With a GDP growth rate of 9.2%, the Indian economy is among the fastest growing in the world.[14] It is the world's third largest as measured by purchasing power parity (PPP), with a GDP of US$4 trillion. However, when measured by USD exchange-rate terms, it is the twelfth largest in the world, with a GDP of US$785.47 billion.[15] Wealth distribution in India, a developing country, is fairly uneven, with the top 10% of income groups earning 33% of all income.[16] India's per capita income of US$3,547 is ranked 117nd in the world. (By comparison Australia has a per capita income of around $30,000 and is ranked 16th in the world.)
India has a labour force of 496.4 million, 60% of which is employed in agriculture or agriculture-related industries. The service sector accounts for 23% of GDP; the agricultural and industrial sectors make up 22% and 17% respectively.