What was the rank of Indian economy in 2014?
The economy of India is a middle income developing market economy. It is the world’s fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 128th by GDP (PPP).
What country is #1 in economics?
United States
1. United States. The United States has a relatively open economy, facilitating flexible business investment and foreign direct investment in the country. It is the world’s dominant geopolitical power and is able to maintain a large external national debt as the producer of the world’s primary reserve currency.
Which country had the highest GDP in 2015?
Top 10 Largest Economies In The World by GDP Nominal (2015)
| Rank | Country | 2015 T $ |
|---|---|---|
| 1 | United States | 17,946 |
| 2 | China | 10,866 |
| 3 | Japan | 4,123 |
| 4 | Germany | 3,355 |
What was the GDP of India before 2014?
India GDP Growth Rate 1961-2022
| India GDP Growth Rate – Historical Data | ||
|---|---|---|
| Year | GDP Growth (%) | Annual Change |
| 2016 | 8.26% | 0.26% |
| 2015 | 8.00% | 0.59% |
| 2014 | 7.41% | 1.02% |
Who has the strongest economy in the world 2021?
USA United States
GDP (Nominal) Ranking
| Code | Country/Economy | GDP (Nominal) (billions of $) |
|---|---|---|
| 2021 | ||
| World | 94,935 | |
| USA | United States | 22,939.58 |
| CHN | China | 16,862.98 |
Which is the richest country in the world 2016?
The Richest Countries in the World
- Luxembourg: USD 143,203 per capita in 2025.
- Ireland: USD 112,769 per capita in 2025.
- Switzerland: USD 96,788 per capita in 2025.
- Norway: USD 95,165 per capita.
- Denmark: USD 78,068 per capita.
- United States: USD 77,653 per capita.
- Singapore: USD 75,250 per capita.
Which country will be the richest in 2025?
Luxembourg: USD 143,203 per capita in 2025 We forecast Luxembourg to be the world’s wealthiest economy in 2025 in nominal GDP terms (at market exchange rates).