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Dec 14, 2010

India china GDP FDI comparison

In both national and per capita income terms, the two countries were more or less in a dead heat two decades ago, but a mixture of policy, demographics and external factors has since catapulted China ahead.
Its economy is now nearly four times that of India's, and is widely regarded by economists as the world's second biggest economy, compared with India which was the eleventh biggest, according to World Bank figures for 2009.


But India's growth rate is now beginning to catch up to China's and its younger population, if managed well, could provide the fuel for it to close the gap in coming years.


Gross domestic prodcut (GDP), at current prices
China USD 356.9 bn  in 1990, USD 1.20 tn in 2000 and USD 4.98 tn in 2009
India USD 317.5 bn in 1990, USD 460.2 bn in 2000 and USD 1.31 tn in 2009
GDP per capita, at current prices
China USD 314 in 1990, USD 949 in 2000 and USD 3,744 in 2009
India USD 374 in 1990, USD 453 in 2000 and USD 1,134 in 2009 
Annual GDP growth
China 3.8% in 1990, 8.4% in 2000 and  9.1% in 2009
India 5.5% in 1990, 4.0% in 2000 and 7.7% in 2009
Foreign direct investment inflows
China USD 3.5 bn IN 1990, USD 38.4 bn in 2000 and USD 78.2 bn in 2009
India USD 236.7 mn in 1990, USD 3.6 bn in 2000 and USD 34.6 bn in 2009
source: moneycontrol.com

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