Indian Economy vs Chinese Economy Essay

1601 WordsFeb 21, 20137 Pages
GROSS DOMESTIC PRODUCT INDIA - GDP: 1.848 trillion USD (2011) CHINA - GDP: 7.318 trillion USD (2011) According to a survey conducted by the United Nations in 2011 GDA of China -US$7,203,784 million GDP of India -US$1,897,608 million China has the second highest GDP in the world and India ranks ninth. According to a survey conducted by the IMF, the World Bank and the CIA World Factbook in 2011, China has the second highest GDP in the world after USA and India ranks tenth. LISTED BY THE WORLD BANK World 69,983,693 2011 1 United States 15,094,000 2011 2 China 7,318,499 2011 3 Japan 5,867,154 2011 4 Germany 3,570,556 2011 5 France 2,773,032 2011 6 Brazil 2,476,652 2011 7 United Kingdom 2,431,589 2011 8 Italy 2,194,750 2011 9 Russia 1,857,770 2011 10 India 1,847,982 2011 Largest economies by nominal GDP, 2011 (IMF) Economy Nominal GDP (Billion USD) European Union 17,611 (01) United States 15,076 (02) China 7,298 (03) Japan 5,867 (04) Germany 3,607 (05) France 2,778 (06) Brazil 2,493 (07) United Kingdom 2,431 (08) Italy 2,199 (09) Russia 1,850 (10) India 1,827 (11) Canada 1,739 (12) Australia 1,487 (13) Spain 1,480 (14) Mexico 1,154 (15) South Korea 1,116 (16) Indonesia 846 (17) Netherlands 838 (18) Turkey 774 (19) Switzerland 661 (20) Saudi Arabia 597 Rest of the World 13,781 POPULATION China and India jointly account for 2.4 billion people, which is roughly 40 percent of the total population of the world. Map of the world population. Gray-scale legend: 0 to 50 M to 400 M to 1'336 M (million). China ranks highest in terms of population with a total of 1,347,350,000 people (December 31, 2011). It

More about Indian Economy vs Chinese Economy Essay

Open Document