100+ datasets found
  1. Gross domestic product (GDP) per capita in India 2030

    • statista.com
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    Statista, Gross domestic product (GDP) per capita in India 2030 [Dataset]. https://www.statista.com/statistics/263776/gross-domestic-product-gdp-per-capita-in-india/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The statistic shows the gross domestic product (GDP) per capita in India from 1987 to 2030. 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.

  2. T

    India GDP per capita

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). India GDP per capita [Dataset]. https://tradingeconomics.com/india/gdp-per-capita
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    India
    Description

    The Gross Domestic Product per capita in India was last recorded at 2396.71 US dollars in 2024. The GDP per Capita in India is equivalent to 19 percent of the world's average. This dataset provides - India GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. T

    India GDP Per Capita Growth Annual Percent

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 29, 2017
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    TRADING ECONOMICS (2017). India GDP Per Capita Growth Annual Percent [Dataset]. https://tradingeconomics.com/india/gdp-per-capita-growth-annual-percent-wb-data.html
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    May 29, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    India
    Description

    Actual value and historical data chart for India GDP Per Capita Growth Annual Percent

  4. y

    India GDP per Capita Growth

    • ycharts.com
    html
    Updated Sep 5, 2025
    + more versions
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    World Bank (2025). India GDP per Capita Growth [Dataset]. https://ycharts.com/indicators/india_gdp_per_capita_growth
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    htmlAvailable download formats
    Dataset updated
    Sep 5, 2025
    Dataset provided by
    YCharts
    Authors
    World Bank
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Dec 31, 1961 - Dec 31, 2024
    Area covered
    India
    Variables measured
    India GDP per Capita Growth
    Description

    View yearly updates and historical trends for India GDP per Capita Growth. Source: World Bank. Track economic data with YCharts analytics.

  5. T

    India GDP per capita PPP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 24, 2012
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    TRADING ECONOMICS (2012). India GDP per capita PPP [Dataset]. https://tradingeconomics.com/india/gdp-per-capita-ppp
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    May 24, 2012
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    India
    Description

    The Gross Domestic Product per capita in India was last recorded at 9817.07 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in India, when adjusted by Purchasing Power Parity is equivalent to 55 percent of the world's average. This dataset provides - India GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  6. Gross domestic product (GDP) per capita in the BRICS countries 2000-2030

    • statista.com
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    Statista, Gross domestic product (GDP) per capita in the BRICS countries 2000-2030 [Dataset]. https://www.statista.com/statistics/741745/gross-domestic-product-gdp-per-capita-in-the-bric-countries/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    China, Russia, Brazil, India
    Description

    In 2021, the BRICS countries with the highest estimated GDP per capita were Russia and China, with between 12,000 and 13,000 U.S. dollars per person. Brazil and South Africa's GDP per capita are thought to be closer to the 7,000 mark, while India's GDP per capita is just over 2,000 U.S. dollars. This a significant contrast to figures for overall GDP, where China has the largest economy by a significant margin, while India's is the second largest. The reason for this disparity is due to population size. For example, both China's population and overall GDP are roughly 10 times larger than those of Russia, which results in them having a comparable GDP per capita. Additionally, India's population is 23 times larger than South Africa's, but it's GDP is just seven times larger; this results in South Africa having a higher GDP per capita than India, despite it being the smallest of the BRICS economies.

  7. I

    India Real GDP Growth

    • ceicdata.com
    Updated Nov 15, 2025
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    CEICdata.com (2025). India Real GDP Growth [Dataset]. https://www.ceicdata.com/en/indicator/india/real-gdp-growth
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    Dataset updated
    Nov 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2022 - Sep 1, 2025
    Area covered
    India
    Description

    Key information about India Real GDP Growth

    • The Gross Domestic Product (GDP) in India expanded 8.2 % YoY in Sep 2025, following a growth of 7.8 % in the previous quarter.
    • Real GDP Growth YoY data in India is updated quarterly, available from Jun 2005 to Sep 2025, with an average rate of 7.6 %.
    • The data reached an all-time high of 22.6 % in Jun 2021 and a record low of -23.1 % in Jun 2020.
    CEIC calculates Real GDP Growth from quarterly Real GDP. Ministry of Statistics and Programme Implementation provides Real GDP in local currency based on SNA 2008, at 2011-2012 prices. Real GDP prior to Q2 2012 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


    Related information about India Real GDP Growth

    • In the latest reports, Nominal GDP of India reached 975.9 USD bn in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025.
    • GDP Per Capita in India reached 2,777.6 USD in Mar 2025.
    • Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
    • For Nominal GDP contributions, Investment accounted for 34.8 % in Sep 2025.
    • Public Consumption accounted for 9.1 % in Sep 2025.
    • Private Consumption accounted for 62.5 % in Sep 2025.

  8. Growth rate in GDP per capita in India 2014-2016 by city

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Growth rate in GDP per capita in India 2014-2016 by city [Dataset]. https://www.statista.com/statistics/887005/india-gdp-per-capita-growth-rate-by-city/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    This statistic illustrates the growth rate in gross domestic product (GDP) per capita across India from 2014 to 2016, by city. The growth rate in GDP per capita of Hyderabad was around *** percent during the measured time period, while the growth rate in GDP per capita of Bangalore was about *** percent.

