Atualizações e previsões de mercado

Obtenha as últimas notícias econômicas da ForexMart, incluindo atualizações sobre o mercado financeiro, anúncios de políticas do banco central, indicadores financeiros e outras notícias relevantes que podem afetar a indústria.

Aviso legal:  O ForexMart não oferece consultoria de investimento e a análise fornecida não deve ser interpretada como uma promessa de resultados futuros.

India Becomes 6th Largest Economy and Beat France


julho, 12 2018
watermark Economic news

The World Bank issued the updated economic figures for previous year which showed that India held the sixth rank for the world’s largest economy and pushed France lower into the seventh spot. The gross domestic product (GDP) of India reached $2.597 trillion at the end of 2017 while France’s GDP amounted to  $2.582 trillion.


The Indian economy had a strong rebound since July last year following the declines in the past quarters due to economic policies imposed by the Prime Minister Narendra Modi's administration. There are about 1.34 billion Indian citizens which would likely make India the world’s highest population against 67 million French inhabitants. This explains that India’s per capita GDP remains a portion of France which is approximately 20 times higher according to the World Bank.


The consumer and manufacturing expenditure served as the main drivers for India’s economy in 2017 after Modi’s demonetization program of large banknotes way back in 2016 as well as the unorganized new tax system of the country.


India was able to double its GDP in a span of a decade and anticipated to power ahead as Asia’s economic engine as China wind down. The International Monetary Fund stated that India is predicted to grow by 7.4 percent in the current year and 7.8 percent in 2019, supported by tax reform and household spending. This was compared to the world’s forecast average expansion of 3.9 percent.


The Centre for Economics and Business Research mentioned that India would likely beat the GDP of France and the United Kingdom at the end of 2017. The London-based consultancy further told that there is a modest chance for the Indian economy hit the third place for the world’s largest economy by 2032.


Last year, Britain was regarded to be the fifth biggest economy in the world with a GDP worth $2.622 trillion. Meanwhile, the United States hailed as the number one economy followed by China, Japan, and Germany.



Comentários

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Aviso de Risco:
O câmbio estrangeiro é altamente especulativo e complexo por natureza, e pode não ser adequado para todos os investidores. A negociação em Forex pode resultar em um ganho ou perda substancial. Portanto, não é aconselhável investir dinheiro que você não pode perder. Antes de usar os serviços oferecidos pelo ForexMart, reconheça os riscos associados à negociação forex. Procure aconselhamento financeiro independente, se necessário. Observe que nem o desempenho passado, nem as previsões são indicadores confiáveis de resultados futuros.
O câmbio estrangeiro é altamente especulativo e complexo por natureza, e pode não ser adequado para todos os investidores. A negociação em Forex pode resultar em um ganho ou perda substancial. Portanto, não é aconselhável investir dinheiro que você não pode perder. Antes de usar os serviços oferecidos pelo ForexMart, reconheça os riscos associados à negociação forex. Procure aconselhamento financeiro independente, se necessário. Observe que nem o desempenho passado, nem as previsões são indicadores confiáveis de resultados futuros.