Making India an Upper Middle Income Country in Short Term, a High Income Society in Long Term

[Indx TechStyle]

One more inforgraphic should have been there!
India's GDP per capita vs Global Average.
Nominal:



PPP:



India is going to remain mere a middle income country even at its peak in 2050s like USSR was in its time.

Note: World Average may not be accurate as I have copied GDP per capita for countries from previous years where projections were not available from WEO report, I have skipped the unpreditable economies where there is no data since 2021.

 

[Aditya10r]

3. A bit off topic: Comparison of Projected national GDPs for World's Most Influential Countries (US, China, India, Japan and European Great Powers)

Nominal:
View attachment 27050
View attachment 27051

PPP:
View attachment 27054
View attachment 27055

All well and good but Brishiters wont cross a dollar more than 5 Trillion this century.

 

[Indx TechStyle]

All well and good but Brishiters wont cross a dollar more than 5 Trillion this century.

They will. They have a better population projection & prospects than us due to migration, especially from Islamic world.

 

[Aditya10r]

They will. They have a better population projection & prospects than us due to migration, especially from Islamic world.

They are importing hajis and inbreds, not hard working squint eyed asian. Also, its only a matter of time before their financial system crashes and burns. Their bond rates are rising, they are essentially on borrowed time. Good fucking riddance.

 

[Anants]

They are importing hajis and inbreds, not hard working squint eyed asian. Also, its only a matter of time before their financial system crashes and burns. Their bond rates are rising, they are essentially on borrowed time. Good fucking riddance.

Aditya completed your mba? or still in stocks?

 

[eastern_bhartiya]

One more inforgraphic should have been there!
India's GDP per capita vs Global Average.
Nominal:
View attachment 27154
View attachment 27155

PPP:
View attachment 27157
View attachment 27158

India is going to remain mere a middle income country even at its peak in 2050s like USSR was in its time.

Note: World Average may not be accurate as I have copied GDP per capita for countries from previous years where projections were not available from WEO report, I have skipped the unpreditable economies where there is no data since 2021.

World avg in these predictions are always too high, it assumes that african countries will somehow grow steadily, its not gonna be the case irl. Not to mention climate change and new technologies.

 

[Aditya10r]

Aditya completed your mba? or still in stocks?

3 years since i completed. Now working at an HFT in delhi.

How ya doing?

 

[Anants]

3 years since i completed. Now working at an HFT in delhi.

How ya doing?

cool . Good that you finally got degree. still into bikes or now moved to cars . Me ole same ole same just adding on more kilos to paunch , less shekels in the pouch, more grey hair and so on..

 

[Aditya10r]

cool . Good that you finally got degree. still into bikes or now moved to cars . Me ole same ole same just adding on more kilos to paunch , less shekels in the pouch, more grey hair and so on..

Well, i bought myself a BMW S1000r(its a used one but still). I have also started adding some weight to my belly. Midlife crisis gonna hit me soon af.

Paisa toh apna bhi tight hi hai.

 

[Indx TechStyle]

World avg in these predictions are always too high, it assumes that african countries will somehow grow steadily, its not gonna be the case irl. Not to mention climate change and new technologies.

I have taken the 2027-29 GDP per capita growth for African countries in calculation which I say already is negligible. World GDP per capita growth is being pulled up by USA at a large extent, and then by Eastern and Southeastern Asia.

 

[FalconSlayers]

India is going to remain mere a middle income country even at its peak in 2050s like USSR was in its time.

Note: World Average may not be accurate as I have copied GDP per capita for countries from previous years where projections were not available from WEO report, I have skipped the unpreditable economies where there is no data since 2021.

India won't grow much with export oriented growth, an opportunity we've lost long ago and we don't have much resources to sustain growth either.

 

[eastern_bhartiya]

One more inforgraphic should have been there!
India's GDP per capita vs Global Average.
Nominal:
View attachment 27154
View attachment 27155

PPP:
View attachment 27157
View attachment 27158

India is going to remain mere a middle income country even at its peak in 2050s like USSR was in its time.

