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GDP By Country
 America/USA – 11,750,000,000,000 India –THE Financial Times (FT) has estimated
India's total gross domestic product (GDP) in 2004 at nearly $650 billion.
This was revealed in `India Awakes', a special FT report on India
released at the World Economic Forum meeting at Davos in Switzerland on
Friday. "The service sector has continued its
remarkable expansion... there has also been a strong performance from
restructured manufacturing industries and the agricultural sector", said
Mr John Ridding, Editor & Publisher of the Financial Times in
Asia. The special report released by FT is a collaborative effort with the
India Brand Equity Foundation (IBEF). The report, according to a WEF statement here,
examines India's economic revival and includes detailed cross-sectored
economic analyses by FT specialists. It also includes a special message by the
Minister for Commerce & Industry, Law & Justice, Mr. Arun Jaitley. In
his message titled: `India: Nation on the move', Mr. Jaitley talks in detail
about the country's "profound transition" that "encompasses
both economic liberalization and social empowerment of millions of its
people". "We are seeking investment into India
because we believe investment to be a key factor in our economic
transformation," he stated. In a special interview with FT, the Prime
Minister, Mr. Atal Bihari Vajpayee, had said: "We have sought to
implement our economic liberalisation with public accountability and a social
conscience. This makes our reforms more enduring and stable." The FT report especially focuses on the
country's competitive auto components industry, the buoyant markets, and
reforms in the agricultural sector. It also commends India's approach to its
foreign policy and economic diplomacy with a special reference to increasing
trade ties with China. Mr. Jaitley, in his message, has stressed on the
opportunities in India beyond information technology. "There are the new
vistas of tourism, by which, I mean essentially medical tourism, educational
services and leisure tourism, which are opening exciting new avenues and will
not only enhance the GDP growth for India but also contribute significantly
towards achieving a consistent eight per cent growth over the next two
decades." Australia — GDP: $ 611,700,000,000 Canada — GDP: $ 1,023,000,000,000 China — GDP: $ 7,262,000,000,000 Japan – 3,745,000,000,000Russia – 1,480,000,000,000United
Kingdom — GDP: $
1,782,000,000,000 |
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