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India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s. The Republic of India currently contributes 3.6% of world GDP (nominal) and 7.5% of global GDP (PPP) in 2023
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
In 2023, the annual health insurance premiums cost $8,435 for single coverage and $23,964 for family coverage, averaging over a 70% increase in just the last 10 years. Impact on the Middle Class
First American’s Fleming equates 2023’s 8% mortgage rates with the 18% rates of the 1980s because, between the 1970s and ’80s, mortgage rates rose by about eight to 10 percentage points, a ...
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.
IMF estimates between 1980 and 1989. IMF estimates between 1980 and 1989 [1] Country (or dependent territory) 1980 1981 ... 2,023: 2,339: 2,583: 2,839: 2,910
Argentina's 2023 annual inflation was the highest in the world at 211.4%. [43] In January 2024, Argentina’s poverty rate reached 57.4%, the highest poverty rate in the country since 2004. [ 44 ] Because of Milei's policies, the monthly inflation rate dropped to 2.4% in December 2024, marking an end to Argentina's period of hyperinflation. [ 45 ]