India Imports: Developing Countries: Others data was reported at 9.304 USD bn in 2018. This records an increase from the previous number of 7.344 USD bn for 2017. India Imports: Developing Countries: Others data is updated yearly, averaging 1.047 USD bn from Mar 1988 (Median) to 2018, with 31 observations. The data reached an all-time high of 44.514 USD bn in 2006 and a record low of 0.300 USD mn in 1993. India Imports: Developing Countries: Others data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JAA008: Imports by Country: USD (Annual).

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

India Exports: Developing Countries: Asia data was reported at 99.849 USD bn in 2018. This records an increase from the previous number of 88.574 USD bn for 2017. India Exports: Developing Countries: Asia data is updated yearly, averaging 13.981 USD bn from Mar 1988 (Median) to 2018, with 31 observations. The data reached an all-time high of 99.849 USD bn in 2018 and a record low of 1.443 USD bn in 1988. India Exports: Developing Countries: Asia data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JAA007: Exports by Country: USD (Annual).

The statistic shows the gross domestic product (GDP) per capita in India from 1987 to 2029. In 2020, the estimated gross domestic product per capita in India amounted to about 1,915.55 U.S. dollars. See figures on India's economic growth here. For comparison, per capita GDP in China had reached about 6,995.25 U.S. dollars in 2013.

India's economic progress

India’s progress as a country over the past decade can be attributed to a global dependency on cheaper production of goods and services from developed countries around the world. India’s economy is built upon its agriculture, manufacturing and services sector, which, along with its drastic rise in population and demand for employment, led to a significant increase of the nation’s GDP per capita. Despite experiencing rather momentous economic gains since the mid 2000s, the Indian economy stagnated around 2012, with a decrease in general growth as well as the value of its currency. Residents and consumers in India have recently shown pessimism regarding the future of the Indian economy as well as their own financial situation, and with the recent economic standstill, consumer confidence in the country could potentially lower in the near future.

Typical Indian exports consist of agricultural products, jewelry, chemicals and ores. Imports consist primarily of crude oil, gold and precious stones, used primarily in the manufacturing of jewelry. As a result, India has seen a rather highly increased demand of several gems in order to boost their jewelry industry and in general their exports. Although India does not export an extensive amount of goods, especially when considering the stature of the country, India has remained as one of the world’s largest exporters.

The statistic shows GDP in India from 1987 to 2023, with projections up until 2029. In 2023, GDP in India was at around 3.57 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.

India Exports: Developing Countries: Asia: SAARC data was reported at 22.926 USD bn in 2018. This records an increase from the previous number of 19.222 USD bn for 2017. India Exports: Developing Countries: Asia: SAARC data is updated yearly, averaging 2.724 USD bn from Mar 1988 (Median) to 2018, with 31 observations. The data reached an all-time high of 22.926 USD bn in 2018 and a record low of 313.200 USD mn in 1988. India Exports: Developing Countries: Asia: SAARC data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JAA007: Exports by Country: USD (Annual).

The aim of the Human Development Report is to stimulate global, regional and national policy-relevant discussions on issues pertinent to human development. Accordingly, the data in the Report require the highest standards of data quality, consistency, international comparability and transparency. The Human Development Report Office (HDRO) fully subscribes to the Principles governing international statistical activities.

The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. The HDI can also be used to question national policy choices, asking how two countries with the same level of GNI per capita can end up with different human development outcomes. These contrasts can stimulate debate about government policy priorities. The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions.

The 2019 Global Multidimensional Poverty Index (MPI) data shed light on the number of people experiencing poverty at regional, national and subnational levels, and reveal inequalities across countries and among the poor themselves.Jointly developed by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford, the 2019 global MPI offers data for 101 countries, covering 76 percent of the global population. The MPI provides a comprehensive and in-depth picture of global poverty – in all its dimensions – and monitors progress towards Sustainable Development Goal (SDG) 1 – to end poverty in all its forms. It also provides policymakers with the data to respond to the call of Target 1.2, which is to ‘reduce at least by half the proportion of men, women, and children of all ages living in poverty in all its dimensions according to national definition'.

India: Financial development: The latest value from 2021 is 0.534 index points, a decline from 0.539 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for India from 1980 to 2021 is 0.372 index points. The minimum value, 0.121 index points, was reached in 1980 while the maximum of 0.539 index points was recorded in 2020.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Improving health is central to the Millennium Development Goals, and the public sector is the main provider of health care in developing countries. To reduce inequities, many countries have emphasized primary health care, including immunization, sanitation, access to safe drinking water, and safe motherhood initiatives. Data here cover health systems, disease prevention, reproductive health, nutrition, and population dynamics. Data are from the United Nations Population Division, World Health Organization, United Nations Children's Fund, the Joint United Nations Programme on HIV/AIDS, and various other sources.

India Imports: Developing Countries: Asia data was reported at 165.832 USD bn in 2018. This records an increase from the previous number of 133.352 USD bn for 2017. India Imports: Developing Countries: Asia data is updated yearly, averaging 11.304 USD bn from Mar 1988 (Median) to 2018, with 31 observations. The data reached an all-time high of 165.832 USD bn in 2018 and a record low of 2.077 USD bn in 1988. India Imports: Developing Countries: Asia data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JAA008: Imports by Country: USD (Annual).

