Chinese-Dragon
RETIRED TTA
- Joined
- Jul 9, 2010
- Messages
- 33,932
- Reaction score
- 52
- Country
- Location
2011
Indonesia 4Q GDP = 6.5%
DATA SNAP: Indonesia 4Q GDP +6.5%
India 4Q GDP = 6.1%
India's GDP growth slows to 6.1% in Dec quarter, weakest in almost 3 years - The Times of India
Indonesia is growing faster than India. Indonesia also has smaller trade deficits, smaller budget deficits, and a lower debt-to-GDP ratio than India does.
That is just one of the reasons why India was downgraded, and Indonesia was not.