An Indian summary

Discussion in 'Economy & Infrastructure' started by Himanshu Pandey, Feb 17, 2012.

  1. Himanshu Pandey

    Himanshu Pandey Regular Member

    Joined:
    Nov 12, 2011
    Messages:
    176
    Likes Received:
    85
    Location:
    Heartland
    Which countries match the GDP and population of India's states and territories?

    How big is Uttar Pradesh, India’s most populous state? One way of answering the question is to take its total area: 95,000 square miles (246,000 sq km). Another way is to think of it as a country. If Uttar Pradesh were to declare independence, it would be the world’s fifth most populous country (as the map below shows, it has about the same number of residents as Brazil). Yet its economy would only be the size of Qatar, a tiny oil-rich state of fewer than 2m people. That makes it poor on a per person basis. Despite India’s two decades of rapid growth, Uttar Pradesh’s GDP per head is close to that of Kenya. The map below presents country equivalents for India’s states and territories in terms of GDP, GDP per person (in PPP terms) and population. Please play around with it and tell us what you think.

    Comparing Indian states and territories with countries: An Indian summary | The Economist
    [​IMG]
     
  2.  
  3. Himanshu Pandey

    Himanshu Pandey Regular Member

    Joined:
    Nov 12, 2011
    Messages:
    176
    Likes Received:
    85
    Location:
    Heartland
    Comparing US states with countries

    Which countries match the GDP and population of America's states?

    IT HAS long been true that California on its own would rank as one of the biggest economies of the world. These days, it would rank eighth, falling between Italy and Brazil on a nominal exchange-rate basis. But how do other American states compare with other countries? Taking the nearest equivalent country from 2009 data reveals some surprises. Who would have thought that, despite years of auto-industry hardship, the economy of Michigan is still the same size as Taiwan's?

    Comparing US states with countries: Stateside substitutes | The Economist
     
  4. Himanshu Pandey

    Himanshu Pandey Regular Member

    Joined:
    Nov 12, 2011
    Messages:
    176
    Likes Received:
    85
    Location:
    Heartland
    All the parities in China

    Which countries match the GDP, population and exports of Chinese provinces?

    China is now the world’s second-biggest economy, but some of its provinces by themselves would rank fairly high in the global league. Our map shows the nearest equivalent country. For example, Guangdong's GDP (at market exchange rates) is almost as big as Indonesia's; the output of both Jiangsu and Shandong exceeds Switzerland’s. Some provinces may exaggerate their output: the sum of their reported GDPs is 10% higher than the national total. But over time the latter has consistently been revised up, suggesting that any overstatement is modest.

    What about other economic yardsticks? Guangdong exports as much as South Korea, Jiangsu as much as Taiwan. Shanghai’s GDP per person is as high as Saudi Arabia’s (at purchasing-power parity), though still well below that in China’s special administrative regions, Hong Kong and Macau. At the other extreme, the poorest province, Guizhou, has an income per head close to that of India. Note that these figures use the same PPP conversion rate for the whole of China, but prices are likely to be lower in poorer provinces than in richer ones, slightly reducing regional inequality.

    Correction, February 25th: The original figure given for Hong Kong's exports included re-exports. This has been changed to refer to domestic exports only.

    Comparing Chinese provinces with countries: All the parities in China | The Economist
     
  5. Himanshu Pandey

    Himanshu Pandey Regular Member

    Joined:
    Nov 12, 2011
    Messages:
    176
    Likes Received:
    85
    Location:
    Heartland
    these comparison reminds me how much we needed our black money back in the India
     
  6. The Messiah

    The Messiah Bow Before Me! Elite Member

    Joined:
    Aug 25, 2010
    Messages:
    10,788
    Likes Received:
    4,552
    our growth will double.
     

Share This Page