
Expenditure on GDP 12

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