Gdp Composition of India

India gross domestic product Composition Sector Wise The Gross Domestic crossway or gross domestic product is the indicator of the performance of an economy. According to the estimates of 2008, Indias gross domestic product is $1.209 trillion and this is slated to make improvement in the coming times. It is estimated that Indias GDP will grow by 6.5% in the year 2009. In 2008 the countrys GDP was 9%; the slowdown that has been witnessed this year in the estimates is largely due to the slowdown witnessed by the agriculture and the industrial areas. A look at the India GDP composition sphere wise throws up some interesting figures. The agriculture welkin contributed 17.2%; industry contributed 29.1% while the service sector had a section of 52.7% according to 2008 estimates. Sectors contributing to Indias GDP India is a vast country, so the sectors contributing to the countrys GDP is also big in numbers. Various sectors f every(prenominal)ing under the India GDP composition includes aliment processing, transportation equipment, petroleum, textiles, software, agriculture, mining, machinery, chemicals, steel, cement and many others. market-gardening is the pre dominant work in India, employing to a greater extent than 50% of the population. The service sector accounts for employing more than 25% while the industrial sector accounts for more than 10%.

Indias GDP Statistics GDP: $1.209 trillion (2008 Estimate) GDP Growth: 6.7% (2009) GDP per capita: $1016 GDP by sector (2008 Estimate): Agriculture: 17.2% Industry: 29.1% serve: 53.7% Inflation: 7.8% (2008 Estimate) Labor force: 523.5 million (2008 Estimate Agriculture contri to gdp Agriculture Growth Rate in India GDP had been growing precedent but in the last few years it is forever declining. Still, the Growth Rate of Agriculture in India GDP in the share of the countrys GDP remains the biggest economic sector in the country. India GDP means the total value of all the services and goods that are produced deep down the territory of the nation within the specified time period. The... If you want to get a rich essay, order it on our website: Orderessay

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