As of my last update, India has a larger economy than the Philippines when measured by nominal GDP. India's diverse economy and larger population contribute to its greater overall wealth. However, when looking at GDP per capita, which reflects individual wealth, the figures can vary, but India generally has a lower GDP per capita compared to the Philippines. Therefore, in terms of total economic size, India is richer, but on a per-person basis, the Philippines may be comparatively better off.
If any MNC works in INDIA it will countibute to INDIAS GDP and it countibutes in parent countries GNP.
The richest state in India is Maharashtra. It is one of India's most prosperous states, having a per-capita income is highest in country and GDP is almost double than any single state in country. It contributes to 40% of industrial production in india and 15% of GDP .. Its hub for IT , AUTOMOBILES, FINANCE,EDUCATION AND HELATHCARE.. Its GDP is double than other competing states in country
India ranks 2nd in world population, with about 1.1 billion people (with China 1st at 1.3 billion people).India is being rated as the world's 2nd most populous country with more than one billion population after China in the world today.India ranks second only to China in terms of the world's population. As of October 2008, its population was estimated at 1,139,240,000.India ranks 2nd in population in the world with 1,194,007,000 people just after China which has of about 1.3 billion population.
Czechia (the Czech Republic) has a higher GDP per capita compared to India, indicating a higher average income level for its citizens. However, in terms of total GDP, India is significantly larger due to its much larger population. Therefore, while Czechia may be richer on a per-person basis, India has a more extensive economy overall.
India's GDP in 2008-9 was estimated at 7.7%, lower than 9.1% in 07-08.
India Ranks 8th in GDP Nominal basis and 4th ( after US/China/Japan) in PPP basis.
India is the best in the world China has a much larger GDP and money in total.
Second largest GDP next to china
In terms of GDP, India is richer than Saudi Arabia. In terms of GDP per capita, Saudi Arabia is richer than India.
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India has a 33 to 35% target to cut emissions per unit of GDP by 2030 compared with 2005. It is the world's third largest emitter, but emissions per head are much lower than Western nations and of China.
The current GDP of India is about 8.9
During the Ninth Plan period, the growth rate was 5.35 percent, a percentage point lower than the target GDP growth of 6.5 percent !!
Because of China's secrecy and the unreliability of the figures they publish, it is very difficult to tell how much bigger the GDP of the US is compared to China. Even so, experts estimate that there isn't much difference between both countries and China will have a larger GDP than the US by 2017.
Here are the top 3 economies as of 2009... 1. China ( Approximate GDP- $7,043,000,000,000 ) 2. Japan ( Approximate GDP- $4,305,000,000,000 ) 3. India (Approximate GDP- $2,965,000,000,000 )
what is the fmcg contribution in India GDP