IMD World Competitiveness Booklet 2022

India Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

New Delhi

3,287 2021 73.918 2021

37

Exchange Rate (per $)

Population - market size (millions) 2021 02 Gross Domestic Product (GDP) (US$ billions) 3,140.6 2021 06 GDP (PPP) per capita (US$) 7,627 2021 62 Real GDP growth (%) 9.2 2021 09 Consumer price inflation (%) 5.52 2021 55 Unemployment rate (%) 8.04 2021 49 Labor force (millions) 605.24 2021 02 Current account balance (% of GDP) -1.57 2021 42 Direct investment stocks inward ($bn) 480.3 2020 20 Direct investment flows inward (% of GDP) 2.45 2020 24 1,339.74

43

43

43

44

CHALLENGES IN 2022

• Managing Trade disruptions and Energy security. • Maintaining high GDP growth post COVID. • Skill development and employment generation. • Strategic disinvestment and asset monetization. • Resource mobilization for infrastructure development.

PROVIDED BY: National Productivity Council, New Delhi

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

6

9

15

21 25

22 26

29 27 33

30

42 43

44

48 48

49 44

62 59

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

11

15

17

17

17

12

12

12

12

18

76 Competitiveness Country Profiles

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