Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

World's largest economies

Did you know that India's economy is larger than that of Russia? I was surprised to know that. India's economy (measured in terms of nominal GDP) is larger than that of Russia, but smaller than Spain, Brazil and Canada. Check out the list of top economies of the world in 2009.

US GDP is bigger than the GDPs of next three nations put together! Japan was number 2 until last month. In August China pipped Japan to become the second largest economy for the first time. India's GDP is about 1,200 billion USD, approximatly 55,000 billion INR.

GDP by Purchasing Power Parity

Found this interesting map on wikipedia -

Here is a link to interesting set of maps, to which this one belongs.

Indian economy


Indian economy is in a bad state, and it's not just on account of global recession. Here's a good article by Bibek Debroy.