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0

10 20

30

2020

2015

2010

2005

Real GDP per capita (€ thousand)

Annual growth (%)

7.5%

-6.2%

1.8

EU-27

India

EU-27

India

26.2

€ thousand

-8%

-4% 0% 4% 8%

12%

2020

2015

2010

2005

Total unemployment rate

(% of total labour force)

Public finances, monetary and financial data

FDI and remittances

India’s business environment and socio-economic indicators

The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It

ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year.

The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It

is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human

development countries’ (UN) are in the range between 70 and 80.

The Corruption Perception Index measures the perceived levels of public sector corruption worldwide. Scores range from

0 (highly corrupt) to 100 (very clean).

The GINI Index measures the deviation of the distribution of income among individuals or households within a country from

a perfectly equal distribution. It is hence a measure of inequality in income distribution. A value of 0 represents absolute

equality, a value of 100 absolute inequality.

Score

Rank

63/190

86/180

83/153

Ease of Doing Business

Human Development Index*

Corruption Perception Index

GINI Index*

0

100

Worst

Best

Best

Worst

0

100

0

100

0

100

131/189

37.8

40.0

64.5

71.0

GDP per capita

(€ thousands)

60%

70% 80%

90%

2019

2010

-10%

-8%

-6%

2020

2010

-6.7%

69.0%

No data available for EU-27 at the time of publication.

77.6%

Public debt (% of GDP)

Surplus/deficit (% of GDP)

EU-27

India

India

0

10 20

30

2020

2015

2010

2005

Real GDP per capita (€ thousand)

Annual growth (%)

7.5%

-6.2%

1.8

EU-27

India

EU-27

India

26.2

€ thousand

-8%

-4% 0% 4% 8%

12%

2020

2015

2010

2005

Annual GDP growth

(%)

Female labour force participation rate

(% of females aged 15-64)

0%

40%

80%

2019

2015

2010

2005

0%

4% 8%

12%

2020

2015

2010

2005

5.8%

7.1%

9.4%

7.1%

22.3%

67.9%

Female labour force participation rate (% of female population aged 15-64)

Unemployment, total (% of total labour force)

EU-27

India

EU-27

India

0%

40%

80%

2019

2015

2010

2005

0%

4% 8%

12%

2020

2015

2010

2005

5.8%

7.1%

9.4%

7.1%

22.3%

67.9%

Female labour force participation rate (% of female population aged 15-64)

Unemployment, total (% of total labour force)

EU-27

India

EU-27

India

60

70 80

90

2020

2011

2%

4% 6% 8%

10%

2020

2011

4.2%

84.6

Rupee/€ exchange rate

India inflation rate

84.6 Indian rupees = €1

-1%

1% 3% 5%

7%

2019

2010

0%

1% 2% 3%

4%

2019

2010

2.9%

1.8%

FDI net inflows (% of GDP)

Remittances received (% of GDP)

1.7%

India

EU-27

0.8%

India

EU-27

India: Economic indicators and trade with EU

EPRS | European Parliamentary Research Service EUI | European University Institute

Authors: Giulio Sabbati, Members’ Research Service

Igor Tkalec, Globalstat, EUI

PE 583.774 - April 2021

AT A GLANCE

(2)

EU exports of services to India

(2019)

EU imports of services from India

(2019)

Various business

services

47.7%

ICT

25.6%

Transport

11.5%

Travel

7.4%

Other

7.8%

ICT

31.6%

Transport

26.4%

Various business

services

17.8%

Travel

9.9%

Intellectual

property

6.7%

Maintenance

and repair

2.5%

Other

5.2%

Various business services: legal, accounting, consulting, public relations, R&D, architectural, engineering, scientific, advertising, market research, public opinion, trade-related, operating

leasing, waste treatment, de-pollution. Other: manufacturing, construction, financial, insurance and pension, personal, cultural and recreational, government goods and services.

