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India - Net taxes on products (current LCU)
Net taxes on products (current LCU) in India was reported at 15137948221800 LCU in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.
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Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.
India | Economy & Growth
2005 PPP conversion factor, GDP (LCU per international $)
14.67
2005 PPP conversion factor, private consumption (LCU per international $)
15.6
Trade in services (% of GDP)
11.39
%
Communications, computer, etc. (% of service imports, BoP)
48.85
%
Income payments
42846199314
USD
Imports of goods and services
472012815534
USD
Insurance and financial services (% of service imports, BoP)
6.59
%
Goods imports
376090254276
USD
Service imports
95922561258
USD
Royalty and license fees, payments
5466041710
USD
Imports of goods, services and income
514859014848
USD
Transport services (% of service imports, BoP)
14.7
%
Travel services (% of service imports, BoP)
17.07
%
Foreign direct investment, net outflows
5047292606
USD
Foreign direct investment, net outflows (% of GDP) WDI
0.223
%
Private current transfers; payments (BoP; current US$)
3932777977
USD
Workers' remittances and compensation of employees, paid
5622661096
USD
Current account balance
-9.95
USD
Current account balance (% of GDP)
-0.5351
%
Net financial account
-2
USD
Net income
-1.03
USD
Net trade in goods and services
-6.65
USD
Net trade in goods
-5.98
USD
Net errors and omissions, adjusted
150327348
USD
Foreign direct investment, net
-0.2538
USD
Private capital flows; total (BoP; current US$)
49869991944
Private capital flows; total (% of GDP)
2.96
%
Portfolio investment, excluding LCFAR
4725209437
USD
Changes in net reserves
15739273666
USD
Net current transfers
56826569388
USD
Net capital account
136835870
USD
Grants; excluding technical cooperation (BoP; current US$)
911220000
USD
Technical cooperation grants (BoP; current US$)
389370000
USD
ICT service exports
108459648232
USD
ICT service exports (% of service exports, BoP)
67.03
%
Communications, computer, etc. (% of service exports, BoP)
70.03
%
Income receipts
15485024323
USD
Exports of goods and services
430433707657
USD
Exports of goods, services, income and workers' remittances
355595024684
USD
Insurance and financial services (% of service exports, BoP)
4.45
%
Goods exports
268614705000
USD
Service exports
161819002657
USD
Royalty and license fees, receipts
524879155
USD
Exports of goods, services and income
445918731980
USD
Transport services (% of service exports, BoP)
9.38
%
Travel services (% of service exports, BoP)
13.86
%
Foreign direct investment, net inflows
44458571546
USD
Foreign direct investment, net inflows (% of GDP)
1.96
%
Profit remittances on FDI
19126101136
USD
Portfolio equity, net inflows
2336743636
USD
Current transfers, receipts
61544776815
USD
Workers' remittances, receipts
59083771822
USD
Workers' remittances and compensation of employees, received
62744364090
USD
Workers' remittances and compensation of employees, received (% of GDP)
2.77
%
CPI Price, nominal
166
CPI Price, nominal, seas. adj.
167
CPI Price, % y-o-y, nominal, seas. adj.
3.12
%
Imports Merchandise, Customs, current US$, millions
447053
Imports Merchandise, Customs, constant US$, millions
424861
Imports Merchandise, Customs, Price, US$
0.8409
USD
Imports Merchandise, Customs, current US$, millions, seas. adj.
446847
Imports Merchandise, Customs, constant US$, millions, seas. adj.
424623
Imports Merchandise, Customs, Price, US$, seas. adj.
0.8409
Official exchange rate, LCU per USD, period average
64.4
Exchange rate, new LCU per USD extended backward, period average
64.4
Exchange rate, old LCU per USD extended forward, period average
64.4
Stock Markets, US$
141
USD
Stock Markets, LCU
198
External debt stocks, total
456139934000
USD
External debt stocks (% of exports of goods, services and income)
102
%
External debt stocks (% of GNI)
20.41
%
Short-term debt (% of total reserves)
23.17
%
Short-term debt (% of exports of goods, services and income)
18.8
%
Present value of external debt
165737766120
USD
Present value of external debt (% of exports of goods, services and income)
37.17
%
Present value of external debt (% of GNI)
7.41
%
Interest payments on external debt (% of exports of goods, services and income)
2.51
%
Interest payments on external debt (% of GNI)
0.4998
%
Total debt service (% of exports of goods, services and income)
17.3
%
Total debt service (% of GNI)
3.45
%
Exports Merchandise, Customs, current US$, millions
19405
Exports Merchandise, Customs, current US$, millions, seas. adj.
