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What was GDP in 2009?

What was GDP in 2009?

$14,478,100 million
The GDP figure in 2009 was $14,478,100 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $291,800 million with respect to 2008.

What is the GDP of India in 2010?

India GDP Growth Rate 1961-2021

India GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2011 5.24% -3.26%
2010 8.50% 0.64%
2009 7.86% 4.78%

What is India’s GDP percentage?

7. GDP at Current Prices in the year Q1 2021-22 is estimated at ₹ 51.23 lakh crore, as against ₹ 38.89 lakh crore in Q1 2020-21, showing a growth of 31.7 percent as compared to contraction of 22.3 percent in Q1 2020-21.

What is the GDP of India in 2019?

around 2.87 trillion U.S. dollars
In 2019, GDP in India was at around 2.87 trillion U.S. dollars.

What was the GDP for 2020?

$20.94 trillion
Current-dollar GDP decreased 2.3 percent, or $496.6 billion, in 2020 to a level of $20.94 trillion, compared with an increase of 4.0 percent, or $821.3 billion, in 2019 (tables 1 and 3).

Why did GDP decrease in 2009?

The economy fell 6.1%, partly due to leaner inventories. This was the third declining quarter in a row, and the fourth since the recession began in Q4 2007. The slowdown in Q1 was only slightly less than the 6.3% drop in Q4 2008.

Is India a poor country 2020?

India has a fast-growing, diverse economy with a large, skilled workforce. 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.

WHO calculates GDP in India?

In India the entire responsibility of calculating the GDP is with the Central Statistics Office under the Ministry of Statistics and Program.

Why India’s GDP is so low?

As the ripples of demonetisation and a poorly designed and hastily implemented Goods and Services Tax (GST) spread through an economy that was already struggling with massive bad loans in the banking system, the GDP growth rate steadily fell from over 8% in FY17 to about 4% in FY20, just before Covid-19 hit the country …

What is the GDP of India in 2020?

Economy of India

Statistics
Population 1,395,000,000 (2020 est.)
GDP $3.05 trillion (nominal; 2021 est.) $10.21 trillion (PPP; 2021 est.)
GDP rank 6th (nominal; 2021) 3rd (PPP; 2021)
GDP growth 20.1% (Q1 21/22e) (National Statistical Office) −7.3% (20/21e) 9.5% (21/22f) (WB)

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

What is the GDP of China in 2021?

$16.642 trillion
China is the largest recipient of foreign direct investment in the world as of 2020, receiving inflows of $163 billion….Economy of China.

Statistics
GDP $16.642 trillion (nominal; 2021) $26.66 trillion (PPP; 2021)
GDP rank 2nd (nominal; 2021) 1st (PPP; 2021)

What was the GDP of India in 2019?

The Gross Domestic Product (GDP) in India was worth 2875.14 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of India represents 2.39 percent of the world economy.

What was the GDP of India in 1960?

India GDP. The Gross Domestic Product (GDP) in India was worth 2600.82 billion US dollars in 2017. The GDP value of India represents 4.19 percent of the world economy. GDP in India averaged 545.87 USD Billion from 1960 until 2017, reaching an all time high of 2600.82 USD Billion in 2017 and a record low of 36.54 USD Billion in 1960.

What is the estimated GDP of India in 2022?

In the long-term, the India GDP is projected to trend around 3000.00 USD Billion in 2022, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Which is the best measure of India’s GDP?

India GDP. The gross domestic product (GDP) measures of national income and output for a given country’s economy.