GDP:
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purchasing power parity - $3.033 trillion (2003 est.)
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GDP - real growth rate:
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8.3% (2003 est.)
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GDP - per capita:
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purchasing power parity - $2,900 (2003 est.)
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GDP - composition by sector:
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agriculture: 23.6%
industry: 28.4%
services: 48% (2002 est.)
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Investment (gross fixed):
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23.1% of GDP (2003)
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Population below poverty line:
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25% (2002 est.)
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Household income or consumption by percentage share:
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lowest 10%: 3.5%
highest 10%: 33.5% (1997)
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Distribution of family income - Gini index:
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37.8 (1997)
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Inflation rate (consumer prices):
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3.8% (2003 est.)
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Labor force:
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472 million (2003)
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Labor force - by occupation:
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agriculture 60%, industry 17%, services 23% (1999)
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Unemployment rate:
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9.5% (2003)
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Budget:
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revenues: $86.69 billion
expenditures: $114.6 billion, including capital expenditures of $13.5 billion (2003)
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Public debt:
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59.7% of GDP (2003)
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Industries:
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textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software
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Industrial production growth rate:
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6.5% (2003 est.)
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Electricity - production:
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533.3 billion kWh (2001)
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Electricity - production by source:
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fossil fuel: 81.7%
hydro: 14.5%
other: 0.3% (2001)
nuclear: 3.4%
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Electricity - consumption:
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497.2 billion kWh (2001)
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Electricity - exports:
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321 million kWh (2001)
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Electricity - imports:
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1.54 billion kWh (2001)
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Oil - production:
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732,400 bbl/day (2001 est.)
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Oil - consumption:
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2.13 million bbl/day (2001 est.)
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Oil - exports:
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NA (2001)
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Oil - imports:
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NA (2001)
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Oil - proved reserves:
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4.33 billion bbl (1 January 2002)
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Natural gas - production:
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22.75 billion cu m (2001 est.)
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Natural gas - consumption:
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22.75 billion cu m (2001 est.)
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Natural gas - exports:
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0 cu m (2001 est.)
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Natural gas - imports:
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0 cu m (2001 est.)
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Natural gas - proved reserves:
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542.4 billion cu m (1 January 2002)
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Agriculture - products:
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rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish
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Current account balance:
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$3.41 billion (2003)
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Exports:
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$57.24 billion f.o.b. (2003 est.)
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Exports - commodities:
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textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
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Exports - partners:
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US 20.3%, China 6.3%, UK 5.2%, Hong Kong 4.7%, Germany 4.3% (2003 est.)
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Imports:
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$74.15 billion f.o.b. (2003 est.)
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Imports - commodities:
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crude oil, machinery, gems, fertilizer, chemicals
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Imports - partners:
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US 6.7%, Belgium 5.9%, UK 5%, China 4.5%, Singapore 4.2% (2003 est.)
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Reserves of foreign exchange & gold:
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$102.3 billion (2003)
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Debt - external:
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$101.7 billion (2003 est.)
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Economic aid - recipient:
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$2.9 billion (FY98/99)
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Currency code:
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INR
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