Questions about the veracity of India's official GDP figures are not new. These have been raised by many top economists. For example, French economist Thomas Piketty argues in his best seller "Capital in the Twenty-First Century that the GDP growth rates of India and China are exaggerated. P...
GDP of the U.S. Key economic indicators of China Global inflation Inflation in the U.S. Consumer Price Index and inflation rate in China Inflation in Africa Key figures Country rankings Country with the largest gross domestic product 2024 Country with the lowest gross domestic product...
The value for GDP (current LCU) in India was 197,457,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 203,510,000,000,000 in 2019 and a minimum value of 176,333,000,000 in 1960....
This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. This page provides values for GDP reported in several countries part of G20. The table has current values for GDP, previous rele
of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions...
》环球时报2. 《印度去年第四季度GDP同比增长8.4%,经济学家:受到庞大基础设施支出提振》观察者网3. 《多方复杂审视印度GDP增速,日媒:尽管增速可观,背后面临重重挑战》环球网4.《How fast is India’s economy really growing?-Statisticians take the country’s figures with a pinch of salt》经济学人5....
This labor force shift is particularly significant in India because of the country’s staggering population figures. As such, changes in the Indian economy have an impact on a significant portion of the world population. What does PPP mean? The Economist magazine uses the Big Mac Index to ...
The main difference is that GNI takes account income and taxes earned also by citizens permanently living abroad while GNP only measures the earnings of domestic citizens.The GNI has largely replaced the use of GNPsince theWorld Bankbegin calculating and publishing GNI figures instead of GNP numbers...
Other nations likeChina, the U.K., India, and Israel have lower GNP compared to corresponding GDP figures. This indicates these nations are seeing a net overall outflow from the country.78Citizens and businesses of these countries operating overseas are generating lesser income compared to the in...
Economists also use GDP for insight into how their domestic productivity compares to the productivity of other countries. Legislators use GDP figures when makingfiscal policydecisions. GDP can also influence central bankers when they’re deciding the course of futuremonetary policy. GDP per capita is...