19399
Total reserves (includes gold, current US$)
361694316000
Total reserves minus gold
341145188720
USD
Inflation, consumer prices (annual %)
4.94
%
Central government debt, total (% of GDP)
50.31
%
Revenue, excluding grants (% of GDP)
12.61
%
Expense (% of GDP)
16.64
%
Foreign Reserves, Months Import Cover, Goods
0.9155
Industrial Production, constant US$
620363872523
USD
Industrial Production, constant US$, seas. adj.
642304752103
General government final consumption expenditure
263751826428
USD
General government final consumption expenditure (current LCU)
17690362502200
LCU
General government final consumption expenditure (constant 2000 US$)
272706803073
USD
General government final consumption expenditure (annual % growth)
20.76
%
General government final consumption expenditure (constant LCU)
13400864466500
LCU
General government final consumption expenditure (% of GDP)
11.65
%
Household final consumption expenditure, etc.
1345404337844
USD
Household final consumption expenditure, etc. (current LCU)
90238959747900
LCU
Household final consumption expenditure, etc. (constant 2000 US$)
1383791936154
USD
Household final consumption expenditure, etc. (annual % growth)
7.16
%
Household final consumption expenditure, etc. (constant LCU)
68905203602300
LCU
Household final consumption expenditure, etc. (% of GDP)
59.43
%
Household final consumption expenditure
1330959220217
USD
Household final consumption expenditure (current LCU)
89270096818400
LCU
Household final consumption expenditure (constant 2000 US$)
1384453585454
USD
Household final consumption expenditure (annual % growth)
8.69
%
Household final consumption expenditure (constant LCU)
68066236034500
LCU
Household final consumption expenditure per capita (constant 2000 US$)
1046
USD
Household final consumption expenditure per capita growth (annual %)
7.45
%
Household final consumption expenditure, PPP (current international $)
4468402596364
Household final consumption expenditure, PPP (constant 2005 international $)
4545275544873
Final consumption expenditure, etc.
1609156164273
USD
Final consumption expenditure, etc. (current LCU)
107929322250100
LCU
Final consumption expenditure, etc. (constant 2000 US$)
1656712118520
USD
Final consumption expenditure, etc. (annual % growth)
9.16
%
Final consumption expenditure, etc. (constant LCU)
82306068068700
LCU
Final consumption expenditure, etc. (% of GDP)
71.08
%
Final consumption expenditure
1594711046645
USD
Final consumption expenditure (current LCU)
106960459320600
LCU
Final consumption expenditure (constant 2000 US$)
1657163141227
USD
Final consumption expenditure (constant LCU)
81467100500900
LCU
Gross national expenditure deflator (base year varies by country)
126
Gross national expenditure
2296799026311
USD
Gross national expenditure (current LCU)
154050904292700
LCU
Gross national expenditure (constant 2000 US$)
2475311530891
USD
Gross national expenditure (constant LCU)
122725268301700
LCU
Gross national expenditure (% of GDP)
101
%
Exports of goods and services
434115569263
USD
Exports of goods and services (current LCU)
29116999461600
LCU
Exports of goods and services (constant 2000 US$)
501537848834
USD
Exports of goods and services (annual % growth)
4.51
%
Exports of goods and services (constant LCU)
24860069117000
LCU
Exports of goods and services (% of GDP)
19.18
%
Gross fixed capital formation; private sector (current LCU)
29942470000000
LCU
Gross fixed capital formation; private sector (% of GDP)
21.88
%
Gross fixed capital formation
613918431936
USD
Gross fixed capital formation (current LCU)
41176737066800
LCU
Gross fixed capital formation (constant 2000 US$)
746626375889
USD
Gross fixed capital formation (annual % growth)
2.38
%
Gross fixed capital formation (constant LCU)
36020414632000