  9. India's GDP and Per Capita from 1961

    • kaggle.com
    zip
    Updated Jul 18, 2022
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    Josebin Jose (2022). India's GDP and Per Capita from 1961 [Dataset]. https://www.kaggle.com/datasets/josebinjose/indias-gdp-and-per-capita-from-1961
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    zip(1091 bytes)Available download formats
    Dataset updated
    Jul 18, 2022
    Authors
    Josebin Jose
    Area covered
    India
    Description

    The following is the data on India's Gross Domestic Product and Per Capita Income since 1960. The dataset also provides information on the percentage of GDP growth and per capita income. Hope it finds interesting and useful. Resources: https://www.macrotrends.net/countries/IND/india/gdp-gross-domestic-product https://www.macrotrends.net/countries/IND/india/gdp-per-capita https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=IN https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=IN

  10. F

    Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from...

    • fred.stlouisfed.org
    json
    Updated Sep 17, 2012
    + more versions
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    (2012). Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for India [Dataset]. https://fred.stlouisfed.org/series/RGDPL2INA625NUPN
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    jsonAvailable download formats
    Dataset updated
    Sep 17, 2012
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    India
    Description

    Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for India (RGDPL2INA625NUPN) from 1950 to 2010 about India, PPP, domestic, per capita, GDP, and rate.

  11. Per capita national income in India FY 2015-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita national income in India FY 2015-2025 [Dataset]. https://www.statista.com/statistics/802122/india-net-national-income-per-capita/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    India’s per capita net national income or NNI was around *** thousand rupees in financial year 2025. The annual growth rate was *** percent as compared to the previous year. National income indicators   While GNI (Gross National Income) and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. In 2020, India ranked second amongst the Asia Pacific countries in terms of its gross national income. This has been possible due to a favorable GDP growth in India. Measuring wealth versus welfare   National income per person or per capita is often used as an indicator of people's standard of living and welfare. However, critics object to this by citing that since it is a mean value, it does not reflect the real income distribution. In other words, a small wealthy class of people in the country can skew the per capita income substantially, even though the average population has no change in income. This is exemplified by the fact that in India, the top one percent of people, control over 40 percent of the country’s wealth.

  12. T

    India GDP Annual Growth Rate

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 28, 2025
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    TRADING ECONOMICS (2025). India GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/india/gdp-growth-annual
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1951 - Sep 30, 2025
    Area covered
    India
    Description

    The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. I

    India IN: Ref. Year = 2011-12: Real Gross Domestic Product: Per Capita: PPP

    • ceicdata.com
    Updated Jan 1, 2012
    + more versions
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    CEICdata.com (2012). India IN: Ref. Year = 2011-12: Real Gross Domestic Product: Per Capita: PPP [Dataset]. https://www.ceicdata.com/en/india/gdp-per-capita-forecast-non-oecd-member-annual/in-ref-year--201112-real-gross-domestic-product-per-capita-ppp
    Explore at:
    Dataset updated
    Jan 1, 2012
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2014 - Dec 1, 2025
    Area covered
    India
    Variables measured
    Gross Domestic Product
    Description

    India IN: Ref. Year = 2011-12: Real Gross Domestic Product (GDP): Per Capita: PPP data was reported at 0.000 INR bn in 2025. This records an increase from the previous number of 0.000 INR bn for 2024. India IN: Ref. Year = 2011-12: Real Gross Domestic Product (GDP): Per Capita: PPP data is updated yearly, averaging 0.000 INR bn from Dec 1995 (Median) to 2025, with 31 observations. The data reached an all-time high of 0.000 INR bn in 2025 and a record low of 0.000 INR bn in 1995. India IN: Ref. Year = 2011-12: Real Gross Domestic Product (GDP): Per Capita: PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: GDP: Per Capita: Forecast: Non OECD Member: Annual. GDPV_CAP - Gross domestic product per capita volumeExpenditure approach OECD calculation, see OECD Economic Outlook database documentation

  14. India GDP Rate 1960-2022

    • kaggle.com
    zip
    Updated Nov 17, 2022
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    Raj Kumar Pandey (2022). India GDP Rate 1960-2022 [Dataset]. https://www.kaggle.com/datasets/rajkumarpandey02/india-gdp-rate-19602022
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    zip(1120 bytes)Available download formats
    Dataset updated
    Nov 17, 2022
    Authors
    Raj Kumar Pandey
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Area covered
    India
    Description

    CONTEXT :

    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.

    Determining gross domestic product (GDP)

    GDP can be determined in three ways, all of which should, theoretically, give the same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy.

