India Economy
Economy - overview: India's economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services. More than a third of the population is too poor to be able to afford an adequate diet. India's international payments position remained strong in 2000 with adequate foreign exchange reserves, moderately depreciating nominal exchange rates, and booming exports of software services. Growth in manufacturing output slowed, and electricity shortages continue in many regions.
GDP: purchasing power parity - $2.2 trillion (2000 est.)
GDP - real growth rate: 6% (2000 est.)
GDP - per capita: purchasing power parity - $2,200 (2000 est.)
GDP - composition by sector: agriculture: 25%
industry: 24%
services: 51% (2000)
Population below poverty line: 35% (1994 est.)
Household income or consumption by percentage share: lowest 10%: 3.5%