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India once again becomes 10th largest economy in the World

well if things go well we will be At number 4 within next five year ( note- if congress not sale out the country)
 
By GDP PPP


United States
Country Rank: #1

GDP- Purchasing Power Parity: $14.66 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 22.1%

Contribution of Agricultural Sector in GDP: 1.1%

Contribution of Services Sector in GDP: 76.8% (As of 2010)

Population: 312,222,000 (As of 2011)

Unemployment Rate: 9.6% (As of 2010)

China
Country Rank: #2

GDP- Purchasing Power Parity: 10.09 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 46.9%

Contribution of Agricultural Sector in GDP: 10.2%

Contribution of Services Sector in GDP: 43% (As of 2010)

Population: 1,339,724,852 (As of 2010)

Unemployment Rate: 4.3% (As of 2009)

Japan
Country Rank: #3

GDP- Purchasing Power Parity: 4.31 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 24.9%

Contribution of Agricultural Sector in GDP: 1.4%

Contribution of Services Sector in GDP: 73.8% (As of 2010)

Population: 127,960,000 (As of 2011)

Unemployment Rate: 5% (As of 2010)

India
Country Rank: #4

GDP- Purchasing Power Parity: 4.06 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 26.3%

Contribution of Agricultural Sector in GDP: 18.5%

Contribution of Services Sector in GDP: 55.2% (As of 2010)

Population: 1,210,193,422 (As of 2011)

Unemployment Rate: 10.8% (As of 2010)

Germany
Country Rank: #5

GDP- Purchasing Power Parity: 2.940 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 27.8%

Contribution of Agricultural Sector in GDP: 0.9%

Contribution of Services Sector in GDP: 71.3% (As of 2010)

Population: 81,799,600 (As of 2010)

Unemployment Rate: 7.1% (As of 2010)

Russia
Country Rank: #6

GDP- Purchasing Power Parity: $2.223 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 36.8%

Contribution of Agricultural Sector in GDP: 4%

Contribution of Services Sector in GDP: 59.1% (As of 2010)

Population: 142,905,208 (As of 2010)

Unemployment Rate: 7.6% (As of 2010)

United Kingdom
Country Rank: #7

GDP- Purchasing Power Parity: $2.173 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 21.8%

Contribution of Agricultural Sector in GDP: 0.7%

Contribution of Services Sector in GDP: 77.5% (As of 2010)

Population: 62,262,000 (As of 2011)

Unemployment Rate: 7.8% (As of 2010)

Brazil
Country Rank: #8

GDP- Purchasing Power Parity: $2.172 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 26.8%

Contribution of Agricultural Sector in GDP: 5.8%

Contribution of Services Sector in GDP: 67.4% (As of 2010)

Population:192.376.496 (As of 2011)

Unemployment Rate: 6.7% (As of 2010)

France
Country Rank: #9

GDP- Purchasing Power Parity: $2.145 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 18.5%

Contribution of Agricultural Sector in GDP: 2%

Contribution of Services Sector in GDP: 79.5% (As of 2010)

Population: 65,821,885 (As of 2011)

Unemployment Rate: 9.3% (As of 2010)

Italy
Country Rank: #10

GDP- Purchasing Power Parity: $1.774 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 25.3%

Contribution of Agricultural Sector in GDP: 1.9%

Contribution of Services Sector in GDP: 72.8% (As of 2010)

Population: 60,681,514 (As of 2011)

Unemployment Rate: 8.4% (As of 2010)

The World

In think GDP PPP is actual measurement of economy.......
 
xuxu1457 said:
international capital and Brazil, Brazil is a profit machine of international capital，Blowing up，pierce, Blowing up again，pierce again
Click to expand...

Its economy is stablised under the recent government. But who is better in export and in manufacturing? I think Brazil is as speculative as any other economy in world. But its cpi has been better controlled while unemployment is just a mid-single digit! Also Brazil has very rich natural resources, much smaller population and larger area. It has some big social problems on poverty, gangsters and drug related crimes but I dont think india can relax on the problems which Brazil has!
 
LOVETOALL said:
By GDP PPP


United States
Country Rank: #1

GDP- Purchasing Power Parity: $14.66 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 22.1%

Contribution of Agricultural Sector in GDP: 1.1%

Contribution of Services Sector in GDP: 76.8% (As of 2010)

Population: 312,222,000 (As of 2011)

Unemployment Rate: 9.6% (As of 2010)

China
Country Rank: #2

GDP- Purchasing Power Parity: 10.09 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 46.9%

Contribution of Agricultural Sector in GDP: 10.2%

Contribution of Services Sector in GDP: 43% (As of 2010)

Population: 1,339,724,852 (As of 2010)

Unemployment Rate: 4.3% (As of 2009)

Japan
Country Rank: #3

GDP- Purchasing Power Parity: 4.31 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 24.9%