LCU
Gross fixed capital formation (% of GDP)
27.12
%
Changes in inventories
73724430102
USD
Changes in inventories (current LCU)
4944844975800
LCU
Changes in inventories (constant LCU)
4398785601000
LCU
Gross capital formation
687642862038
USD
Gross capital formation (current LCU)
46121582042600
LCU
Gross capital formation (constant 2000 US$)
818599412372
USD
Gross capital formation (annual % growth)
1.73
%
Gross capital formation (constant LCU)
40419200233000
LCU
Gross capital formation (% of GDP)
30.38
%
Imports of goods and services
467122096232
USD
Imports of goods and services (current LCU)
31330813238500
LCU
Imports of goods and services (constant 2000 US$)
514061847063
USD
Imports of goods and services (annual % growth)
2.31
%
Imports of goods and services (constant LCU)
25686798080200
LCU
Imports of goods and services (% of GDP)
20.63
%
External balance on goods and services
-9.53
USD
External balance on goods and services (current LCU)
0
LCU
External balance on goods and services (constant LCU)
-9.6
LCU
External balance on goods and services (% of GDP)
-1.46
%
Trade (% of GDP)
39.81
%
Nominal Effecive Exchange Rate
76.14
Agriculture, value added
353662467111
USD
Agriculture, value added (current LCU)
23720848994100
LCU
Agriculture, value added (constant 2000 US$)
344166927375
USD
Agriculture, value added (annual % growth)
4.88
%
Agriculture, value added (constant LCU)
16961747396600
LCU
Agriculture, value added (% of GDP)
17.35
%
Manufacturing, value added
336565629506
USD
Manufacturing, value added (current LCU)
22574129902200
LCU
Manufacturing, value added (constant 2000 US$)
413141730647
USD
Manufacturing, value added (annual % growth)
7.9
%
Manufacturing, value added (constant LCU)
20199274462200
LCU
Manufacturing, value added (% of GDP)
16.51
%
Industry, value added
587890530254
USD
Industry, value added (current LCU)
39430993645200
LCU
Industry, value added (constant 2000 US$)
710750283584
USD
Industry, value added (annual % growth)
5.59
%
Industry, value added (constant LCU)
34856707414600
LCU
Industry, value added (% of GDP)
28.85
%
Chemicals (% of value added in manufacturing)
15.97
%
Food, beverages and tobacco (% of value added in manufacturing)
9.92
%
Machinery and transport equipment (% of value added in manufacturing)
19.65
%
Other manufacturing (% of value added in manufacturing)
45.6
%
Textiles and clothing (% of value added in manufacturing)
8.86
%
Services, etc., value added
1096542516320
USD
Services, etc., value added (current LCU)
73547299654600
LCU
Services, etc., value added (constant 2000 US$)
1206449929622
USD
Services, etc., value added (annual % growth)
7.74
%
Services, etc., value added (constant LCU)
60035949040200
LCU
Services, etc., value added (% of GDP)
53.8
%
Adjusted savings: education expenditure
63584752000
USD
Adjusted savings: education expenditure (% of GNI)
3.08
%
Adjusted savings: carbon dioxide damage
26208696969
USD
Adjusted savings: carbon dioxide damage (% of GNI)
3.42
%
Adjusted savings: net forest depletion
7352670228
USD
Adjusted savings: net forest depletion (% of GNI)
0.3562
%
Adjusted savings: consumption of fixed capital
240323462954
USD
Adjusted savings: consumption of fixed capital (% of GNI)
11.64
%
Adjusted savings: mineral depletion
2423101753
USD
Adjusted savings: mineral depletion (% of GNI)
0.1174
%
Adjusted savings: energy depletion
8966257567
USD
Adjusted savings: energy depletion (% of GNI)
0.4343
%
Adjusted savings: particulate emission damage
24323245314
USD
Adjusted savings: particulate emission damage (% of GNI)
1.18
%
Adjusted savings: natural resources depletion (% of GNI)
0.9078
%
Adjusted savings: gross savings (% of GNI)
32.72
%
Adjusted savings: net national savings
435140537046
USD
Adjusted savings: net national savings (% of GNI)
