📊 India Countries Intelligence

India's economy is estimated to have grown +6.5% in 2026, with inflation at 4.7% and unemployment at 4.9%. Government debt stands at 83.4% of GDP, and the budget balance is -7.4% of GDP.

Economic Indicators

GDP (nominal)
$4.15tn
2026 est.
GDP Growth
+6.5%
2026 est.
Inflation Rate
4.7%
2026 est.
Interest Rate
5.2%
2026 est.
Jobless Rate
4.9%
2026 est.
Gov. Budget Balance
-7.4%
2026 est.
Debt / GDP
83.4%
2026 est.
Current Account
-2.0%
2026 est.
Population
1,476.6M
2026 est.
Main Economic Activity
Agriculture 16.2%
2025, % of GDP
Agriculture
16.2%
Manufacturing
13.5%
Services
49.3%
Natural resource rents
3.2%
Source: World Bank Open Data (value added / resource rents, % of GDP). Agriculture, Manufacturing and Services are named sub-categories; Natural resource rents (gold bar) is a separate accounting concept that overlaps with the others rather than adding to 100% of GDP.

Sovereign Credit Ratings

S&P
BBB
Fitch
BBB−
Moody's
Baa3

Source: Wikipedia — List of countries by credit rating. NR = not rated by that agency.

⚡ 6 Effects Interpreter — Synthesis

🌍World Economy

  • ▶India's fast expansion adds real demand for imports and commodities worldwide.
  • ▶India's external balance stays close to equilibrium.

🏙️Local Economy

  • ▶The local jobs market sits close to its long-run average.
  • ▶Inflation is running at a moderate, manageable pace.

🏦Rates & Banks

  • ▶The benchmark lending rate sits near 5.2%, shaping the cost of mortgages and business loans.
  • ▶Public debt levels leave a moderate amount of policy room.

❤️Health

  • ▶No unusual macro-driven health strain is implied by the current data.
  • ▶Public-health funding is shaped by the government budget balance shown above.

💷Wealth

  • ▶Savings are keeping pace reasonably well with the cost of living.
  • ▶A large budget deficit raises the medium-term risk of future tax rises.

🏠Housing

  • ▶Mortgage costs track the benchmark interest rate shown above.
  • ▶Strong economic growth tends to support demand for housing and construction.

Synthesis generated by the News Effects 6 Effects Interpreter's rule-based engine from the real indicators above. Indicators: IMF DataMapper & World Bank Open Data.