    CONTENT - YEAR - GDP - Per Capita Income - Growth Rate

    Acknowledgements

    The Method for collecting the Data is Web Scraping

  15. I

    India GDP per capita, current dollars - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Apr 27, 2015
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    Globalen LLC (2015). India GDP per capita, current dollars - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/India/gdp_per_capita_current_dollars/
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    excel, csv, xmlAvailable download formats
    Dataset updated
    Apr 27, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    India
    Description

    India: GDP per capita, current U.S. dollars: The latest value from 2024 is 2696.66 U.S. dollars, an increase from 2530.12 U.S. dollars in 2023. In comparison, the world average is 19439.19 U.S. dollars, based on data from 176 countries. Historically, the average for India from 1960 to 2024 is 688.16 U.S. dollars. The minimum value, 84.93 U.S. dollars, was reached in 1960 while the maximum of 2696.66 U.S. dollars was recorded in 2024.

  16. GDP per capita at current prices in India 2016-2024

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). GDP per capita at current prices in India 2016-2024 [Dataset]. https://www.statista.com/statistics/1252548/india-gdp-per-capita-at-current-prices/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    In 2020, the GDP per capita at current prices in India was estimated to approximately ***** U.S. dollars. Projections from per capita GDP are expected to increase up to 2024, with a projected GDP per capita of ***** U.S. dollars projected for that year.

  17. t

    GDP | India | 2013 - 2025 | Data, Charts and Analysis

    • themirrority.com
    Updated Apr 1, 2013
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    (2013). GDP | India | 2013 - 2025 | Data, Charts and Analysis [Dataset]. https://www.themirrority.com/data/gdp
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    Dataset updated
    Apr 1, 2013
    License

    Attribution-NonCommercial-NoDerivs 4.0 (CC BY-NC-ND 4.0)https://creativecommons.org/licenses/by-nc-nd/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2013 - Sep 30, 2025
    Area covered
    India
    Variables measured
    GDP
    Description

    Data and expert analysis on India’s GDP and GSDP including per capita values, sector and industry contribution, GVA, and comparison with global peers.

  18. I

    India NSDP Per Capita: Uttar Pradesh

    • ceicdata.com
    Updated Aug 7, 2020
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    CEICdata.com (2020). India NSDP Per Capita: Uttar Pradesh [Dataset]. https://www.ceicdata.com/en/india/memo-items-state-economy-net-state-domestic-product-per-capita/nsdp-per-capita-uttar-pradesh
    Explore at:
    Dataset updated
    Aug 7, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2013 - Mar 1, 2024
    Area covered
    India
    Variables measured
    Gross Domestic Product
    Description

    NSDP Per Capita: Uttar Pradesh data was reported at 93,422.086 INR in 2024. This records an increase from the previous number of 83,056.934 INR for 2023. NSDP Per Capita: Uttar Pradesh data is updated yearly, averaging 57,944.312 INR from Mar 2012 (Median) to 2024, with 13 observations. The data reached an all-time high of 93,422.086 INR in 2024 and a record low of 32,002.002 INR in 2012. NSDP Per Capita: Uttar Pradesh data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.GEI004: Memo Items: State Economy: Net State Domestic Product per Capita.

  19. I

    India Nominal GDP

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). India Nominal GDP [Dataset]. https://www.ceicdata.com/en/indicator/india/nominal-gdp
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    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2022 - Sep 1, 2025
    Area covered
    India
    Description

    Key information about India Nominal GDP

    • India Nominal GDP reached 975.9 USD bn in Sep 2025, compared with 1,005.7 USD bn in the previous quarter.
    • Nominal GDP in India is updated quarterly, available from Jun 1996 to Sep 2025, with an average number of 456.6 USD bn.
    • The data reached an all-time high of 1,018.0 USD bn in Mar 2025 and a record low of 84.1 USD bn in Sep 1996.

    CEIC converts quarterly Nominal GDP into USD. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q2 2011 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices and prior to Q2 2004 is based on SNA 1993, at 1999-2000 prices.


    Related information about India Nominal GDP

    • In the latest reports, India GDP expanded 8.2 % YoY in Sep 2025.
    • Its GDP deflator (implicit price deflator) increased 0.5 % in Sep 2025.
    • India GDP Per Capita reached 2,777.6 USD in Mar 2025.
    • Its Gross Savings Rate was measured at 30.7 % in Mar 2024.
    • For Nominal GDP contributions, Investment accounted for 34.8 % in Sep 2025.
    • Public Consumption accounted for 9.1 % in Sep 2025.
    • Private Consumption accounted for 62.5 % in Sep 2025.

  20. Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S....

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Gross domestic product (GDP) per capita United Kingdom 2030 (in U.S. dollars) [Dataset]. https://www.statista.com/statistics/263600/gross-domestic-product-gdp-per-capita-in-the-united-kingdom/
    Explore at:
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.

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Statista, Gross domestic product (GDP) per capita in India 2030 [Dataset]. https://www.statista.com/statistics/263776/gross-domestic-product-gdp-per-capita-in-india/
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Gross domestic product (GDP) per capita in India 2030

Explore at:
8 scholarly articles cite this dataset (View in Google Scholar)
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
India
Description

The statistic shows the gross domestic product (GDP) per capita in India from 1987 to 2030. 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.

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