♫musicjinni

India Vs China GDP - Comparison Year on Year #indiavschina #gdp #indiagrowth

video thumbnail
While both India and China have experienced significant economic growth, there are some key differences between their economies:

GDP Size: China's GDP has traditionally been much larger than India's. China's economy has been more than five times the size of India's economy in terms of nominal GDP.

Growth Rates: China has maintained higher GDP growth rates compared to India. China's growth rates were often in the range of 6-10%, while India's growth rates were around 5-7%.

Sectoral Composition: China's economy has been driven by manufacturing and exports, with a strong focus on industries like electronics, textiles, and automobiles. India's economy, while also having a significant manufacturing sector, places a greater emphasis on services such as information technology, outsourcing, and financial services.

Population Impact: Despite having a lower GDP, India's population is much larger than China's. This means that India's per capita GDP is significantly lower than China's.

Development Challenges: Both countries face unique challenges despite their economic growth. India struggles with issues such as poverty, income inequality, and infrastructure deficits. China, while having lifted a large number of people out of poverty, grapples with environmental concerns, an aging population, and the need to transition to a more sustainable growth model.

Global Trade and Influence: China has become a major player in global trade and investment, with extensive trade relationships and investments worldwide. India, while still a significant player, has been working to strengthen its global economic presence.

GDP per Capita of G20 Economies 1970 - 2020 #Shorts

Gross Domestic Product (GDP)

How China became the world's second largest economy

The Problem With Indian Economy | Indian Economy | Econ

The Formula For Economic Growth | Intellections

How Does Singapore’s Economy Outperform Other Asian Economies? | Economy of Singapore | Econ

Gross domestic product Explained

How India Will Take Over The World Economy In 10 Years

World’s Two Largest Economies: One is Surging and the Other is Stumbling | China & US Economy | Econ

India Will Not Be The Next China

India beat Pakistan GDP IND🇮🇳 vs PAK 🇵🇰 gdp 1970-2023 (©)

GDP GNP NDP NNP |Indian Economy | Static GK | By Dewashish Sir

Indian Economy is WORSE Than you Think

The Problem with Canada’s Economy | Canadian Economy

Growth and Development in India

Top 10 Toughest Exam In The World || Toughest Exam || #shorts #exam #test @aurfacts

Aspirants practicing eatingetiquette # SSB #SSBPreparation #NDA #CDS #Defence #DefenceAcademy

Singapore BANNED these things ! | #abhiandniyu #shorts

Five sectors India will dominate | Indian Economy | UPSC General Studies Paper 3

The Philippines Economy in 2 Minutes

Behind the Scene of the Class after becoming Parents || Work Life Balance ||

Income and Wealth Inequality: Crash Course Economics #17

How much does PUBLIC POLICY pay?

How Mexico is Becoming the New China

India has overtaken China as the world’s most populous nation. Will its economy join it at the top?

The Truth About Human Population Decline | Jennifer D. Sciubba | TED

China, India, Brazil and South Africa In The World Economy Part 1 | The New School

How The Economy Of Japan Could Predict The Next Decade | Economics Explained

Why did East Asia Develop while South-East Asia Still Struggles?

The Heat: China's economy

Disclaimer DMCA