India Snapshot - PESTLE, SWOT, Risk and Macroeconomic Analysis report is designed to provide in-depth information about India including it’s PESTLE (political, economic, social, technological, legal and environmental), SWOT (Strengths, Weaknesses, Opportunities and Threats) and country risk analysis backed by macroeconomic data.
India, officially the Republic of India, is the world’s 5th largest economy by nominal GDP, 3rd largest by purchasing power parity (PPP) per capita GDP, 7th largest country by area, the second-most populous country, and the biggest democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north-east; and Burma and Bangladesh to the east. In the Indian Ocean, India has Sri Lanka and the Maldives as neighbors. India also shares a maritime border with Thailand and Indonesia due to their proximity with Andaman and Nicobar Islands in the Bay of Bengal.
India is estimated to have a population of 1419.66 million in the year 2023 and is expected to reach 1469.34 million by 2027, increasing at a CAGR of 0.86%.
India’s real gross domestic product (GDP) was INR 135584.7 billion in 2020 and while recovering from the COVID-19 impact it increased by 7.99% to be around INR 147355.2 billion in 2021. It is further expected to increase by 6.53% and reach INR 215392.74 billion by 2027.
India’s unemployment rate was 10.2% of the total labor force in 2020. Despite the slowdown in global economic activity due to the COVID-19 pandemic, unemployment in India decreased by 32.47% and reached 7.7% in 2021. Unemployment is further estimated to decrease by a CAGR of 4.14% and reach 8.35% of the total labor force in India by 2023.
India’s per capita GDP was estimated at USD 2,465.87 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 8,293.2 for the year 2022.
In 2022, India's government’s revenue was INR 52,022.6 billion whereas the expenditure was INR 79,038.86 billion. This resulted in India's government’s net lending/borrowing negative at INR 27,016.26 billion in 2022 indicating that not enough financial resources were made available by India's government to boost economic growth.
The current account balance for India was estimated to be negative at USD 120.569 billion for the year 2022 and is expected to further decrease at a CAGR of 3.12% and reach negative USD 140.605 billion by 2027. This negative current account balance indicates that India will remain a net borrower from the rest of the world till 2027.
Scope of India Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- This report provides information about key macroeconomic indicators for India.
- This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for India.
- This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for India.
- This report provides risk analysis for India.
- This report provides information on Coronavirus (COVID-19) pandemic related policy response of India.
Table of Contents
1. Executive Summary
- Scope of India Snapshot - PESTLE, SWOT, Risk Macroeconomic Analysis Report
- Research Methodology
2. PESTLE Analysis of India
2.1 Political Factors
2.2 Economic Factor
2.2.1 National Accounts Indicators
2.2.1.1 Real Gross Domestic Product
2.2.1.2 Nominal Gross Domestic Product
2.2.1.3 Gross Domestic Product Deflator
2.2.1.4 Per Capita Gross Domestic Product
2.2.1.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.1.6 Total Investment/Gross Capital Formation
2.2.1.7 Gross National Savings
2.2.2 Monetary Indicators
2.2.2.1 Consumer Price Index (CPI) Inflation
2.2.3 Trade Indicators
2.2.3.1 Change in Import Volume of Goods & Services
2.2.3.2 Change in Export Volume of Goods & Services
2.2.4 Government Finance Indicators
2.2.4.1 Government Revenue
2.2.4.2 Government Expenditure
2.2.4.3 Government Net Lending/Borrowing
2.2.4.4 Government Gross Debt
2.2.5 Balance of Payment Indicators
2.2.5.1 Current Account Balance
2.3 Social Factors
2.3.1 Population
2.3.2 Unemployment
2.4 Technological Factors
2.5 Legal Factors
2.6 Environmental Factors
3. SWOT Analysis of India
3.1 Strengths
3.2 Weaknesses
3.3 Opportunities
3.4 Threats
4. Risk Analysis of India
5. COVID-19 Related Policy Response of India
5.1 Coronavirus (COVID-19) Containment Measures of India
5.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by India
5.3 Coronavirus (COVID-19) Related Monetary Policy Measures by India
5.4 Coronavirus (COVID-19) Related Social Policy Measures by India
5.5 Coronavirus (COVID-19) Related Policy Measures for MSMEs by India
Notes
Company Information
List of Exhibits
Exhibit 2.1 Real GDP of India (in INR billion) 2020-2027
Exhibit 2.2 Nominal GDP of India (in INR billion) 2020-2027
Exhibit 2.3 Nominal GDP of India (in USD billion) 2020-2027
Exhibit 2.4 GDP Deflator Index for India 2020-2027
Exhibit 2.5 Per Capita GDP of India (in USD) 2020-2027
Exhibit 2.6 PPP Per Capita GDP of India (in USD) 2020-2027
Exhibit 2.7 Total Investment of India (in %) 2020-2027
Exhibit 2.8 Gross National Savings of India (in %) 2020-2027
Exhibit 2.9 Consumer Price Index (CPI) Inflation of India 2020-2027
Exhibit 2.10 Change in Import Volume of Goods & Services of India (in %) 2020-2027
Exhibit 2.11 Change in Export Volume of Goods & Services of India (in %) 2020-2027
Exhibit 2.12 Government Revenue of India (in INR billion) 2020-2027
Exhibit 2.13 Government Revenue of India (in % of GDP) 2020-2027
Exhibit 2.14 Government Expenditure of India (in INR billion) 2020-2027
Exhibit 2.15 Government Expenditure of India (in % of GDP) 2020-2027
Exhibit 2.16 Government Net Lending/Borrowing of India (in INR billion) 2020-2027
Exhibit 2.17 Government Net Lending/Borrowing of India (in % of GDP) 2020-2027
Exhibit 2.18 Government Gross Debt of India (in INR billion) 2020-2027
Exhibit 2.19 Government Gross Debt of India (in % of GDP) 2020-2027
Exhibit 2.20 Current Account Balance of India (in USD billion) 2020-2027
Exhibit 2.21 Current Account Balance of India (in % of GDP) 2020-2027
Exhibit 2.22 India - Top 10 Export Countries (in USD billion) & % Share in 2021
Exhibit 2.23 India - Top 10 Import Countries (in USD billion) & % Share in 2021
Exhibit 2.24 Population of India (in million) 2020-2027
Exhibit 2.25 Unemployment Level in India (in %) 2020-2023
Exhibit 3.1 SWOT Analysis of India
Exhibit 5.1 Covid-19 Policy Response for Supporting MSMEs by India
