India has surpassed Japan to become the fourth-largest economy
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Re: India has surpassed Japan to become the fourth-largest economy
#2India overtakes Japan as 4th-largest economy, also California's economy too
Re: India has surpassed Japan to become the fourth-largest economy
#3India overtakes Japan as 4th-largest economy, also California's economy too
California has a population of 40M people, India 1.4B+, so surpassing California shouldn’t be surprising as India rapidly develops.
Re: India has surpassed Japan to become the fourth-largest economy
#4Per capita is the more meaningful number. Look up the rankings. The difference is dramatic.
For trajectory note that the Indian population is growing while japans population is shrinking. So taking all that into account per capita it’s about 50 years before India catches up with Japan if current rates stay the same.
I can guarantee rates will not stay the same.
Re: India has surpassed Japan to become the fourth-largest economy
#5Re: India has surpassed Japan to become the fourth-largest economy
#6Per capita is the more meaningful number. Look up the rankings. The difference is dramatic. For trajectory note that the Indian population is growing while japans population is shrinking. So taking all that into account per capita it’s about 50 years before India catches up with Japan if current rates stay the same. I can guarantee rates will not stay the same.
Nominal GDP is very important for geopolitics.
Re: India has surpassed Japan to become the fourth-largest economy
#7Per capita is the more meaningful number. Look up the rankings. The difference is dramatic. For trajectory note that the Indian population is growing while japans population is shrinking. So taking all that into account per capita it’s about 50 years before India catches up with Japan if current rates stay the same. I can guarantee rates will not stay the same.
Non-per-capita is more meaningful for comparing military strength, in the unlikely event that India should one day decide to invade Japan.
Re: India has surpassed Japan to become the fourth-largest economy
#8[flagged]
Re: India has surpassed Japan to become the fourth-largest economy
#9You can stop worshipping growth any time you like.
Re: India has surpassed Japan to become the fourth-largest economy
#10Unfortunately, doesn't mean much. Per capita wise it's among the lowest. GDP of downtown Vancouver surpasses that of richest state of India.