Population, Total for India
POPTOTINA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,450,935,791.00
Year-over-Year Change
13.47%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for India' series measures the total population of India over time. This metric is crucial for economists and policymakers to understand demographic trends and their implications for India's economic and social development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total number of people residing in India, regardless of legal status or citizenship. It is an essential indicator for analyzing population growth, urbanization, labor force dynamics, and resource allocation within the country.
Methodology
The data is collected by the World Bank using census information and official population registers.
Historical Context
Policymakers and analysts use this metric to inform decisions around infrastructure, public services, and economic planning in India.
Key Facts
- India is the world's second-most populous country.
- India's population has more than doubled since 1970.
- Over 65% of India's population is under the age of 35.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for India' series measures the total number of people residing in India, regardless of legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding demographic trends and their implications for India's economic and social development.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank using census information and official population registers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to inform decisions around infrastructure, public services, and economic planning in India.
Q: Are there update delays or limitations?
A: The data is updated regularly by the World Bank, but there may be some delay in the most recent figures.
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Citation
U.S. Federal Reserve, Population, Total for India (POPTOTINA647NWDB), retrieved from FRED.