The World Bank updated its GDP list

[BordoEnes]

http://databank.worldbank.org/databank/download/GDP_PPP.pdf

Gross domestic product 2011, PPP

Ranking Economy (millions of international dollars)

1 United States 15,094,000
2 China 11,379,182
3 India 4,533,919
4 Japan 4,383,325
5 Germany 3,204,596
6 Russian Federation 3,015,670
7 Brazil 2,304,646
8 France 2,289,849
9 United Kingdom 2,223,368
10 Italy 2,001,007
11 Mexico 1,752,883
12 Korea, Rep. 1,506,004
13 Spain 1,499,111
14 Canada 1,394,490
15 Turkey 1,288,638
16 Indonesia 1,131,166
17 Australia 892,115
18 Iran, Islamic Rep. 839,572
19 Poland 814,380
20 Argentina 720,488
21 Netherlands 715,154
22 Saudi Arabia 686,176
23 Thailand 605,019
24 South Africa 558,216
25 Egypt, Arab Rep. 521,964
26 Pakistan 488,420
27 Colombia 474,113
28 Malaysia 449,876
29 Belgium 424,966
30 Nigeria 411,372
31 Philippines 392,679
32 Sweden 390,407
33 Switzerland 388,640
34 United Arab Emirates 380,513 a
35 Venezuela, RB 375,815
36 Austria 355,494
37 Hong Kong SAR, China 353,510
38 Ukraine 331,392
39 Romania 324,342
40 Singapore 316,741
41 Algeria 313,552 a
42 Norway 306,441
43 Greece 304,621
44 Peru 303,342
45 Vietnam 301,728
46 Chile 298,947
47 Czech Republic 274,683
48 Portugal 270,018
49 Bangladesh 269,127

-----------------------------------------

The list from 2007

Gross domestic product 2007
(millions of Ranking Economy US dollars)
1 United States 13,811,200
2 Japan 4,376,705
3 Germany 3,297,233
4 China 3,280,053
5 United Kingdom 2,727,806
6 France 2,562,288
7 Italy 2,107,481
8 Spain 1,429,226
9 Canada 1,326,376
10 Brazil 1,314,170
11 Russian Federation 1,291,011
12 India 1,170,968
13 Korea, Rep. 969,795
14 Mexico 893,364
15 Australia 821,716
16 Netherlands 754,203
17 Turkey 657,091
18 Belgium 448,560
19 Sweden 444,443
20 Indonesia 432,817
21 Poland 420,321
22 Switzerland 415,516
23 Norway 381,951
24 Saudi Arabia 381,683
25 Austria 377,028
26 Greece 360,031
27 Denmark 308,093
28 South Africa 277,581
29 Iran, Islamic Rep. 270,937
30 Argentina 262,331
31 Ireland 254,970
32 Finland 246,020
33 Thailand 245,818
34 Venezuela, RB 228,071
35 Portugal 220,241
36 Hong Kong, China 206,706
37 Malaysia 180,714
38 Colombia 171,979
39 Czech Republic 168,142
40 Romania 165,980
41 Nigeria 165,690
42 Chile 163,915
43 Israel 161,822
44 Singapore 161,347
45 Philippines 144,129
46 Pakistan 143,597

Damm India is developing fast!!

 

[imperialmen]

The first list is based on PPP, and the second list is based on nominal value.

 

[rcrmj]

first you have to understand the concepts of GDP in PPP and GDP in nominal```

PPP is useless when comparing its GDP with other countries, because international purchasing is done with dollars..

but PPP is useful when measuring domestic purchasing, for example the Big Mac costs much less in Indian than the U.S

for developing countries PPP tend to be significently bigger than GDP nominal, otherwise for most developed countries

 

[Yogi]

i'll be happy the day we achieve the same position in nominal GDP as we have in PPP GDP

 

[AnmolSingh]

The first list is based on PPP, and the second list is based on nominal value.

second one is 2007 data, not nominal value

 

[AnmolSingh]

first you have to understand the concepts of GDP in PPP and GDP in nominal```

PPP is useless when comparing its GDP with other countries, because international purchasing is done with dollars..

but PPP is useful when measuring domestic purchasing, for example the Big Mac costs much less in Indian than the U.S

for developing countries PPP tend to be significently bigger than GDP nominal, otherwise for most developed countries

ppp is an important index as it facilitate
international comparisons of income and living standard of people

 

[Backbencher]

India moved from the 12th position in 2007 to 3rd in 2011 i.e. just a time interval of mere 4 years .........

 

[notsuperstitious]

India moved from the 12th position in 2007 to 3rd in 2011 i.e. just a time interval of mere 4 years .........

That comparison is incorrect. We have moved from 4th to 3rd in PPP terms over the period and moved from 14th to 12th in nominal terms. Infact due to rupee depreciation, in nominal tems we have slipped from 9th in 2010 to 12th in 2011.

 

[AnmolSingh]

India moved from the 12th position in 2007 to 3rd in 2011 i.e. just a time interval of mere 4 years .........

and quadrupled its gdp also

 

[Agnostic_Indian]

The first list is based on PPP, and the second list is based on nominal value.

there is no ranking of nominal value in 2011?

 

[INDIC]

India was fourth in 2007 in PPP

 

[notsuperstitious]

and quadrupled its gdp also

No we did not, yeesh, where were you all these years???

 

[Jade]

first you have to understand the concepts of GDP in PPP and GDP in nominal```

PPP is useless when comparing its GDP with other countries, because international purchasing is done with dollars..

but PPP is useful when measuring domestic purchasing, for example the Big Mac costs much less in Indian than the U.S

for developing countries PPP tend to be significently bigger than GDP nominal, otherwise for most developed countries

You should ask Worldbank to stop comparing economies using PPP, then ranting here on this forum.

 

[Edevelop]

http://databank.worldbank.org/databank/download/GDP_PPP.pdf

Gross domestic product 2011, PPP

Ranking Economy (millions of international dollars)

1 United States 15,094,000
2 China 11,379,182
3 India 4,533,919
4 Japan 4,383,325
5 Germany 3,204,596
6 Russian Federation 3,015,670
7 Brazil 2,304,646
8 France 2,289,849
9 United Kingdom 2,223,368
10 Italy 2,001,007
11 Mexico 1,752,883
12 Korea, Rep. 1,506,004
13 Spain 1,499,111
14 Canada 1,394,490
15 Turkey 1,288,638
16 Indonesia 1,131,166
17 Australia 892,115
18 Iran, Islamic Rep. 839,572
19 Poland 814,380
20 Argentina 720,488
21 Netherlands 715,154
22 Saudi Arabia 686,176
23 Thailand 605,019
24 South Africa 558,216
25 Egypt, Arab Rep. 521,964
26 Pakistan 488,420
27 Colombia 474,113
28 Malaysia 449,876
29 Belgium 424,966
30 Nigeria 411,372
31 Philippines 392,679
32 Sweden 390,407
33 Switzerland 388,640
34 United Arab Emirates 380,513 a
35 Venezuela, RB 375,815
36 Austria 355,494
37 Hong Kong SAR, China 353,510
38 Ukraine 331,392
39 Romania 324,342
40 Singapore 316,741
41 Algeria 313,552 a
42 Norway 306,441
43 Greece 304,621
44 Peru 303,342
45 Vietnam 301,728
46 Chile 298,947
47 Czech Republic 274,683
48 Portugal 270,018
49 Bangladesh 269,127

Wow imagine if Iran comes out of sanctions!

 

[livingdead]

^^^This is a good time to invest in Iran and myanmar.