Note: World Average may not be accurate as I have copied GDP per capita for countries from previous years where projections were not available from WEO report, I have skipped the unpreditable economies where there is no data since 2021.

in the graph it seems like india's per capita growth started to fall behind per capital growth of world avg ?

 

[Indx TechStyle]

in the graph it seems like india's per capita growth started to fall behind per capital growth of world avg ?

It doesn't. It's an illusion since graph is displaying magnitude diff instead of relatives. I need to find another type of chart.

 

[eastern_bhartiya]

One more inforgraphic should have been there!
India's GDP per capita vs Global Average.
Nominal:
View attachment 27154
View attachment 27155

PPP:
View attachment 27157
View attachment 27158

India is going to remain mere a middle income country even at its peak in 2050s like USSR was in its time.

Note: World Average may not be accurate as I have copied GDP per capita for countries from previous years where projections were not available from WEO report, I have skipped the unpreditable economies where there is no data since 2021.

What is the avg growth rate during this period ?

 

[Indx TechStyle]

What is the avg growth rate during this period ?

Taken the average of growth projection from 2026 to 2029 for the rest of century.
That's why I said highly optimistic.

 

[Indx TechStyle]

IMF's WEO for Apr 2025 is out.
India's GDP for 2025 is $4.4 trillions, fourth largest in world after US ($30.3 trillions), China (19.53 trillions) and Germany ($4.9 trillions).

@ezsasa We can say that US seems to have successfully stagnated Chinese economy like it did to Japan in 90s.

 

[ezsasa]

IMF's WEO for Apr 2025 is out.
India's GDP for 2025 is $4.4 trillions, fourth largest in world after US ($30.3 trillions), China (19.53 trillions) and Germany ($4.9 trillions).

@ezsasa We can say that US seems to have successfully stagnated Chinese economy like it did to Japan in 90s.

are any other large credible institutions independent of brenton woods institutions echoing this?

 

[Indx TechStyle]

are any other large credible institutions independent of brenton woods institutions echoing this?

UBS data covers it upto end of century.


I will check but they aren't considered reliable. PRC itself though projects a slow growth of itself now.

IMF anyway projects PRC overtaking US which has been delayed several times.

 

[Indx TechStyle]

I will make excel reports and graphs upto 2029 same as I did for October 2024 report by the way.

 

[GaudaNaresh]

IMF's WEO for Apr 2025 is out.
India's GDP for 2025 is $4.4 trillions, fourth largest in world after US ($30.3 trillions), China (19.53 trillions) and Germany ($4.9 trillions).

@ezsasa We can say that US seems to have successfully stagnated Chinese economy like it did to Japan in 90s.

Now half the US economic numbers to get real economically relevant numbers in terms of economic power.
Because the 'deadweight' in terms of exerting economic power is your property sector . Because land value doesnt contribute an iota in terms of economic influence over others.
Chinese economic growth is 'stagnated' currently because Chinese property market is stagnant/contracting.
The two main driver of US economic wealth addition is US property sector and stock markets.

So the US going from 25 trillion to 30 trillion in the last 4-5 years means very little in terms of actual economic gap with China - the only economic metrics that matter in terms of economic power struggle, is your non real estate sectors - aka agriculture, manufacturing and certain types of services.

In THAT, the gap is much closer and China is gaining ground, which is why in economic power struggle terms, China is the one that is less affected than USA is in this tariff wars.

Americans got this rude shock against Russians when they were going around in 2022 saying 'Russian economy is size of alabama and its a gas station, they cant sustain war with coalition that is literally 75 times richer'.
Well, it can. Because the bulk majority of the western wealth generated is not from direct economic consumable value like oil or industrial goods are, its generated by property values and service values.
Yes you are 100 times richer than me if as a lawyer you charge 1000 dollars an hour and as a millright i charge 10 dollars an hour, but my 10 dollars an hour is going towards an ACTUAL output that is relevant in terms of economic power struggle, yours is not, because having 200x more expensive lawyer or property managers doesnt mean jack shit in terms of economic power projection.