BackIndia and China GDP: trend during 1000-2014
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03 Jan 2010, 09:04 PM IST
India and China GDP: trend during 1000-2014
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IMF projections are up to 2014, when India and China together are predicted to account for 22.8% of world GDP, although China’s share will be much bigger than India’s. In the year 1600, together they accounted for 51.4% of world GDP.
For India, its share of world GDP at 5.9%, according to IMF’s projections, are still far below Maddison’s estimate of India’s 8.6% share of world GDP in 1900. We have a long way to go.
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Published: 03 Jan 2010, 09:04 PM IST
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