0

10

20

30

40

50

2005

2010

2015

2020

17.7

9.6

8.3

7.3

5.9

4.1

1.8

1.5

1.4

1.1

0

5

10

15

20

DE

FR

BE

IT

NL

ES

PL

SE

AT

DK

Thousands

EU imports from India

EU export to India

EU exports of goods to India

(2020)

EU imports of goods from India

(2020)

Main trade partners

(2020)

EU trade with India

Top EU partners

(2020)

Trade in goods

Trade in goods, exports plus imports

EU exports to India

EU imports from India

38

40

EU imports from India

EU exports to India

18

15

EU imports from India

EU exports to India

€ billion

€ billion

Goods (2005-2020)

Services (2010-2019)

Imports

Exports

Other

Chemicals

Pharmaceutical

products

Iron and steel

Organic chemicals

Plastic and rubber

Optical instruments

Gemstones

Vehicles and aircraft

Mechanical appliances

and electrical equipment

29.1%

12.1%

9.3%

6.0%

5.3%

5.2%

4.6%

3.0%

2.9%

22.5%

Other

Oil, gas, coal

Pharmaceutical products

Plastic and rubber

Gemstones

Iron and steel

Agri-food

Clothing accessories

Organic chemicals

Mechanical appliances

and electrical equipment

15.5%

13.3%

9.0%

8.3%

8.2%

5.2%

4.9%

4.5%

3.7%

27.5%

Notes

GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures and inflation rate are from IMF WEO (2019); exchange rate are from Eurostat; Labour market data are from World Bank WDI based on ILO KILM (2019); Public debt and Surplus/deficit are from IMF; FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2019); HDI refers to 2019 and GINI index to the most recent year available as reported in the UNDP HDR (2018); (*) re-scaled from 0-1 to 0-100 for better comparability; CPI is from Transparency International (2020); Doing Business data are from the World Bank Group - Doing Business Unit (2019). Data collected in March 2021.

Data sources for page 2: EU trade with India, Main trade partners (EU), Top EU partners (goods), EU exports of goods to India (%) and EU imports of goods from India (%) are from ComExt, Eurostat; Main trade partners (EU) ‘Other APEC countries’ = Australia, Canada, Chile, Hong Kong, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, South Korea, Taiwan, Thailand; Main trade partners (India) are from IMF; ‘Other APEC countries’ = Australia, Brunei Darussalam, Canada, Chile, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russian Federation, Taiwan Province of China, Thailand, Vietnam; Trade in services (imports and exports) are from Eurostat (bop_its6_tot and bop_its6_det); ‘Various business services’ = legal, accounting, consulting, public relations, R&D, architectural, engineering, scientific, advertising, market research, public opinion, trade-related, operating leasing, waste treatment, de-pollution; ‘Other’ = manufacturing, construction, financial, insurance and pension, personal, cultural and recreational, government goods and services. Data collected in April 2021. This is a further updated edition of an ‘At a Glance’ note published in September 2019.

This document is prepared for, and addressed to, the Members and staff of the European Parliament as background material to assist them in their parliamentary work. The content of the document is the sole responsibility of its author(s) and any opinions expressed herein should not be taken to represent an official position of the Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. © European Union & GlobalStat, 2021.

eprs@ep.europa.eu (mail) http://www.eprs.ep.parl.union.eu (intranet) http://www.europarl.europa.eu/thinktank (internet) http://epthinktank.eu (blog) globalstat@eui.eu (mail) http://www.globalstat.eu (internet)

China: 12.0%

US: 11.7%

EU-27: 11.1%

UAE: 6.5%

Hong Kong: 3.7%

Saudi Arabia: 3.7%

Singapore: 3.2%

Iraq: 2.7%

South Korea: 2.6%

Other APEC

members: 16.4%

Others: 26.3%

0.00.0 0.20.2 0.40.4 0.60.6 0.80.8 1.01.0 ChinaChina USUS EU-27EU-27 UAEUAE Hong Kong Hong Kong Saudi Arabia Saudi Arabia Singapore Singapore IraqIraq South Korea South Korea

Other APEC members Other APEC members

OthersOthers

China: 16.1%

US: 15.2%

UK: 12.2%

Switzerland : 6.9%

Russia: 4.8%

Turkey: 3.6%

Japan: 3.0%

Norway: 2.5%

Other APEC

members: 12.5%

Other: 21.4%

0.00.0 0.20.2 0.40.4 0.60.6 0.80.8 1.01.0 ChinaChina USUS UKUK Switzerland Switzerland RussiaRussia TurkeyTurkey JapanJapan NorwayNorway IndiaIndia

Other APEC members Other APEC members

OtherOther

India: 1.8%

EU-27

India

India: Economic indicators and trade with EU

EPRS & GlobalStat

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