IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL INDIA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

3,287 2019 70.420 2019 1,369.00 2019 2,894.7 2019 New Delhi 8,067 2019 4.2 2019 4.54 2019 6.37 2018 583.79 2019 -0.91 2019 386.4 2018

2016 2017 2018 2019 2020

41

43

43

Exchange Rate (per $)

44

45

2

Population - market size (millions)

CHALLENGES IN 2020 Balancing fiscal deficit, economic growth & employment generation. • Balancing fiscal deficit, economic growth & employment generation. • Ensuring basic necessities for vulnerable & disadvantaged population. • Minimizing Covid-19 impact on economy and society. • Addressing labour issues to reboot economy post lockdown. • Resource mobilization for infrastructural development.

5

Gross Domestic Product (GDP) (US$ billions)

62

GDP (PPP) per capita (US$)

10

Real GDP growth (%)

57

Consumer price inflation (%)

42

Unemployment rate (%)

2

Labor force (millions)

44

Current account balance (% of GDP)

19

Direct investment stocks inward ($bn)

National Productivity Council, New Delhi Provided by: National Productivity Council, New Delhi

1.75 2019

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

12

17

25

30

30 27

31

32

35

39

45

45 47

49

49

51 51

56

57

61

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

17 17 2016 2017 2018 2019 2020 17

11

12

12

12

18

13

19

76

IMD WORLD COMPETITIVENESS BOOKLET 2020