Gross Domestic Product

India’s GDP doubles to USD 4.2 trillion over the last decade: IMF

India’s Gross Domestic Product (GDP) has doubled in size over the last ten years, according to the latest data released by the International Monetary Fund (IMF). The data revealed that India’s GDP at current prices stood at USD 2.1 trillion in 2015 and is projected to reach USD 4.27 trillion by the end of 2025, marking a 100 per cent increase within a decade. The IMF further reported that India’s real GDP growth rate for the current year is 6.5 per cent, indicating strong and stable econ...

January 10, 2025 12:24 PM

India retains title of world’s fastest-growing large economy with growth projected at 6.6%: UN

India would again be the fastest growing large economy in the world with a projected annual growth rate of 6.6 per cent, according to Hamid Rashid, the UN head of Global Economic Monitoring. He was speaking at the release of the UN's flagship report- ‘World Economic Situation and Prospects 2025, (WESP)’ on Thursday, which projected the gross domestic product (GDP) to grow slightly faster at 6.8 per cent next year. WESP said that India's economy would be bolstered by "strong export growth in...