The Great Recession and Developing Countries: Economic Impact and Growth Prospects (Part 1 of 2)

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Annex Table 6A.1. India: Basic Macroeconomic Indicators FY95

FY96

FY97

FY98

FY99

FY00

FY01

FY02

FY03

FY04

FY05

FY06

FY07

FY08

FY09

GDP (US$ billions)

323.5

356.3

388.3

410.9

416.3

450.5

460.2

477.9

507.2

599.5

700.9

810.2

914.9

1,176.9

1,159.2

GDP per capita (current US$)

363.2

391.5

418.5

434.4

431.8

458.3

453.4

464.4

484.9

564.5

649.6

739.2

821.3

1,040.6

1,009.7

Population growth (% per year)

2.3

2.0

2.0

1.9

1.9

2.0

3.3

1.4

1.7

1.5

1.6

1.6

1.6

1.5

1.5

GDP growth (% per year, at factor cost)

6.4

7.3

8.0

4.3

6.7

6.4

4.4

5.8

3.8

8.5

7.5

9.5

9.7

9.2

6.7

GDP growth by sector (% per year)

6.4

7.3

8.0

4.3

6.7

6.4

4.4

5.8

3.8

8.5

7.5

9.5

9.7

9.0

6.7

Agriculture

4.7

–0.7

9.9

–2.6

6.3

2.7

–0.3

6.3

–7.2

10.0

–0.1

5.3

3.7

4.7

1.6

Industry

9.3

11.6

6.7

3.7

4.1

4.6

6.4

2.7

7.1

7.4

10.3

8.1

13.6

9.3

3.1

Services

5.9

10.1

7.6

8.8

8.3

9.5

5.7

7.2

7.5

8.5

9.1

11.3

10.2

10.4

9.3

4.9

6.1

7.8

3.0

6.5

6.1

3.4

6.0

2.9

5.9

5.2

9.0

8.2

9.8

GDP growth by demand component (% per year) Private consumption

6.8

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