1
Volume: 11999 - 2014
Indian
2Volume: 11999-00 to 2013-14
Introduction
Macroeconomics which is a branch of economics dealing with the performance, structure, behaviour, and decision-making of an economy as a whole, rather than individual markets, is considered to be tough subject for students who are preparing for competitive exams. This is the 1st Volume of DID YOU KNOW: Indian Macroeconomics Made Easy which will uncover some interesting and not so known facts about Indian Macroeconomics which took Indian economy to what it is today. This edition specifically unveils the facts from 1999-2013.This edition will help you analyse the macroeconomics problems faced in India and compare the worst period of Indian economics with the golden period and will also help students who are preparing for competitive exams like UPSC, Bank, Defence or other government jobs.The stats used in this edition were verified from the latest government reports and we have tried to maintain the accuracy of facts. However, feel free to suggest changes if any discrepancy in facts is observed.
3Volume: 11999-00 to 2013-14
Index
S.No.
Content Slide No.
1 Real Gross Domestic Product 4
2 Consumption demand 5
3 Public Consumption 6
4 Gross Fixed Capital Formation 7
5 Capital Formation 8
6 Gross Domestic Savings 9
7 Exports 10
8 Trade Deficit 11
9 Current Account Deficit 12
10 Forex Exchange 13
4
Real Gross Domestic Product measures the value of all the goods and services produced expressed in the prices of some base year.
Source: planningcommission.com
India's Real GDP Growth Rates were recorded lowest during 2002-2003
Volume: 11999-00 to 2013-14
India's Real GDP Growth Rates were recorded highest during 2006-2007
3.99 % 9.57 %
NegativePositive
5Source: planningcommission.com
India's Consumption by Demand (%YoY) Growth Rates were recorded lowest during 2002-2003
2.3 % 9.3 %India's Consumption by Demand (%YoY) Growth Rates were recorded highest during 2007-2008
Consumption demand represents the demand for goods and services by individuals and households in the economy.
NegativePositive
Volume: 11999-00 to 2013-14
6Source: planningcommission.com
India's Public Consumption by Demand (%YoY) Growth Rates were recorded lowest during 2002-2003
-0.4 %India's Public Consumption by Demand (%YoY) Growth Rates were recorded highest during 2009-2010
13.9 %
Public Consumption is the value of goods and services individuals receive through the public sector.
NegativePositive
Volume: 11999-00 to 2013-14
7Source: planningcommission.com
India's GFCF by Demand (%YoY) Growth Rates were recorded lowest during 2000-2001
0.0 % 20.7 %India's GFCF by Demand (%YoY) Growth Rates were recorded highest during 2004-2005
Gross Fixed Capital Formation is measured by the total value of a producer's acquisitions, less disposals of fixed assets plus certain additions to the value of non-produced assets realised by the productive activity of institutional units.
NegativePositive
Volume: 11999-00 to 2013-14
8Source: planningcommission.com
India's Capital Formation consumption (% of GDP) were recorded lowest during 2001-2002
22.3 % 38.11 %India's Capital Formation consumption (% of GDP) were recorded highest during 2007-2008
Capital Formation describes net capital accumulation during an accounting period.
NegativePositive
Volume: 11999-00 to 2013-14
9Source: planningcommission.com
India's GDS (% of GDP) were recorded lowest during 2001-2002
22.9 % 36.82 %India's GDS (% of GDP) were recorded highest during 2007-2008
Gross Domestic Savings are calculated as GDP less final consumption expenditure (total consumption).
NegativePositive
Volume: 11999-00 to 2013-14
10Source: planningcommission.com
India's Exports (US $ bn) recorded lowest drop during 2001-2002
-1.6 % at44.7 Bn US $
India's Exports (US $ bn) recorded highest growth during 2010-2011
40.4 % at256.2 Bn US $
Exports is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade.
NegativePositive
Volume: 11999-00 to 2013-14
11Source: planningcommission.com
India's Trade Deficit (US $ bn) was recorded highest during 2002-2003
-10.7 % -195.7 %
India's Trade Deficit (US $ bn) was recorded lowest during 2012-2013
Trade Deficit is the amount by which the cost of a country's imports exceeds the value of its exports.
NegativePositive
Volume: 11999-00 to 2013-14
12
.
Source: planningcommission.com
India's Current Account Deficit (US $ bn) was recorded highest during 2003-2004
14.1 % -88.2 %
India's Trade Deficit (US $ bn) was recorded lowest during 2012-2013
Current Account Deficit is the sum of the balance of trade (i.e., net revenue on exports minus payments for imports), factor income (earnings on foreign investments minus payments made to foreign investors) and cash transfers
NegativePositive
Volume: 11999-00 to 2013-14
13Source: planningcommission.com
India's Foreign Exchange (US $ bn) was recorded lowest during 1999-2000
35.1 299.1
India's Trade Deficit (US $ bn) was recorded highest during 2007-2008
Forex Exchange is a global decentralized market for the trading of currencies.
NegativePositive
Volume: 11999-00 to 2013-14
14
Indian
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