Surprising World Economic News

India displaces Japan to become third-largest world economy in terms of PPP: World Bank

Economic Times                                                                                                                              ET Bureau                                                                                                                                        30 Apr, 2014 New Delhi:  PPP ( purchasing power parity)  is used to compare economics and incomes   by adjusting for differences in prices and incomes  to  make meaningful comparisons between very different countries. In 2005, India was 10th in the world and in 2011 it is 3rd!   india-displaces-japan-to-become-third-biggest-economy-in-terms-of-ppp-world-bank                                                                                   This Indian shopping center could be in any western country. india-displaces-japan-to-become-third-biggest-economy-in-terms-of-ppp-world-bank (1) India_US_Size India has a population between  1.2-1.4 billion people compared to our population of 315 million. This  map tells the tale of  the density!

About annetbell

I am a retired elementary teacher, well seasoned world traveler,new blogger, grandmother, and a new enthusiastic discoverer of the wonderfully complex country of India. Anne
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6 Responses to Surprising World Economic News

  1. seaangel4444 says:

    I wondered when that would happen! Thank you for an informative post, Anne! Big hugs, Cher xo

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    • annetbell says:

      India is slated to overtake China as most populist country on earth. . . . say around 2030. This is because of the one child policy in China while India doesn’t have that. China and India are very competitive and the Indians I have spoken to about China. . . . have no love for it . There was actually a war between the two, years ago and China whooped India.

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      • seaangel4444 says:

        I recall the one child policy in China but I did not know that India does not have the same policy. Such interesting information, Anne. Thank you! Cher xo

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  2. YellowCable says:

    Wow, the population density compare to US is about 4:1 …

    Like

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