GDP growth forecast for 2023: 🇮🇳India: +6.1% 🇨🇳China: +4.4% 🇸🇦Saudi Arabia: +3.7% 🇵🇰Pakistan: +3.6% 🇨🇴Colombia: +2.2% 🇯🇵Japan: +1.6% 🇨🇦Canada: +1.5% 🇲🇽Mexico: +1.2% 🇺🇸US: +1.0% 🇧🇷Brazil: +1.0%
HSBC cuts GDP forecast for IndiaReuters
Forecast: GDP PPP Per Capita (PPP Intl $)15,973.1372030yearly1981 - 2030 Forecast: Nominal GDP Per Capita (USD)3,651.6702028yearly1981 - 2028 Forecast: Real GDP Growth (%)6.0422029yearly1981 - 2029 GDP Deflator Growth (%)6.6Dec 2022quarterlyJun 2005 - Dec 2022 ...
On April, the World Bank lowered its forecast for India's GDP fiscal year to 6.3% from 6.6% as earlier announced The World Bank said: Rising borrowing costs and slower income growth will weigh on private consumption growth. Government consumption is projected to grow at a slower pace due to...
Forecast: GDP PPP Per Capita (PPP Intl $)15,973.1372030yearly1981 - 2030 Forecast: Nominal GDP Per Capita (USD)3,651.6702028yearly1981 - 2028 Forecast: Real GDP Growth (%)6.0422029yearly1981 - 2029 GDP Deflator Growth (%)6.6Dec 2022quarterlyJun 2005 - Dec 2022 ...
And the population is young the median age is 27.6, more than ten years younger than that of most major economies. What’s more, consumption of goods and services, including leisure and recreation, is forecast to double by 2030. The country’s forecast growth in GDP per capita, accompanied...
India’s share of global gross domestic product (GDP) rose to 7.93 percent in 2023 when adjusted for purchasing power parity (PPP) and was projected to increase to 9.66 percent by 2029. This reflects the growth of India’s economy, which is helped in this ranking by the low purchasing pow...
As India’s population of 1.4 billion people becomes the world’s largest,, its GDP is forecast to expand dramatically. Goldman Sachs Research projects India will have the world’s second-largest economy by 2075. For India, a key to realizing the potential of that growing populatio...
in the size of the Indian GDP exceeding Japanese GDP by 2030, making India the second largest economy in the Asia-Pacific region. By 2022, the size of Indian GDP had already become larger than the GDP of the UK and also France. By 2030, India's GDP is also forecast to s...
(7.2%). Services exports surged 21.3%. Between April and October 2024, total services exports stood at US$216 billion, compared to US$192 billion in 2023. This growth is crucial given the sector’s significant contribution to India’s GDP and employment, specifically for the urban middle-...