Attribute | Value |
---|---|
Geography | |
Area | 3,287,263 km² |
Continent | Asia |
Land area | 2,973,193 km² |
Water area | 314,070 km² |
Land boundaries | 13,888 km |
Border countries |
|
Coastline | 7,000 km |
Mean elevation | 160 m |
Lowest point | 0 m |
Highest point | 8,586 m |
People | |
Population | 1,326,093,247 |
Official languages |
|
Religion | Hindu |
Government | |
Long country name | Republic of India |
Short country name | India |
Long local name | Republic of India/Bharatiya Ganarajya |
Short local name | India/Bharat |
Former name | Add |
Government type | Federal parliamentary republic |
Capital | New Delhi |
Economy | |
GDP (PPP) | 9,474,000,000,000 USD |
GDP (OER) | 2,602,000,000,000 USD |
GDP (real growth rate) | 6.7 % |
GDP - per capita (PPP) | 7,200 USD |
Gross national saving | 28.8 % of GDP |
Labor force | 521,900,000 |
Unemployment rate | 8.5 % |
Population below poverty line | 21.9 % |
Budget revenues | 238,200,000,000 USD |
Budget expenditures | 329,000,000,000 USD |
Military expenditures | 2.04 % of GDP |
Taxes and other revenues | 9.2 % of GDP |
Budget surplus or deficit | -3.5 % of GDP |
Public debt | 71.2 % of GDP |
Inflation rate | 3.6 % |
Central bank discount rate | 6 % |
Commercial bank prime lending rate | 9.51 % |
Stock of narrow money | 451,500,000,000 USD |
Stock of broad money | 451,500,000,000 USD |
Stock of domestic credit | 1,927,000,000,000 USD |
Market value of publicly traded shares | 1,516,000,000,000 USD |
Current account balance | -48,660,000,000 USD |
Exports | 304,100,000,000 USD |
Imports | 452,200,000,000 USD |
Reserves of foreign exchange and gold | 409,800,000,000 USD |
External debt | 501,600,000,000 USD |
National currency | Indian rupees |
National currency (code) | INR |
National currency (symbol) | ₹ |
National currency rate to USD | 65.17 |
The Indus Valley civilization, one of the world's oldest, flourished during the 3rd and 2nd millennia B.C. and extended into northwestern India. Aryan tribes from the northwest infiltrated the Indian subcontinent about 1500 B.C.; their merger with the earlier Dravidian inhabitants created the classical Indian culture. The Maurya Empire of the 4th and 3rd centuries B.C. - which reached its zenith under ASHOKA - united much of South Asia. The Golden Age ushered in by the Gupta dynasty (4th to 6th centuries A.D.) saw a flowering of Indian science, art, and culture. Islam spread across the subcontinent over a period of 700 years. In the 10th and 11th centuries, Turks and Afghans invaded India and established the Delhi Sultanate. In the early 16th century, the Emperor BABUR established the Mughal Dynasty, which ruled India for more than three centuries. European explorers began establishing footholds in India during the 16th century. By the 19th century, Great Britain had become the dominant political power on the subcontinent and India was seen as the "Jewel in the Crown" of the British Empire. The British Indian Army played a vital role in both World Wars. Years of nonviolent resistance to British rule, led by Mohandas GANDHI and Jawaharlal NEHRU, eventually resulted in Indian independence in 1947. Large-scale communal violence took place before and after the subcontinent partition into two separate states - India and Pakistan. The neighboring countries have fought three wars since independence, the last of which was in 1971 and resulted in East Pakistan becoming the separate nation of Bangladesh. India's nuclear weapons tests in 1998 emboldened Pakistan to conduct its own tests that same year. In November 2008, terrorists originating from Pakistan conducted a series of coordinated attacks in Mumbai, India's financial capital. India faces pressing problems such as environmental degradation, extensive poverty, and widespread corruption; however, economic growth following the launch of economic reforms in 1991, a massive youthful population, and a strategic geographic location are contributing to India's emergence as a regional and global power.