Bharat In The World Economy — Its Rise After A Thousand Years Of Decline
“Bharat’s nominal GDP is set to hit USD 4 trillion in 2024-25. With Japan’s economy now valued at USD 4.1 trillion — reflecting a sharply weaker JPY — India is now tantalisingly close to becoming the world’s fourth-largest economy in dollar terms within a year. Germany’s nominal GDP is valued at USD 4.6 trillion and is growing relatively slowly. So, it is now reasonable to expect Bharat to replace Germany as the world’s third-largest economy by 2026-27. All of these projections are based on the assumption that no unexpected shock impacts the calculations, with the threshold levels indicating that it will now take a very big hit to significantly throw off the trajectory.
Read more at: https://hindupost.in/business-economy/bharat-in-the-world-economy-its-rise-after-a-thousand-years-of-decline/
- 3 May 2024
- WerIndia
Loading ...
