Indian GDP, Money and Bank

GDP of India

Nominal GDP

(2020 est.)

$3.202 Trillion

Rank – 5th (2019)

GDP growth rate

(2020 est.)

+1.9 %

6.1% (2018); 4.2% (2019); 7.4% (2021 est.)

Current US Dollars (Sources – World Bank, United Nations)

GDP per capita (nominal)

(2020 est.)

$2,338.1

Rank – 139th (2019)

GDP per capita (PPP)

(2020 est.)

$9,026.8

Rank – 118th (2019)

Current US Dollars (Sources – World Bank, United Nations)

Real GDP

(2018)

$2.84 Trillion

Current US Dollars (Sources – World Bank, United Nations)

  • Nominal Gross Domestic Product (GDP) of India is $2,650,725,335,364 ($2.651 trillion) (current US Dollar) in 2017. Nominal GDP of United States of America (USA), is $19,485,394,000,000 ($19.485 trillion) and Nominal GDP of China is $12,237,700,479,375 ($12.237 trillion) and Nominal GDP of Japan is $4,872,415,104,315 ($2.66 trillion)
  • Real Gross Domestic Product (GDP) of India is $2,660,371,703,953 (current US Dollar) in 2017
  • Gross Domestic Product (GDP) Growth Rate of India in 2017 is 6.8%. GDP Growth Rate of USA is 1.71%, GDP Growth Rate of China is 6.90% and GDP Growth Rate of Japan is 1.71%.
  • Gross Domestic Product (GDP) per capita of India is $1923.3 (current US Dollar) in 2017. GDP per capita of USA is $59,939, GDP per capita of China is $8,612, GDP per capita of

Real GDP (Inflation adjusted) Growth of India, US, China and Japan

Chart: Urbangram_;Data Source: World Economic Outlook (April 2020)
  • Real GDP growth of India as projected by IMF (International Monetary Fund) is 1.9% in 2020 which is expected to pick up to 7.4% by 2021.
  • Real GDP growth of China, Japan, and US, as projected by IMF (International Monetary Fund) is 1.2%, -5.2% and -5.9 % respectively in 2020. By 2021 Real GDP growth rate of China, Japan and US is expected to pick up to 9.2%, 3% and 4.7% respectively by 2021.


Indian Money & Bank

Reserve Bank of India

Central Bank of India, Founded: 1 April, 1935

Headquarter: Mumbai, Maharashtra, India

RBI Forex Reserve

(May, 2020)

$485.3 Billion

~ ₹36 Lakh Crore

Rank – 5th (2020)

RBI Gold Reserve

(Jan, 2020)

618.2 Tonnes

(Held domestically)

+360.71 tonnes at Bank of England & Bank of International Settlement

Rank – 10th (2020)

Current US Dollars (Sources – RBI, India; IMF; World Gold Council)

RBI SDR Quota

(2020)

SDR 13.11 Billion

2.75% share at IMF

Rank – 8th (2020)

RBI Total Asset

(2020)

$510 Billion

Rank – 11th (2020)

Current US Dollars (Sources – RBI; IMF)

State Bank of India

India’s largest Scheduled Commercial Bank

Nationalization: 1 July, 1955

Headquarter: Mumbai, Maharashtra, India

SBI Total Asset

(2020)

$538.35 Billion

Rank – 54th (2020)

China 1st position- 19 institution with collective assets- $24.160 trillion & U.S. 2nd position- 12 institution with collective assets- $12.847 trillion in Top 100.

SBI Total Saving Account Holders

(2020)

+410 Million

With total 24000 domestic branches and 191 overseas offices in 36 countries
Current US Dollars (Sources – SBI; S&P Global Market Intelligence)