Introduction
As we all know, when calculating the total amount of GDP in each country, it needs to be converted into US dollars before counting. Under such circumstances, the ranking of countries will change due to exchange rate changes.
Some countries have very good GDP data when using their own currencies for calculations, and maintain a steady growth trend. However, after being converted into US dollars, the situation has reversed, and the total volume does not increase but decreases.
However, when calculating the economic growth rate, the domestic currency is used to calculate it, and the US dollar is no longer used as the calculation base. So in this way, the year-on-year economic growth rate of many countries is positive. According to the list, India's economic growth rate ranks first, Japan is surprising and it is even difficult to maintain its third position. The gap between my country and the United States has further widened. What is the specific situation?
India's economic growth rate is far ahead
I believe many people know that India is a country with a large population and is currently in the demographic dividend period , so in recent years, the economic growth rate has been very considerable and has become one of the fastest growing economies in the world.
Last year, many countries were still affected by the epidemic and their economic development was severely hindered, but India became an exception and still achieved an economic growth rate of more than 8%. In the first three months of this year, the economic growth rate was still relatively high, reaching 4.1%.
, and from April to June, the economic growth rate even reached 13.5%. In this way, India achieved an average increase of 8.4% in the first half of this year. This data is a top-notch among many countries.
According to statistics, in the first six months of this year, India generated a total GDP of 1.72 trillion, which is even 123 billion ahead of the traditional developed country of Britain, ranking fifth in the global list. It is worth mentioning that the UK's total economic output last year also widened a large gap with India.
In fact, the UK will be surpassed by India sooner or later. After all, India has a very large population and can bring demographic dividends. Relevant institutions predict that may by the end of this year, India's total population will successfully surpass my country and reach the world's number one position.
For any country, as long as there is a huge population advantage, you don’t have to worry about the consumer market. In recent years, India has wanted to imitate our country, follow the same development path in our country, and start manufacturing in India. Under such circumstances, many companies have been attracted to India for development, which has brought huge development momentum to India's manufacturing industry.
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2AF to June, India's economic growth rate surprised many people. Among them, the service industry has a high contribution rate , achieving a year-on-year growth rate of 25.7%.
In the face of a great economic situation, India has set a new goal, which is to expect to enter the ranks of developed countries by 2047. But this goal is too lofty, and judging by the current situation in India, it is difficult to achieve. According to statistics, the per capita GDP 4 of developed countries in last year basically exceeded US$30,000, while the data in India was only US$2,277.
, and the per capita GDP standard for high-income countries is US$13,200, which is far from India. So from this perspective, India is still a relatively backward country in its economy.
The economic growth rate of the UK is also very good, reaching 5.8% in the first half of this year, second only to India. After entering this year, the United States has taken a series of measures to consolidate the status of the US dollar, resulting in a sharp depreciation of the pound and the euro. Under such circumstances, the GDP data created by the UK in the first half of this year was only 1.6 trillion, and it did not increase significantly.
Japan is out of control, the gap between my country and the United States widens
According to the list, Brazil 's economic growth performance is very impressive, squeezing into the top ten in the world, kicking South Korea out of the list. Japan generated a total GDP of 21,900 in the first six months, followed by Germany.The gap between
is only 13.3 million yuan. If Japan continues to maintain its current economic state, it is very likely that it will not even be able to maintain its third position, and the global economic landscape will undergo major changes.
The United States created a total of 12.267 trillion GDP in the first half of this year, achieving a year-on-year growth of 3.2%. However, some media reported that believes that the economic situation in the United States is not optimistic and is even in a negative growth state. Why is this?
When conducting economic data statistics, the United States pays great attention to the month-on-month data. According to statistics, in the first two quarters of this year, the month-on-month data of the United States fell by 1.5% and 0.6%, respectively, but the year-on-year data is still very impressive, reaching 4.2% and 2.9% respectively.
. In the first six months of this year, my country created a total of 8.68 trillion GDP, and the gap with the United States reached 3.59 trillion, which was only 2.85 trillion last year.
summary
In this way, the gap between my country and the United States has been further widened.
Today is hotly discussed: Top 10 global GDP in the first half of the year: India's first growth rate, Japan's third largest unsecured? What is the gap between China and the United States?
