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Comparing Indian States and Countries by GDP

Discussion in 'World Economy' started by InfoWarrior, Apr 15, 2017.

  1. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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    Comparing Indian States and Countries by GDP
    Top Statistics
    IPL Points Table 2017
    Economy of India is Rs. 152.51 lakh crore rupee
    India's GDP growth rate in 2016-17 is 7.11
    This is a comparison between 33 Indian states/UTs and countries by GDP (Nominal) and GDP (PPP). GDP (2014) of countries are based on the IMF World Economic Outlook (April-2015). Equivalent countries names are according to closest countries gdp figures. Rank of states are world rank with comparing gdp of 188 countries.

    To calculate GDP in Dollar, Formula = (GDP of India)*(contribution of state)/100. For example, gdp (nominal) of Delhi = 2049.50*3.86/100. gdp (ppp) of Delhi = 2049.50*3.86/100. 3.86% is the contribution of delhi in Indian economy. According to IMF, GDP of India in 2014 is $2049.50 billion and $7375.9 billion in nominal and ppp terms, respectively.

    India's largest economy Maharashtra has GDP (nominal) of around 289 billion US Dollar and GDP (ppp) of around 1040 billion international dollar. Economy of Maharashtra is equivalent to Hong Kong SAR on nominal basis and is equivalent to Nigeria on ppp basis. Among 188 countries, Maharashtra is at 39th and 22th position in nominal and ppp terms, respectively. Economy of India's 2nd largest state Uttar Pradesh and 3rd largest state Tamil Nadu is equivalent to Kuwait (in nominal) and UAE (in ppp).

    In nominal terms, Only Maharashtra is in top 50 in world ranking. But in ppp terms, 8 states are in top 50 in world ranking. Rank of 19 and 21 states are in top 100. Rank of Smallest economy A. & N. Islands is 172 in nominal 163 in ppp methods.
     
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  2. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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  3. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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    Last edited: Apr 15, 2017
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  4. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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  5. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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  6. InfoWarrior

    InfoWarrior Lieutenant FULL MEMBER

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    After demonetization of Indian currency on 08 nov 2016, rupee has became stronger than currency of 143 countries or economies. Out of 161 countries's currency, rupee has became weaker than 17 currencies and is at same exchange rate with 1 currencies.

    Rupee has became stronger by 0.95% against US Dollar ($) from 66.40 to 65.78 INR per unit US Dollar. Rupee has become stronger against some popular currencies like Euro, Australian Dollar, Swiss Franc, Singapore Dollar, Japanese Yen, British Pound, Canadian Dollar and Hong Kong Dollar. Became weaker than Russian Ruble and South African Rand.

    Indian rupee (INR) became stronger than currencies of other south asian nations Pakistani Rupee, Sri Lankan Rupee, Bangladeshi Taka.

    In Modi government, rupee has became stronger than 107 currencies.

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  7. SrNair

    SrNair Captain FULL MEMBER

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    GDP rating wont be enough to calculate the human life style in India .
    We need more equal distribution of wealth among our citizens
     
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  8. Butter Chicken

    Butter Chicken Lieutenant FULL MEMBER

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    The more the rich people earn,the more the masses benefit.How many jobs do billionaires like Ambanis etc provide?
     
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  9. Sathya

    Sathya Lieutenant FULL MEMBER

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    How did it became weaker than Rouble ?
     
  10. SrNair

    SrNair Captain FULL MEMBER

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    I dont think so .At least you shoukd have more rich people in India.Not a few trillionaries
     
  11. Butter Chicken

    Butter Chicken Lieutenant FULL MEMBER

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    thousands of millionaires leave India every year.We should pamper them to ensure they stay here
     
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  12. Nilgiri

    Nilgiri Lieutenant GEO STRATEGIC ANALYST

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    Rouble is appreciating from the cesspool it sank to earlier (losing about half or 2/3rds of their nominal non-rouble GDP)...so it is natural they are taking up that slack now. They are thus an anomaly.
     
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  13. Nilgiri

    Nilgiri Lieutenant GEO STRATEGIC ANALYST

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    Quite possible Indian GDP for 2016 will be revised upwards (from estimate of 2.3 trillion) in the upcoming WEO release of IMF....could be as high as 2.6 trillion USD from the appreciation.
     
  14. HariPrasad

    HariPrasad Lieutenant FULL MEMBER

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    It is 64.40 against a USD now and up more than 4% since Nov 16.
     
  15. Mayawi

    Mayawi FULL MEMBER

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    No it will be less around 2.18 . Because rupee sank 2016 , average rupee for dollar around 62 compared to 67 in 2016 . Making $ gdp less
     

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