Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 10
BACKNEXT
India
India
India's economy is still expanding, but growth is slowing.
GDP 5.1%
Inflation 10.4%
Unemployment 6.8%
Markets -7%
Gallon of gas $4.06
Interest Rates 5.5%

Challenges In the last two months of 2008 and first month of 2009, the Indian economy expanded, but yielded the slowest growth in more than five years. Rescue options are limited with soaring inflation, an escalating budget deficit and a mounting liquidity crisis.

Solutions The central bank lent $37.4 billion to financial institutions in October in an effort to boost credit. In December, the government unveiled an $8 billion stimulus package that includes tax cuts, small business spending and a program to help troubled homeowners.

See stats for all 10 countries

NEXT: Iceland
Last updated March 30 2009: 8:02 AM ET
Sources: IMF, national statistics offices, central banks, national stock exchange, AIRINC
More Galleries
Best-loved new cars of 2016 These cars are the most beloved among American drivers based on JD Power's annual survey of new vehicle buyers. More
This Indian university cranks out top-tier tech execs Many graduates from the Indian Institute of Technology have gone on to start and lead global tech companies. Here are a few of the most notable alums. More
Most valuable American car up for auction Carroll Shelby's own very first Shelby Cobra will be sold in August. It's almost certain to be the most valuable American car ever sold. More

Special Offer