UK slips behind India to become the world's sixth biggest economy

[Tauren Paladin]

No you didn’t, you added $1.4 tn. Using 2020 figures of WB and 2021 figures of CCP to tell you’ve added $3.2 tn in 1 year won’t work here.

Since when ~10 trillion yuan became $3 trillion ?
View attachment 875816

List of countries by GDP (nominal) - Wikipedia

en.m.wikipedia.org

Yes, China grew from $14.7 trillion to $17.7 trillion in 2021, so they grew a whole india that year.

I trust imf, world bank and the un more than you.

 

[Black Tornado]

List of countries by GDP (nominal) - Wikipedia

en.m.wikipedia.org

Yes, China grew from $14.7 trillion to $17.7 trillion in 2021, so they grew a whole india that year.

I trust imf, world bank and the un more than you.

More than Chinese Government as well?

Its actually funny seeing those getting screwed brag about themselves and belittling India, considering all the worse happening worldwide like price hikes, inflation, recession, debt crisis etc India feels like a bright star .

Funny to see 0.4% growth walahs giving haha reacts, satisfying .

 

[beijingwalker]

More than Chinese Government as well?
View attachment 876227

Funny to see 0.4% growth walahs giving haha reacts, satisfying .

2021GDP 114 trillion, last year's exchange rate is around 6.6
So in dollar term, China's GDP in 2021 was over 17 trillion USD.

unfurl="true"]http://www.stats.gov.cn/tjsj/zxfb/202202/t20220227_1827960.html#:~:text=初步核算，全年国内,亿元，增长8.2%。[/URL]

Government official site. China's GDP 2021 was 17.7 trillion USD.

http://www.gov.cn/xinwen/2022-01/17/content_5668815.htm

 

[Black Tornado]

2021GDP 114 trillion, last year's exchange rate is around 6.6
So in dollar term, China's GDP in 2021 was over 17 trillion USD.

unfurl="true"]http://www.stats.gov.cn/tjsj/zxfb/202202/t20220227_1827960.html#:~:text=初步核算，全年国内,亿元，增长8.2%。[/URL]
View attachment 876234

Government official site. China's GDP 2021 was 17.7 trillion USD.

http://www.gov.cn/xinwen/2022-01/17/content_5668815.htm

View attachment 876235

2020 GDP was around 101 trillion.

 

[beijingwalker]

2020 GDP was around 101 trillion.

Check Chinese official site, do you read Chinese?

 

[Black Tornado]

Check Chinese official site, do you read Chinese?

 

[beijingwalker]

View attachment 876238

I listed Chinese government homepage with the link, what is this, link please.

 

[Black Tornado]

I listed Chinese government homepage with the link, what is this, link please.

China's GDP tops 110t yuan in 2021

China's gross domestic product exceeded the 110-trillion-yuan ($17.3 trillion) threshold as it posted an 8.1 percent year-on-year expansion to 114.367 trillion yuan in 2021.

english.www.gov.cn

The hard-earned achievement marked a new economic milestone for the Chinese economy after the country's GDP expanded 2.3 percent year-on-year to 101.5986 trillion yuan in 2020.

 

[Indos]

Indonesian maulvi sahab should get humble now :p

Fuel price increase of about 32 % is good for Indonesia state budget. Look on Indonesian economy threat, I supported the hike even before the increase is executed by government.

This fuel price increase that will likely be passed smoothly will be a testament of Indonesian people maturity in term of the understanding of why the fuel must be raised. Event like happening in Iran and Iraq with mass protesting that turn deadly during fuel price increase is unlikely to happen in Indonesia.

It is higher now and of course will push the inflation up, but unlikely to screw our economic growth trend this year with 5.4 percent. I expect our Rupiah will keep becoming among the best performance currencies in Asia despite that hike in fuel price, so our Central Bank will likely to keep our interest rate at 3.75 percent until end of December 2022.

 

[beijingwalker]

China's GDP tops 110t yuan in 2021

China's gross domestic product exceeded the 110-trillion-yuan ($17.3 trillion) threshold as it posted an 8.1 percent year-on-year expansion to 114.367 trillion yuan in 2021.

english.www.gov.cn

The hard-earned achievement marked a new economic milestone for the Chinese economy after the country's GDP expanded 2.3 percent year-on-year to 101.5986 trillion yuan in 2020.

Average exchange rate in 2020: 6.9022

US Dollar to Chinese Yuan Spot Exchange Rates for 2020

US Dollar to Chinese Yuan Spot Exchange Rates for 2020

www.exchangerates.org.uk

In Dollar term, China's GDP in 2020 was 14.63 trillion dollars.

in 2021 China grew over one India in dollar term GDP

 

[Black Tornado]

Average exchange rate in 2020: 6.9022
View attachment 876248

US Dollar to Chinese Yuan Spot Exchange Rates for 2020

US Dollar to Chinese Yuan Spot Exchange Rates for 2020

www.exchangerates.org.uk

In Dollar term, China's GDP in 2020 was 14.63 trillion dollars.

in 2021 China grew over one India in dollar term GDP

Not gonna reply you again, GL.

 

[beijingwalker]

You’re embarrassing yourself
View attachment 876251

Do you know what dollar term GDP means? and local currency GDP being changed into dollars based on that year's average exchange rate? Do you use RMB to report your GDP?

in 2021 China grew over one India in dollar term GDP

 

[beijingwalker]

Not gonna reply you again, GL.

Of course you can't, stupid logic gauging all previous GDPs based on this morning's exchange rate, is this what you were taught in school in India?

Again , putting it in the context, in 2021 China grew more than one India GDP

 

[beijingwalker]

Do Indians need to revise down their 2020 GDP based on the current rate? Smart Indians

 

[nufix]

Indonesian maulvi sahab should get humble now :p

I mean that is nothing compared to India, 1 price hike after several years vs. over 70 price hikes in one year. Furthermore, current petrol price in Indonesia is still much less than India. Petrol price in Indonesia after the hike costs around INR 53, meanwhile Indians with much lower per capita and income than Indonesians have to pay almost double that price. The irony of bringing this point is high.

Petrol, diesel prices in India were hiked over 70 times in last one year

The Ministry of Petroleum and Natural Gas informed the Lok Sabha that petrol price was hiked 78 times, while the Centre reduced the price only seven times within last 12 months..Diesel price was hiked 76 times in last one year with only 10 price reductions.

auto.hindustantimes.com