In 7 charts: How India's GDP has doubled from $2.1tn to $4.2tn in just 10 years
In 7 charts: How India's GDP has doubled from $2.1tn to $4.2tn in just 10 years
India’s nominal GDP in 2015 was $2,103.6 billion. Come 2025, the IMF projects that it will reach $4,271.9 billion. That's over 100% growth in just 10 years! How has India managed to double its GDP in just ten years? What factors have worked to propel the economy, which at one time had been infamously ranked among the ‘Fragile Five’? We take a look:
India’s nominal GDP in 2015 was $2,103.6 billion. Come 2025, the IMF projects that it will reach $4,271.9 billion. That's over 100% growth in just 10 years! How has India managed to double its GDP in just ten years? What factors have worked to propel the economy, which at one time had been infamously ranked among the ‘Fragile Five’? We take a look: