Table of Contents
What is the GDP of India and China?
Projections by IMF
| Year | Nominal GDP (billions $) | PPP GDP capita (Int. $) |
|---|---|---|
| China | India | |
| 2020 | 14,722.84 | 6,461 |
| 2021 | 16,642.32 | 7,333 |
| 2022 | 18,013.40 | 7,943 |
Can India GDP overtake China?
Analysts are predicting India will be the world’s fastest-growing major economy this year, too, the start of a long-term trend, they say. The investment bank Nomura forecasts that China will grow by 4.3% in 2022 compared to India’s 8.5%.
What was the GDP of India in 2013-14?
Rs 113.45 lakh crore
On impact of the new data on fiscal deficit, which is calculated as a percentage of the GDP, Chief Statistician T C A Anant said: “The size of economy has marginally declined to Rs 113.45 lakh crore in 2013-14 under the new series from Rs 113.55 lakh crore (under the old series).”
What is the GDP growth rate of India in comparison to China?
India reached an all-time high of 9.63% in 1988 and a record low of -5.24% in 1979. From 1961 to 2019, China grew by more than 10% in 22 years while India never. GDP growth rate was negative in five and four years for China and India, respectively.
Will India’s GDP grow in 2012-13 fiscal year?
HSBC, a leading global bank has stated that in 2012-13 fiscal India’s chronological and yearly growth will be a moderate one. It had previously stated that in the same period India’s GDP will grow by 7.5 percent but has now brought down the forecast to 6.2%.
What is the GDP of China?
In 2020, the gross domestic product (GDP) of China amounted to around 14.72 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. In 2020, per capita GDP in China reached around 10,484 U.S. dollars.
What will be the GDP per capita of India in 2022?
Projections by IMF Year Nominal GDP (billions $) Nominal GDP (billions $) PPP GDP (billions Int. $) PPP GDP capita (Int. $) China India China India China 2020 14,722.84 2,708.77 24,142.83 6,461 2021 16,642.32 3,049.70 26,656.77 7,333 2022 18,013.40 3,312.95 28,779.53 7,943