India dethrones Japan, becomes 3rd largest economy

[CorporateAffairs]

India displaces Japan to become third-largest world economy: World bank.

India has displaced Japan to become the world's third biggest economy in terms of purchasing power parity (PPP), according to a World Bank report released on Tuesday.

The 2011 round of the bank's International Comparison Program (ICP) ranked India after the US and China. The last survey in 2005 had placed the country on 10th place.

 

[Ind4Ever]

India displaces Japan to become third-largest world economy: World bank.

India has displaced Japan to become the world's third biggest economy in terms of purchasing power parity (PPP), according to a World Bank report released on Tuesday.

The 2011 round of the bank's International Comparison Program (ICP) ranked India after the US and China. The last survey in 2005 had placed the country on 10th place.

its a old news ? source please

 

[Ryuzaki]

ancient news

 

[CorporateAffairs]

India pips Japan as world’s 3rd largest economy | The BRICS Post

Okay, couldnt find a post, hence the thread. Thanks.

 

[liall]

Hey welcome to 2015

 

[prima99]

India pips Japan as world’s 3rd largest economy | The BRICS Post

Okay, couldnt find a post, hence the thread. Thanks.

​

 

[Arya Desa]

PPP only matters per capita.

 

[opruh]

You guys are still poor.

 

[Skull and Bones]

Sorry if I don't buy into the PPP hype, i consider nominal GDP per capita as the true source of country's economy.

 

[beijingwalker]

So, based on PPP, China overtook US and even EU and became No.1 economy in the world a couple of years ago. But here in China no one believes that BS