Table of Contents
What percentage of GDP is India?
India contributes 3.25% of the entire world’s GDP. India’s share of the world economy increased from 1.08 percent in 1993 to the current estimate of 3.27 percent in 2019. India is in 3rd position after China and Japan among Asian Countries. India shares around 9% of the total of Asia’s GDP (nominal).
18.34%
The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2020….
| Characteristic | Share of global GDP |
|---|---|
| China | 18.34% |
| United States | 15.9% |
| India | 6.77% |
| Japan | 4.04% |
What is the US share of world GDP?
In 2020, the United States accounted for 15.9 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP)….
| Characteristic | Share of global GDP |
|---|---|
| 2020 | 15.9% |
| 2019 | 15.9% |
| 2018 | 15.98% |
| 2017 | 16.06% |
What is the global rank of India in GDP?
fifth-largest
India’s economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany.
What is the total income of India in 2020?
Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the year 2020-21 is now estimated to attain a level of ₹135.13 lakh crore, as against the First Revised Estimate of GDP for the year 2019-20 of ₹145.69 lakh crore, released on 29th January 2021.
WHO calculates the GDP of India?
In India the entire responsibility of calculating the GDP is with the Central Statistics Office under the Ministry of Statistics and Program.
What percentage of GDP is China?
In 2020, China’s share was about 18.33 percent….
| Characteristic | Share of global GDP |
|---|---|
| 2020 | 18.33% |
| 2019 | 17.31% |
| 2018 | 16.79% |
| 2017 | 16.28% |
Which country has highest GDP in 2020?
- United States. GDP – Nominal: $20.81 trillion.
- China. GDP – Nominal: $14.86 trillion.
- Japan. GDP – Nominal: $4.91 trillion.
- Germany. GDP – Nominal: $3.78 trillion.
- United Kingdom. GDP – Nominal: $2.64 trillion.
- India. GDP – Nominal: $2.59 trillion.
- France. GDP – Nominal: $2.55 trillion.
- Italy. GDP – Nominal: $1.85 trillion.
GDP by Country
| # | Country | Share of World GDP |
|---|---|---|
| 1 | United States | 24.08% |
| 2 | China | 15.12% |
| 3 | Japan | 6.02% |
| 4 | Germany | 4.56% |
What was the GDP of India in 2020?
India GDP (Gross Domestic Product) was INT$8,490.84billion for 2020 in PPP terms. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. – World Economics
What is the GDP per capita in India?
Gross Domestic Product (PPP in 2017 prices) Indicator 2016 2017 2018 2020 GDP PPP Annual Growth Rate (100yr) – % – % – % – % Current GDP (US$ Billions) 2,295 2,653 2,713 Current GDP per Capita (US$) 1,733 1,982 2,006 Real GDP (US$ Billions, 2017) 2,484 2,659 2,822
How is India the fifth largest economy in the world?
1 Data from the IMF shows India has risen to become the world’s fifth largest economy, when ranked by nominal GDP. 2 India, in this ranking, has leapfrogged France and the UK. 3 Despite its growth, challenges remain, from sustainability to infrastructure.
How much has India’s economy grown in the past 25 years?
India’s rise is even more dramatic across the past 25 years. Since 1995, the country’s nominal GDP has jumped more than 700%. Despite its strong economic growth, the country still faces its share of challenges.