What is the GDP of India in 2012 in percentage?
5.46%
India GDP Growth Rate 1961-2021
| India GDP Growth Rate – Historical Data | ||
|---|---|---|
| Year | GDP Growth (%) | Annual Change |
| 2012 | 5.46% | 0.22% |
| 2011 | 5.24% | -3.26% |
| 2010 | 8.50% | 0.64% |
What was the GDP of India in 2013 in percentage?
GDP improves in India Gross Domestic Product of India grew 6.4% in 2013 compared to last year. This rate is 9 -tenths of one percent higher than the figure of 5.5% published in 2012. The GDP figure in 2013 was $1,856,720 million, leaving India placed 10th in the ranking of GDP of the 196 countries that we publish.
What is the ideal GDP ratio?
between 2% and 3%
Faster growth isn’t always better growth. It must be sustainable. Economists agree that the ideal GDP growth rate is between 2% and 3%. Growth needs to be at 3% to maintain a natural rate of unemployment.
What was GDP growth in 2012-13 fiscal year?
Chidambaram had faulted the CSO methodology when it first projected 5% GDP growth for 2012-13 in February last year, holding that the economy was turning around and growth will be “closer to 5.5%” during the fiscal year. For the current fiscal year, too, Chidambaram expects growth to remain above 5%.
What was the GDP of India in 2012-13?
Gross domestic savings (GDS) at current prices in 2012-13 is estimated at ₹ 30.4 trillion against ₹ 28.2 trillion in 2011-12, constituting 30.1% of GDP at market prices, against 31.3% in the previous year.
How big is the GDP of the world?
This statistic shows the global GDP (gross domestic product) from 2014 to 2024. In 2017, the global GDP (or gross world product) amounted to about 80.14 trillion U.S. dollars. Gross domestic product, also known as GDP, is the accumulated value of all finished goods and services produced in a country, often measured annually.
What is the gross domestic product in China?
Gross domestic product in China – additional information. Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period.