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India’s Contribution to World’s GDP (Relevant for GS prelims, GS Mains paper III)

As per the information available from World Bank and International Monetary Fund (IMF), the contribution of India to world’s Gross Domestic Product (GDP), measured as share of GDP of India in world GDP (at current prices in US$ terms) is consistently increasing since 2014 as shown in the table below. As per the available data, this share in 2017 is the highest.

India’s share in world GDP at current prices in US$ terms (per cent)          

 

2014

2015

2016

2017

Share of India in world GDP

2.6

2.8

3.0

3.1

(Adapted from PIB)

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