The World Bank updated its GDP list

[SHAMK9]

Pakistan isn't doing that bad either, i'm actually surprised. Hope it grows more

 

[imperialmen]

India moved from 4th to 3rd in terms of PPP GDP, and NOT nominal GDP. So stop celebrating like idiots. No country can do that in just 4 years

 

[ahfatzia]

there is no ranking of nominal value in 2011?

Here a link for year 2011 GDP by nominal:

List of countries by GDP (nominal) - Wikipedia, the free encyclopedia



Nominal GDP 2011 (Billion USD)

(01) United States 15,076

(02) China 7,298

(03) Japan 5,867

(04) Germany 3,607

(05) France 2,778

(06) Brazil 2,493

(07) United Kingdom 2,431

(08) Italy 2,199

(09) Russia 1,850

(10) India 1,827

(11) Canada 1,739

(12) Australia 1,487

(13) Spain 1,480

(14) Mexico 1,154

(15) South Korea 1,116

(16) Indonesia 846

(17) Netherlands 838

(18) Turkey 774

(19) Switzerland 661

(20) Saudi Arabia 597

 

[Viper0011.]

http://databank.worldbank.org/databank/download/GDP_PPP.pdf

Gross domestic product 2011, PPP

Ranking Economy (millions of international dollars)

3 India 4,533,919
26 Pakistan 488,420

Glad to see India and Pakistan both moving up. India has the population advantage and obviously a much bigger market. Pakistan's market is under utilized by three quarters (200 million people with such a small utilization of consumer related products and services).
If the security situation gets better and foreign investments come in, with the talented labor force and middle class growth, it can make it to the top 20 by 2020. Lehman Brothers, Morgan Stanley and other economic and investment houses have put Pakistan in their BRIC + 11 quadrant / strategy. Meaning BRIC (Brazil, Russia, India and China) + 11 other countries will form the top 15 economies by 2025.
Time for Pakistan to root out the terrorism crap from its society and focus on economy and growth of its citizens. JUST the improvement in security situation alone will push the economy to a noticeable difference within three years. 200 million people deserve a better Pakistan, a better lifestyle and a much more educated, modern and tolerant next generation!

 

[PakistaniandProud]

Wow imagine if Iran comes out of sanctions!

Oil buddy. Oil.

 

[Pakchina]

first you have to understand the concepts of GDP in PPP and GDP in nominal```

PPP is useless when comparing its GDP with other countries, because international purchasing is done with dollars..

but PPP is useful when measuring domestic purchasing, for example the Big Mac costs much less in Indian than the U.S

for developing countries PPP tend to be significently bigger than GDP nominal, otherwise for most developed countries

The Big Mac in India may cost less than in the US but the Big Mac in the US is much more bigger, tasty and with supplements compared to that of India. So in overall its the same price. Big Mac is not a good example here.

 

[INDIC]

Here a link for year 2011 GDP by nominal:

List of countries by GDP (nominal) - Wikipedia, the free encyclopedia



Nominal GDP 2011 (Billion USD)

(01) United States 15,076

(02) China 7,298

(03) Japan 5,867

(04) Germany 3,607

(05) France 2,778

(06) Brazil 2,493

(07) United Kingdom 2,431

(08) Italy 2,199

(09) Russia 1,850

(10) India 1,827

(11) Canada 1,739

(12) Australia 1,487

(13) Spain 1,480

(14) Mexico 1,154

(15) South Korea 1,116

(16) Indonesia 846

(17) Netherlands 838

(18) Turkey 774

(19) Switzerland 661

(20) Saudi Arabia 597

India's 2011 GDP is 1.848 Trillion, Russia's 1.858 Trillion.
link

 

[djsjs]

India's 2011 GDP is 1.848 Trillion, Russia's 1.858 Trillion.
link

what would happen if india didn't buy weapons from russia last year?
would it be:India 1.858 Trillion, Russia 1.848 Trillion?

 

[xuxu1457]

the real GDP list in PPP of 2003 is,
(millions of Ranking Economy international dollars)

1 United States 10,923,376
2 China 6,446,033 a
3 Japan 3,567,804
4 India 3,078,024 b
5 Germany 2,291,007
6 France 1,654,018
7 United Kingdom 1,610,579
8 Italy 1,563,332
9 Brazil 1,375,756
10 Russian Federation 1,323,839
11 Canada 970,326
12 Mexico 937,836
13 Spain 920,292
14 Korea, Rep. 861,042
15 Indonesia 721,533
16 Australia 589,116
17 Turkey 478,891
18 Netherlands 476,454
19 South Africa 474,137 b
20 Thailand 470,992

 

[INDIC]

what would happen if india didn't buy weapons from russia last year?
would it be:India 1.858 Trillion, Russia 1.848 Trillion?

Main reason is rupee downfall shrinking our economy.

 

[arp2041]

I am waiting for that day when India will overtake the one time great colonial power - Great Britain.

 

[imperialmen]

The Big Mac in India may cost less than in the US but the Big Mac in the US is much more bigger, tasty and with supplements compared to that of India. So in overall its the same price. Big Mac is not a good example here.

So there's a paper published on this? A professional food critic who tasted both the US BigMac and the Indian one, and noted down the points each BigMac scored?

BTW, your above post also shows that you have no idea what's BigMac comparison.

 

[ahfatzia]

India's 2011 GDP is 1.848 Trillion, Russia's 1.858 Trillion.
link

Obviously the two data was compiled at different dates where the rupee was fluctuated against the dollar.

 

[nForce]

The Big Mac in India may cost less than in the US but the Big Mac in the US is much more bigger, tasty and with supplements compared to that of India. So in overall its the same price. Big Mac is not a good example here.

so.. you tested both ?

 

[1ndy]

Bangladesh on last position?? how come?