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MAY 2002 |
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HOME | ABOUT US | CONTACT | FEEDBACK | WEATHER | BACK ISSUES | ADVERTISE |
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WORLD BANK ON INDIA'S ECONOMY |
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INDIA: World's fourth largest economy GlobalomNet Media Service
India
has retained its position as the world’s fourth largest economy after
US, China and Japan, according to a World
Bank report. India’s
Gross National Income in Purchasing Power Parity (PPP) terms in 2000 was
$2,375 billon against $2,226 billion in 1999 while the level of per capita
income improved to $2,340 against $2,230 in 1999, the World Bank’s World
Development Indicator 2002 said. The
number one position was occupied by the US with a Gross National Income in
PPP terms of $9,601 billion in 2000, followed by China with $4,951 billion
and Japan with #3,436 billion. Germany
once the third largest economy, was positioned in fifth place with $ 2,047
billion. India’s
immediate neighbour, Pakistan, had a Gross National Incoe in PPP
terms at $ 257 billion while per capita income was $ 1,860, while for
Bangladesh, it was $209 billion and $1,590 respectively. In
the case if Sri Lanka the per capita income was $3,460 while Gross
National Income in PPP terms was $67 billion, it added.
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