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.
What is the current position of Indian economy in world?
It is the world’s sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 145th by GDP (nominal) and 122th by GDP (PPP).
What is the rank of Indian economy in 2019?
GDP Ranking 2019
| Code | Country/Economy | GDP (PPP) (miillions of Int. $) |
|---|---|---|
| 2019 | ||
| DEU | Germany | 4,659,790 |
| IND | India | 9,611,680 |
| GBR | United Kingdom | 3,255,480 |
What is the world rank of India?
Economy
| List | INDIA Ranking/Total Countries | Source |
|---|---|---|
| Nominal GDP | 5 / 185 | World Bank |
| GDP (PPP) | 3 / 189 | World Bank |
| Per capita GDP (nominal) | 142 / 189 | World Bank |
| Per capita GDP (PPP) | 126 / 187 | World Bank |
Is India a poor country 2020?
The world’s largest democracy, India is a federal republic with 29 relatively autonomous states and seven union territories. … But because of its population, it’s also one of the poorest countries in the world based on income and gross national product per capita.
Which is the richest state in India?
HYDERABAD: Claiming that Telangana is the richest state in the country, chief minister K Chandrasekhar Rao said the state’s per capita income is over Rs 2.2 lakh which is higher than the national per capita income (GDP) of Rs 1 lakh.
Which country is No 1 in world?
Finland has been named as the #1 country in the world in 2021 for Quality of Life, according to the CEOWORLD magazine 2021 report, while Denmark and Norway placed second and third, respectively.
Which country has lowest GDP?
In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.
…
The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)
| Characteristic | GDP per capita in U.S. dollars |
|---|---|
| Burundi | 253.59 |
| South Sudan | 295.66 |
| Somalia | 326.98 |
| Malawi | 406.65 |
Is India a powerful country?
China and Russia are the second and third most powerful countries, known for their military spending and vast physical expanse. China also has a large economy with a GDP of $14.3 trillion.
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Most Powerful Countries 2021.
| Global Power Rank | Country | 2021 Population |
|---|---|---|
| 17 | India | 1,393,409,038 |
| 18 | Italy | 60,367,477 |
| 19 | Iraq | 41,179,350 |
| 20 | Singapore | 5,896,686 |