India once again becomes 10th largest economy in the World

[IND151]

Rank Country/Region GDP (millions of US$)
World 69,899,225[5]
European Union 17,610,826[5]
1 United States 15,075,675
2 China 7,298,147n2
3 Japan 5,866,540
4 Germany 3,607,364
5 France 2,778,085
6 Brazil 2,492,907
7 United Kingdom 2,431,310
8 Italy 2,198,732
9 Russia 1,850,401
10 India 1,826,811

According to list by International Monetary Fund, India once again has become 10th largest economy in the world.

At current prices our GDP is 1.9 Trillion $ plus

http://www.google.co.in/url?sa=t&rc...pYDYCw&usg=AFQjCNEPyq0YRxAa2TSvuRDdWRLUIAUieg





Report for Selected Countries and Subjects

http://www.imf.org/external/pubs/ft...,582,917,474,544,754,941,698&s=NGDPD&grp=0&a=

 

[joekrish]

We have a long way to go and a lot of things to do to climb up that ladder.

 

[veekysingh]

We were at 9 before. I am feeling sad.

 

[IND151]

^^ Very true

But we have regained our position, which is good

Another good news is we are close to the mark of 2 Trillion Dollars

We were at 9 before. I am feeling sad.

according to 2010 figures by IMF (updated) we dropped down to 11th spot

now we are back on number 10 spot

 

[Shimly]

Congratulation to India, no doubt you deserve it, I hope you will keep going up

 

[IND151]

^^ thank you

 

[Abhishek_]

long way to go, many miles to cover.

 

[IND151]

^^ Indeed

But we, now, are very close to 2 Trillion $ Mark

 

[xuxu1457]

I thought India GDp is bigger than Brazil and Russia
Brazil really astonished me, Brazil GDP is 1trillion$ in 2006, now 2.5trillion$, but economic of Brazil is not healthy, working for international capital

 

[third eye]

The numerical point India achieves is of little consequence.

We need to look inwards and stop institutionalized corruption and hope that we have more Khemkas than corrupt Politicians.

Only then can we prosper.

 

[ahfatzia]

I think India will catch and pass Italy sometime next year but to out-GDP the resource rich Russia might need some hard work.

 

[shuttler]

I thought India GDp is bigger than Brazil and Russia
Brazil really astonished me, Brazil GDP is 1trillion$ in 2006, now 2.5trillion$, but economic of Brazil is not healthy, working for international capital

why Brazil is not healthy and india is?

 

[joekrish]

The numerical point India achieves is of little consequence.

We need to look inwards and stop institutionalized corruption and hope that we have more Khamkas than corrupt Politicians.p

Only then can we prosper.

As of now that looks like a far fetched dream. The son of a guns will never give in.

 

[xuxu1457]

why Brazil is not healthy and india is?

international capital and Brazil, Brazil is a profit machine of international capital，Blowing up，pierce, Blowing up again，pierce again

 

[Wickerman]

I dont think its difficult to pass Italy, France, UK, Russia and Brazil. The challenge will be to pass Germany and then Japan. These two countries have a tremendous industrial base and it would need some real hard work to get up there ahead of them. All these European countries have lagging economies, so they will eventually lose out. Only Germany is strong in EU. As for Russia, we are not that far, if you see those figures. I think next year we'd be able to pass Russia. The difference is not that much. Its only 24000 dollars. And their GDP growth only 4.3%. If India can clock something around 6% for a couple years, we can overtake them.

BTW am curious. According to the UN, the list is like this:

1 United States 14,447,100
2 China 5,739,358
3 Japan 5,458,873
4 Germany 3,280,334
5 France 2,559,850
6 United Kingdom 2,253,552
7 Brazil 2,088,966
8 Italy 2,051,290
9 India 1,722,328
10 Canada 1,577,040
11 Russia 1,479,823

Any idea how these guys calculate? India is 9th and Russia drops down to 11th?!