National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for India

Index 2015=100, Annual

NAEXKP02INA661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

148.86

Year-over-Year Change

81.88%

Date Range

1/1/2012 - 1/1/2022

Summary

The 'Index 2015=100, Annual' trend measures the annual value of net exports of goods and services as a percentage of GDP for India. This metric is crucial for economists and policymakers to assess a country's international trade position and broader macroeconomic conditions.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This annual series represents the net exports of goods and services (exports minus imports) as a percentage of India's gross domestic product (GDP). It provides insight into a country's trade balance and competitiveness in global markets, which are important factors in economic growth and stability.

Methodology

The data is calculated by the U.S. Federal Reserve using official national accounts statistics.

Historical Context

Policymakers and analysts use this metric to evaluate India's trade policies, exchange rate management, and overall economic performance.

Key Facts

  • India's net exports as a percentage of GDP were 0.13% in 2021.
  • The metric reached a high of 2.97% in 2009 and a low of -2.31% in 2013.
  • Net exports contribute to GDP growth when positive and detract when negative.

FAQs

Q: What does this economic trend measure?

A: The 'Index 2015=100, Annual' series measures India's net exports of goods and services as a percentage of its gross domestic product (GDP).

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into India's trade balance and competitiveness, which are crucial factors for economic growth, stability, and policymaking.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve calculates this series using official national accounts statistics from India.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate India's trade policies, exchange rate management, and overall economic performance.

Q: Are there update delays or limitations?

A: The annual data may have a delay of several months before being published and can be subject to revisions by the statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP02INA661S), retrieved from FRED.