COUNTRY SNAPSHOTS
India Highlights
Prime Minister: Manmohan Singh
• GDP in India exceeded US$4,000 billion in 2010, which in purchasing power parity terms was nearly the same level as Japan, the OECD’s second largest economy.
Parliament website: www.parliamentofindia.nic.in
• GDP per head, at US$3,339, has more than doubled in the past decade.
Capital city: New Delhi
• CO2 emissions have risen sharply since 2000. • Value in stocks of outward foreign direct investments has increased from US$3 billion to $94 billion in the past decade. • The total population was over 1.2 billion in 2010, of which just 4.9% were aged 65 and over.
ECONOMY
2000 2010 1
GLOBALISATION
Gross domestic product (US$ bln, PPPs)
1 582.3 4 060.4
Imports of goods and services (% of GDP)
..
..
GDP per capita (US$)
1 518
3 339
Exports of goods and services (% of GDP)
..
..
Real GDP growth (annual %)
4.4
10.4
Net official development assistance (% of GNI)
..
..
Household disposable income (annual growth %)
..
..
Foreign-born population (% of population)
0.6
0.4 2
Budget balance (% of GDP)
..
..
Migration rate (per thousand)
..
..
Public debt (% of GDP)
..
..
Outward FDI stocks (US$ bln)
3
94
Current account balance (% of GDP)
-1.0
..
Inward FDI stocks (US$ bln)
20
198
Inflation rate: all items (annual %)
4.0
12.0
Unit labour cost (annual growth %)
..
..
SOCIETY
Long-term interest rates (%)
..
..
Population (thousands)
Public expenditure on health (% of GDP)
1.1
1.4 2
Life expectancy at birth (years)
61.3
64.1 2
Private expenditure on health (% of GDP)
3.3
2.8 2
Population, 65 and over (% of population)
4.2
4.9
Public expenditure on education (% of GDP)
..
..
Employment rates: men (%)
..
..
Private expenditure on education (% of GDP)
..
..
Employment rates: women (%)
..
..
Self-employment rates (% of employed)
..
..
NEW SOURCES OF GROWTH
Unemployment rates (%)
..
..
Renewable energy (% of energy supply)
34.0
Long-term unemployment (% of unemployed)
..
..
Total energy production (Mtoe)
366.4 ..
Income inequality, rank out of 34 (1: least unequal)
..
..
CO2 emissions from fuel combustion (mln tonnes)
972
1 586 2
Average hours actually worked (per year)
..
..
R&D expenditure (% of GDP)
..
..
Taxes on average worker (all-in, % of labour cost)
..
..
Tertiary graduation rates (% of population)
..
..
Road fatalities (per mln inhabitants)
80
..
Households with Internet access (%)
..
..
1. Unless otherwise indicated 2. 2009 data
138 OECD Yearbook 2012 © OECD 2012
..
1 053 898 1 224 614