What is the GDP of India in 2013?
The GDP figure in 2013 was $1,856,720 million, leaving India placed 10th in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in India dropped $29,080 million with respect to 2012.
What will be the GDP of India in 2025?
In 2019, GDP in India was at around 2.87 trillion U.S. dollars….India: Gross domestic product (GDP) in current prices from 1986 to 2026 (in billion U.S. dollars)
|Characteristic||GDP in billion U.S. dollars|
What will be India’s GDP in 2030?
“If our growth projections were to come to fruition, India’s economy would pass the USD6. 4 trillion mark by 2030, with per capita income at USD4,279 reaching the upper middle income country threshold. This implies a real GDP growth of 6 per cent and nominal growth of 10-10.5 per cent,” Morgan Stanley said.
Will India’s GDP increase in 2021?
The World Bank projected India’s economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is being hampered by an unprecedented second wave of the COVID-19.
What was the GDP of India in 2020?
India’s gross domestic product (GDP) shrank 7.3% to ₹135.13 trillion in 2020-21 (in real terms adjusted for inflation). It was at ₹145.69 trillion in 2019-20.
Is India a poor country 2020?
The world’s largest democracy, India is a federal republic with 29 relatively autonomous states and seven union territories. But because of its population, it’s also one of the poorest countries in the world based on income and gross national product per capita.
What is the future of India in 2025?
In 2025 India is the third largest economy in the world, after US and China, with its share to global output ranging between 12–15%. High growth rate, increasing technological capabilities, efficient democracy and growing influence in the region encourage strong relations with the US.
Can India’s economy overtake China?
Indian economy to grow at historic 12.5% in 2021, to surpass China: IMF.
What is the GDP of China in 2030?
33.7 trillion dollars
It is estimated that, by 2030, China will overtake the U.S. as the world’s largest economy, with a GDP of 33.7 trillion dollars, compared to 30.5 trillion dollars; this margin of more than three trillion is predicted to increase to almost 13 trillion over the subsequent five year period.
What is the rank of India in GDP?
It is the world’s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP).
What is the GDP of China in 2021?
Economy of China
|GDP||$16.64 trillion (nominal; 2021) $26.66 trillion (PPP; 2021)|
|GDP rank||2nd (nominal; 2021) 1st (PPP; 2021)|
|GDP growth||6.7% (2018) 6.0% (2019) 2.3% (2020) 8.5% (2021f)|
What is the GDP of India in 2020 21?
“GDP at Constant (2011-12) Prices in Q1 of 2021-22 is estimated at Rs 32.38 lakh crore, as against Rs 26.95 lakh crore in Q1 of 2020-21, showing a growth of 20.1 percent as compared to contraction of 24.4% in Q1 2020-21.
What was the GDP of India in 2019?
The Gross Domestic Product (GDP) in India was worth 2875.14 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of India represents 2.39 percent of the world economy.
What’s the outlook for the economy in India?
However, the hit to GDP should be much milder than during the first wave in 2020, and headline economic growth will still be elevated due to the highly favorable base effect. “Before the second wave derailed growth momentum, India’s economy was experiencing a continued improvement through Q1 2021 […].
What is the estimated GDP of India in 2022?
In the long-term, the India GDP is projected to trend around 3000.00 USD Billion in 2022, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
What is moody’s economic forecast for India for 2021?
“The virus resurgence adds uncertainty to India’s growth forecast for 2021; however, it is likely that the economic damage will remain restricted to the April-June quarter. We currently expect India’s real GDP to grow at 9.6 per cent in 2021 and 7 per cent in 2022,” Moody’s said.