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Private markets drive economic growth, tapping initiative and investment to create productive jobs and raise incomes. Trade is also a driver of economic growth as it integrates developing countries into the world economy and generates benefits for their people. Data on the private sector and trade are from the World Bank Group's Private Participation in Infrastructure Project Database, Enterprise Surveys, and Doing Business Indicators, as well as from the International Monetary Fund's Balance of Payments database and International Financial Statistics, the UN Commission on Trade and Development, the World Trade Organization, and various other sources.

In 2023, companies in India made 853 deals in private equity and venture capital (PE/VC) investment worth over 49 billion U.S. dollars. The value of these deals reached a new peak in 2022, with 1,273 deals.

During the 2023 financial year, the International Finance Corporation (IFC), part of the World Bank Group, supported a significant amount of private sector growth in developing countries globally. That year, India had the largest proportion of IFC exposures out of each country in their global portfolio, with over a 10 percent. Brazil followed behind with almost eight percent, and Turkey came third with over six percent.

Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in India was reported at 3.5756 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The role of developing countries is very important in dealing with global climate change because even the full elimination of developed country emissions would not avoid global warming. While the industrialized countries are urging big emitting developing countries (e.g., China, India) to enter into mandatory targets to reduce their GHG emissions, they are arguing against any quantified commitments in the near future. This issue is at the heart of the ongoing negotiations. One approach that developing countries are currently exploring is the implementation of GHG mitigation activities that do not impede their expected economic growth (i.e., pursue a strategy of low carbon economic growth) or implementation of so called win-win options for GHG mitigation. The WBG has launched studies in the six big emitting client countries (e.g., China, India, Mexico, Brazil, South Africa and Indonesia) to identify options for low carbon growth. While these studies are at different levels of development, none of these studies are expected to answer the following questions: (i) what level of GHG mitigation can these and other developing countries achieve without slowing down their expected economic growth? and how much would this mitigation contribute in meeting the ultimate objective of the UNFCCC? (ii) Even if the low carbon growth scenarios do not harm expected economic growth, how fair are they from a social perspective? Do these scenarios reduce income inequality and poverty? How would these scenarios impact low income households? (iii) If the win-win or low carbon growth scenarios do not result in significant contributions in meeting the ultimate objective of the UNFCCC, what would be economic impacts of more stringent measures to reduce GHG emissions? How would such measures impact the economic growth, income distribution and poverty? (iv) How would these results change if climate change adaptation is also taken into consideration? Answering these questions is enormously important to client countries in defining their short and long-term strategies to address the global climate change.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

Sample excludes Northeast states and remote islands, representing less than 10% of the population.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world’s population (see table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer’s gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 3000.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Climate change is expected to hit developing countries the hardest. Its effects—higher temperatures, changes in precipitation patterns, rising sea levels, and more frequent weather-related disasters—pose risks for agriculture, food, and water supplies. At stake are recent gains in the fight against poverty, hunger and disease, and the lives and livelihoods of billions of people in developing countries. Addressing climate change requires unprecedented global cooperation across borders. The World Bank Group is helping support developing countries and contributing to a global solution, while tailoring our approach to the differing needs of developing country partners. Data here cover climate systems, exposure to climate impacts, resilience, greenhouse gas emissions, and energy use. Other indicators relevant to climate change are found under other data pages, particularly Environment, Agriculture & Rural Development, Energy & Mining, Health, Infrastructure, Poverty, and Urban Development.

As of 2024, Mumbai had a gross domestic product of 368 billion U.S. dollars, the highest among other major cities in India. It was followed by Delhi with a GDP of around 167 billion U.S. dollars. India’s megacities also boast the highest GDP among other cities in the country. What drives the GDP of India’s megacities? Mumbai is the financial capital of the country, and its GDP growth is primarily fueled by the financial services sector, port-based trade, and the Hindi film industry or Bollywood. Delhi in addition to being the political hub hosts a significant services sector. The satellite cities of Noida and Gurugram amplify the city's economic status. The southern cities of Bengaluru and Chennai have emerged as IT and manufacturing hubs respectively. Hyderabad is a significant player in the pharma and IT industries. Lastly, the western city of Ahmedabad, in addition to its strategic location and ports, is powered by the textile, chemicals, and machinery sectors. Does GDP equal to quality of life? Cities propelling economic growth and generating a major share of GDP is a global phenomenon, as in the case of Tokyo, Shanghai, New York, and others. However, the GDP, which measures the market value of all final goods and services produced in a region, does not always translate to a rise in quality of life. Five of India’s megacities featured in the Global Livability Index, with low ranks among global peers. The Index was based on indicators such as healthcare, political stability, environment and culture, infrastructure, and others.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Natural and man-made environmental resources – fresh water, clean air, forests, grasslands, marine resources, and agro-ecosystems – provide sustenance and a foundation for social and economic development. The need to safeguard these resources crosses all borders. Today, the World Bank is one of the key promoters and financiers of environmental upgrading in the developing world. Data here cover forests, biodiversity, emissions, and pollution. Other indicators relevant to the environment are found under data pages for Agriculture & Rural Development, Energy & Mining, Infrastructure, and Urban Development.