Contribution of Agricultural Sector in GDP: 1.4%

Contribution of Services Sector in GDP: 73.8% (As of 2010)

Population: 127,960,000 (As of 2011)

Unemployment Rate: 5% (As of 2010)

India
Country Rank: #4

GDP- Purchasing Power Parity: 4.06 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 26.3%

Contribution of Agricultural Sector in GDP: 18.5%

Contribution of Services Sector in GDP: 55.2% (As of 2010)

Population: 1,210,193,422 (As of 2011)

Unemployment Rate: 10.8% (As of 2010)

Germany
Country Rank: #5

GDP- Purchasing Power Parity: 2.940 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 27.8%

Contribution of Agricultural Sector in GDP: 0.9%

Contribution of Services Sector in GDP: 71.3% (As of 2010)

Population: 81,799,600 (As of 2010)

Unemployment Rate: 7.1% (As of 2010)

Russia
Country Rank: #6

GDP- Purchasing Power Parity: $2.223 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 36.8%

Contribution of Agricultural Sector in GDP: 4%

Contribution of Services Sector in GDP: 59.1% (As of 2010)

Population: 142,905,208 (As of 2010)

Unemployment Rate: 7.6% (As of 2010)

United Kingdom
Country Rank: #7

GDP- Purchasing Power Parity: $2.173 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 21.8%

Contribution of Agricultural Sector in GDP: 0.7%

Contribution of Services Sector in GDP: 77.5% (As of 2010)

Population: 62,262,000 (As of 2011)

Unemployment Rate: 7.8% (As of 2010)

Brazil
Country Rank: #8

GDP- Purchasing Power Parity: $2.172 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 26.8%

Contribution of Agricultural Sector in GDP: 5.8%

Contribution of Services Sector in GDP: 67.4% (As of 2010)

Population:192.376.496 (As of 2011)

Unemployment Rate: 6.7% (As of 2010)

France
Country Rank: #9

GDP- Purchasing Power Parity: $2.145 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 18.5%

Contribution of Agricultural Sector in GDP: 2%

Contribution of Services Sector in GDP: 79.5% (As of 2010)

Population: 65,821,885 (As of 2011)

Unemployment Rate: 9.3% (As of 2010)

Italy
Country Rank: #10

GDP- Purchasing Power Parity: $1.774 trillion (As of 2010)

Contribution of Industrial Sector in GDP: 25.3%

Contribution of Agricultural Sector in GDP: 1.9%

Contribution of Services Sector in GDP: 72.8% (As of 2010)

Population: 60,681,514 (As of 2011)

Unemployment Rate: 8.4% (As of 2010)

The World

In think GDP PPP is actual measurement of economy.......
Click to expand...
I think ppp is not suitable for 21st century global world. And India is on no 3 three. It's 2012 now not 2010.
 
In addition, Russia has a great industrial potential and it will be unleashed after its admission into wto recently. I will bet Russia to secure a top 5 position within the next decade.
 
I think ppp is not suitable for 21st century global world. And India is on no 3 three. It's 2012 now not 2010.
Click to expand...

Kindly explain why PPP is not better than exchange rate relative calculations?
 
Its based on the $ exchange rate that's why fluctuates quite a lot, undoubtedly PPP is a better measure overall !
Click to expand...

One cannot compare these two totally different areas of understanding.

GDP(PPP) and GDP(Nominal) calculations, are done for different areas of the market activity.

PPP is used to determine the measure or strength of a currency in the local market hence is directly related to all internal investments and valuations , if u wana see how much firepower an economy holds when investing internally go fr PPP..

and for External inflows and outflows , go fr GDP(nominal)ie $ comparative valuations.

No comparison here. But yes if the economy is more dominant on investing locally then obviously ppp will gain more strength and if its is Dependant on more External trade and funding then GDP(nominal)gains more credibility.

With a free floating(Indian) currency the $based valuations can never be a reliable indicator.
 
xuxu1457 said:
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
Click to expand...

The bulk of Brazilian and Russian GDPs are based on extracting natural resources such as oil, gas, minerals and selling commodities.

As the world economy, particularly the Chinese economy, slows, demand for commodities goes down as do prices. And that hurts Brazil and Russia.
 
I think it could happen in next century,:undecided: not possible in this century
 
There was a time in 2008 when Indian ruppe was trading at 38 per dollar if a remember correctly. If we are able to get back there we will immediately be bigger than many nations including Britain, Russia and Russia.

India should now be past russia by the last quarter of this financial year. It already is in my opinion but lets wait for official report.
Within next 2 quarters it should be past Italy. And then the turn of once great superpower will come. :coffee:

xuxu1457 said:
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
Click to expand...

This is because of recent explosion of natural resources exports. Their economy is running on horses provided by China, India and other asian economies. But Brazil's economy right now is a mess same if not worse than India. Russia is doing and is now emerging to be a new power.
 

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