21.08
%
Adjusted net national income
1805374507497
USD
Adjusted net national income (constant 2000 US$)
1961404553137
USD
Adjusted net national income (annual % growth)
7.93
%
Adjusted net national income per capita
1379
USD
Adjusted net national income per capita (constant 2010 US$)
1498
USD
Adjusted net national income per capita (annual % growth)
6.67
%
Adjusted net savings, including particulate emission damage
385112901516
USD
Adjusted net savings, including particulate emission damage (% of GNI)
18.65
%
Adjusted net savings, excluding particulate emission damage
409436146831
USD
Adjusted net savings, excluding particulate emission damage (% of GNI)
19.83
%
Exports as a capacity to import (constant LCU)
23871786543745
LCU
Inflation, GDP deflator (annual %)
3.61
%
GDP deflator (base year varies by country)
125
Discrepancy in expenditure estimate of GDP (current LCU)
968862929500
LCU
Discrepancy in expenditure estimate of GDP (constant LCU)
838967567900
LCU
Gross value added at factor cost
2038095513687
USD
Gross value added at factor cost (current LCU)
136699142294000
LCU
Gross value added at factor cost (constant 2000 US$)
2262496782501
USD
Gross value added at factor cost (constant LCU)
111854403851400
LCU
GDP
2263792499341
USD
GDP (current LCU)
151837090515800
LCU
GDP at market prices: linked series (current LCU)
151837090515800
LCU
GDP (constant 2000 US$)
2464933096795
USD
GDP growth (annual %) 2010
7.11
%
GDP (constant LCU)
121898539338500
LCU
GDP, PPP (current international $)
8700621810824
GDP, PPP (constant 2005 international $)
8067710079498
GDP per capita
1710
USD
GDP per capita (current LCU)
114666
LCU
GDP per capita (constant 2000 US$)
1861
USD
GDP per capita growth (annual %)
5.88
%
GDP per capita (constant LCU)
92056
LCU
GDP per capita, PPP (current international $)
6571
GDP per capita, PPP (constant 2005 international $)
6093
Gross domestic savings
654636335068
USD
Gross domestic savings (current LCU)
43907768265700
LCU
Gross domestic savings (% of GDP)
28.92
%
Gross domestic income (constant LCU)
120910256765245
LCU
GNI, Atlas method
2212306170425
USD
GNI
2235524369570
USD
GNI (current LCU)
149941090515800
LCU
GNI (constant 2000 US$)
2434448577956
USD
GNI growth (annual %)
7.02
%
GNI (constant LCU)
120388083364429
LCU
GNI, PPP (current international $)
8591976558881
GNI, PPP (constant 2011 international $)
7967742344373
GNI per capita, Atlas method
1670
USD
GNI per capita (current LCU)
113234
LCU
GNI per capita (constant 2000 US$)
1838
USD
GNI per capita growth (annual %)
5.79
%
GNI per capita (constant LCU)
90916
LCU
GNI per capita, PPP (current international $)
6490
GNI per capita, PPP (constant 2011 international $)
6017
Gross savings
683194774685
USD
Gross savings (current LCU)
45823239927674
LCU
Gross savings (% of GNI)
30.56
%
Gross savings (% of GDP)
30.18
%
Gross national income (constant LCU)
62491526284669
LCU
Net income from abroad
-0.9924
USD
Net income from abroad (current LCU)
0
LCU
Net income from abroad (constant LCU)
-1202920000000
LCU
Net taxes on products
225696985654
USD
Net taxes on products (current LCU)
15137948221800
LCU
Net taxes on products (constant LCU)
10044135487200
LCU
Net current transfers from abroad
56049171040
USD
Net current transfers from abroad (current LCU)
3759330000000
LCU
Net current transfers from abroad (constant LCU)
1674903753206
LCU
Terms of trade adjustment (constant LCU)
-5.02
LCU
DEC alternative conversion factor (LCU per US$)
67.07
PPP conversion factor, GDP (LCU per international $)
17.45
PPP conversion factor (GDP) to market exchange rate ratio
0.2601
PPP conversion factor, private consumption (LCU per international $)
19.98
Real Effective Exchange Rate
108
Total Reserves
409072
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