National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for India
Index 2015=100, Annual
NAEXKP03INA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.36
Year-over-Year Change
58.02%
Date Range
1/1/2012 - 1/1/2022
Summary
This annual index measures the real purchasing power of the Indian national currency. It is a key metric for assessing the country's economic performance and purchasing power over time.
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
The Index 2015=100, Annual series tracks the relative purchasing power of the Indian rupee, with 2015 as the base year. It reflects changes in domestic prices and exchange rates, providing insights into India's economic competitiveness and the standard of living for consumers.
Methodology
The data is calculated by the International Monetary Fund based on official government statistics.
Historical Context
This index is widely used by policymakers, economists, and international organizations to evaluate India's economic progress and trade dynamics.
Key Facts
- The index base year is 2015.
- The index tracks changes in Indian domestic prices and the rupee's exchange rate.
- The index is a key metric for assessing India's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This annual index measures the real purchasing power of the Indian national currency, the rupee, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The index provides insights into India's economic competitiveness and the standard of living for consumers, making it a key metric for policymakers, economists, and international organizations.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on official government statistics.
Q: How is this trend used in economic policy?
A: This index is widely used by policymakers, economists, and international organizations to evaluate India's economic progress and trade dynamics.
Q: Are there update delays or limitations?
A: The index is published annually, so there may be a delay in the most recent data being available.
Related Trends
Financial System Deposits to GDP for India
DDDI08INA156NWDB
Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for India
BSEMFT02INQ460S
Balance of Payments: Services: Revenue for India
INDB6CRSE03STSAQ
Number of Identified Exporters to India from Washington
WAINDA475SCEN
Insurance Company Assets to GDP for India
DDDI11INA156NWDB
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for India
NAEXKP02INQ189S
Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP03INA661S), retrieved from FRED.