India has emerged as the fastest growing economy in the world, surpassing China across different economic parameters. In 2019-2020, its economy is expected to grow at 7.6% per annum. It is a country with an estimated population of 133.92 crores, 50% of which is below
1. India’s population is expected to reach 1.9 billion by 2050.
2. India’s GDP per capita is $1,500.
3. India’s literacy rate is 80%.
4. India’s average life expectancy is 69 years.
5. India’s birth rate is 2.8 births per woman.
6. India’s fertility rate is 2.2 children born per woman.
7. India’s annual economic growth rate is 6.5%.
8. India’s current account balance is -$20 billion.
9. India’s inflation rate is 4.5%.
10. India’s unemployment rate is 5.8%.
11. India’s debt-to-GDP ratio is 70%.
12. India’s foreign exchange reserves are $250 billion.
13. India’s trade deficit is $50 billion.
14. India’s exports are $200 billion.
