IMD World Competitiveness Booklet 2021
COMPETITIVENESS TRENDS - OVERALL INDIA
OVERALL PERFORMANCE (64 countries)
BASIC FACTS Capital Land area (square km '000)
Rank
3,287 2020 74.100 2020 1,326.16 2020 2,629.2 2020 New Delhi -8.0 2020 6.20 2020 10.03 2020 594.42 2020 6,716 2020
43 43 2017 2018 2019 2020 2021 43
44
Exchange Rate (per $)
45
2
Population - market size (millions)
CHALLENGES IN 2021 Minimizing negative impact of COVID-19 on society and economy. Ensuring speedy vaccination of the entire population. • Minimizing negative impact of COVID-19 on society and economy. • Ensuring speedy vaccination of the entire population. • Addressing poverty and gainful employment. • Balancing fiscal deficit, economic growth and employment generation. • Resource mobilization for infrastructure development.
6
Gross Domestic Product (GDP) (US$ billions)
63
GDP (PPP) per capita (US$)
53
Real GDP growth (%)
60
Consumer price inflation (%)
52
Unemployment rate (%)
2
Labor force (millions)
1.04 2020 426.9 2019 1.75 2019
35
Current account balance (% of GDP)
20
Direct investment stocks inward ($bn)
National Productivity Council, New Delhi Provided by: National Productivity Council, New Delhi
40
Direct investment flows inward (% of GDP)
COMPETITIVENESS LANDSCAPE
Economic Performance
Government Efficiency
Business Efficiency
Infrastructure
Domestic Economy
International Trade
International Investment Employment Prices
Public Finance
Tax Policy
Institutional Framework Business Legislation
Societal Framework
Productivity & Efficiency Labor Market Finance
Management Practices
Attitudes and Values
Basic Infrastructure
Technological Infrastructure Scientific Infrastructure
Health and Environment Education
15
21
22
26 28 28
28
28
30
34
36
41
43
45
45
45
53
55
59
64
PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)
POPULATIONS > 20 MILLION (29 countries)
2017 2018 2019 2020 2021
17 17 2017 2018 2019 2020 2021 17
12
12
12
12
18
13
19
75
IMD WORLD COMPETITIVENESS BOOKLET 2021
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