the rank of the top 20 economies (by the nominal GDP during 2011.1.1-2011.9.30)

badguy2000

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1. USA ,nominal GDP 11.2641 trillion USD, nominal growth 3.9%ï¼›real growth 1.8%

2. PRC,nominal GDP 4.9356 trillion USD,nominal growth 23.4%;real growth,9.4%。

3. Japan nominal GDP 4.2893 trillion USD,nominal grwoth 7.8%;real growth,-0.9%。

4. Germany ,nominal GDP 2.6929 T USD,nominal Growth 11.5%;real growth,3.5%。

5.France,nominal GDP 2.0976 T USD, nominal growth10.5%;real growth,1.8%

6. Brazil , nominal GDP 1.8698 T USD,nominal Growth21.7%, real growth 3.2%.

7.UK,, nominal GDP 1.8182 T USD,nominal Growth9.0%, real growth 0.9%.

8.Italy, nominal GDP 1.6399 T USD,nominal Growth8.8%, real growth 0.5%.

9.India , nominal GDP 1.41078 T USD,nominal Growth19.2%, real growth 7.6%.

10.Russia nominal GDP 1.3298 T USD,nominal Growth25.9%, real growth 4.1%.

11.canada , nominal GDP 1.2994 T USD,nominal Growth12.0%, real growth 2.4%.

12.Spain , nominal GDP 1.1176 T USD,nominal Growth9.6%, real growth 0.9%.

13. Australia nominal GDP 1.1007 T USD,nominal Growth24.0%, real growth 1.9%.

14.. Mexico , nominal GDP 0.8721 T USD,nominal Growth15.1%, real growth 4.0%.

15 S.Korea , nominal GDP 0.8256 T USD,nominal Growth11.1%, real growth 3.7%.

16. Neitherland,nominal GDP 0.6297 T USD:

17 . Indonisia ,nominal GDP 0.6296 T USD:

18.Turkey,nominal GDP 0.5890 T USD:

19. Switzerland nominal GDP 0.4784T USD:

20. Sweden, naominal GDP 0.3991 T USD.
 
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Armand2REP

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Where did you get those numbers, a cracker jack box? That figure would be right for France if you change USD to Euro.
 

badguy2000

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well, It seems that Brazil has a bigger economy than most people thought
 

thakur_ritesh

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i think along with the time period of 9 months, they have also taken indian rupee exchange rate at the current market rate, which would be 52/53 to a dollar.

BG, can you clarify that for us.

if so, not bad at all. at 45, they are suggesting, india would have crossed the 2trillion usd mark by the end of this year, 31st, dec 2011.
 

KS

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the rank of the top 20 economies (by the nominal GDP during 2011.1.1-2011.9.30]
It was collected from a Chinese...he collected it from where ?

I will anyday trust a World Bank figure than what some Chini says.
 

thakur_ritesh

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Since BG talked about Brazil, and so have ohimlaya and kickok in the past, let us look at how India and Brazil have done post 1987 and the perception projected (from the chinese side) has been brazil has done better and would do better:

india v/s brazil GDP growth rates:

World Bank, World Development Indicators - Google Public Data Explorer
Clearly from 1987 onwards india has outperformed brazil in terms of growth rate figures.

India v/s Brazil GDP:

In 1987:

India's GDP: 276 b usd, Brazil's GDP: 294 b usd.

In 2010:

India's GDP: 1.73 t usd, Brazil's GDP: 2.1 t usd

You would wonder why the difference in favor of Brazil even though India has grown much quicker all throughout. answer lies in the exchange rate of the two countries. where as India's currency depreciated drastically, Brazil's currency appreciated.

That should explain you the reason why Brazil has done "better".

PS: figures credit WB

Karthic,

If they have taken exchange rate at rs52/53 to a dollar, then the figures should be more or less in sync with the WB figures for India at least.
 

badguy2000

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Since BG talked about Brazil, and so have ohimlaya and kickok in the past, let us look at how India and Brazil have done post 1987 and the perception projected (from the chinese side) has been brazil has done better and would do better:

india v/s brazil GDP growth rates:

World Bank, World Development Indicators - Google Public Data Explorer
Clearly from 1987 onwards india has outperformed brazil in terms of growth rate figures.

India v/s Brazil GDP:

In 1987:

India's GDP: 276 b usd, Brazil's GDP: 294 b usd.

In 2010:

India's GDP: 1.73 t usd, Brazil's GDP: 2.1 t usd

You would wonder why the difference in favor of Brazil even though India has grown much quicker all throughout. answer lies in the exchange rate of the two countries. where as India's currency depreciated drastically, Brazil's currency appreciated.

That should explain you the reason why Brazil has done "better".

PS: figures credit WB

Karthic,

If they have taken exchange rate at rs52/53 to a dollar, then the figures should be more or less in sync with the WB figures for India at least.
exchange rate matters much ,when it comes to nominal GDP.

however, in a long run,exchange rate always is decided by the industry competitiveness ......

so,if the exchange rate devalue much in a long run, it just proves that something is wrong with your industry structure and economy
 

thakur_ritesh

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exchange rate matters much ,when it comes to nominal GDP.

however, in a long run,exchange rate always is decided by the industry competitiveness ......

so,if the exchange rate devalue much in a long run, it just proves that something is wrong with your industry structure and economy
what did i ask you?
 

cir

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don't know about other countries, but China's Q4 GDP accounts for rougly one third of the year total。

Using year-end market exchange rates, China's 2011 GDP is likely to fall between 7.3 and 7.5 trillion dollars。
 
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don't know about other countries, but China's Q4 GDP accounts for rougly one third of the year total。

Using year-end market exchange rates, China's 2011 GDP is likely to fall between 7.3 and 7.5 trillion dollars。
Do you have a link these numbers seem to be wrong?
 

thakur_ritesh

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Do you have a link these numbers seem to be wrong?
LF,

he seems to be right, they are projecting their nominal growth rate to be at 23.4% so 7.3t usd looks achievable.

the more interesting thing is, they are projecting their real growth rate at
9.5-10%, then what else is filling in the gap that projects the nominal growth at 23.4%.
 

Rahul92

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List by the International Monetary Fund (2010)
European Union 16,242,256[4]
1 United States 14,526,550
2 China, People's Republic of 5,878,257n2
3 Japan 5,458,797
4 Germany 3,286,451
5 France 2,562,742
6 United Kingdom 2,250,209
7 Brazil 2,090,314
8 Italy 2,055,114
9 India 1,631,970
10 Canada 1,577,040
11 Russia 1,479,825
12 Spain 1,409,946
13 Australia 1,237,363
14 Mexico 1,034,308
15 Korea, South 1,014,482
16 Netherlands 780,668
17 Turkey 735,487
18 Indonesia 706,752
19 Switzerland 527,920
20 Poland 469,401
21 Belgium 467,779
22 Sweden 458,725
23 Saudi Arabia 448,360
24 Republic of China (Taiwan) 429,845
25 Norway 412,990
 

badguy2000

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LF,

he seems to be right, they are projecting their nominal growth rate to be at 23.4% so 7.3t usd looks achievable.

the more interesting thing is, they are projecting their real growth rate at
9.5-10%, then what else is filling in the gap that projects the nominal growth at 23.4%.
inflation and exchange rate
 

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