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...
India is the fourth largest economy in the world (in PPP terms) and the second largest in developing Asia. By 2012, it is expected to overtake Japan to become the third-largest economy. India accounts for 22 per cent of GDP, 33.8 per cent of the population and 32.5 per cent of ...
The latest value for GDP, PPP (current international $) in India was 8,975,480,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 9,562,010,000,000 in 2019 and 1,048,720,000,000 in 1990. ...
Economists can compare productive capacity and living standards between countries using PPP. Some countries adjust their Gross Domestic Product (GDP) calculations to reflect PPP. In terms of purchasing power parity, India is the world’s third-largest economy (PPP)...
India now stands at6th position in terms of GDP(Gross Domestic Product). It is poised to become 8 trillion-dollar economy,third largest by 2030. India is already third largest, only behind USA and China in terms of PPP (purchasing power parity). National Statistical Office, estimated GDP gro...
In 1987, the GDP (Nominal) of both countries was almost equal; even in ppp terms, China was slightly ahead of India in 1990. Now in 2024, China's gdp of $18,273 billion is 4.7 times higher than $3,889 billion of India. On a ppp basis, the GDP of China (Int. $37,072 billion...
China. GDP in PPP terms by 2050: $58.5 trillion. India. GDP in PPP terms by 2050: $44.1 trillion. ... United States. GDP in PPP terms by 2050: $34.1 trillion. ... Indonesia. ... Brazil. ... Russia. ... Mexico. ...
GDP Per Capita, PPP $10,176 GDP $3.55 trillion Population 1,428,627,663 Area 3,287,263 SQ.KM More on India The World’s Largest Cities Thanksgiving Holidays Around the World The 10 Most Religious Countries Located in South Asia, India sits on a peninsula that extends between the Bay of...
India GDP Per Capita PPP, Export News India GDP per capita PPP was recorded at 3649.53 in December of 2011. Historically, from 1980 until 2011, India GDP per capita PPP averaged 1446.39 USD reaching an all time high of 3649.53 USD in December of 2011 and a record low of 419.87 USD in ...
As per World Bank statistics, it holds the third position in terms of GDP purchasing power parity (PPP), only below China and the United States. It is also the second major contributor to Asia's economic growth. India is currently at an inflection point wherein due to a positive ...