India retains position as world's fourth largest economy

["Ulhas Joglekar" <joglekarulhas@xxxxxxxxxxx>]

The Economic Times

Sunday, April 21, 2002

India retains position as world's fourth largest economy

PTI

WASHINGTON: India has retained its position as the world's fourth largest
economy after US, China and Japan, according to a World Bank report.

India's Gross National Income in Purchasing Power Parity (PPP) terms in 2000
was $2,375 billion against $2,226 billion in 1999 while the level of per
capita income improved to $2,340 against 2,230 in 1999, the World Bank's
World Development Indicator 2002 said.

The number one position was occupied by the US with a Gross National Income
in PPP terms of $9,601 billion in 2000, followed by China with $4,951
billion and Japan with $3,436 billion.

Germany, once the third largest economy, was positioned in fifth place with
$2,047 billion.

India's immediate neighbour Pakistan had a Gross National Income in PPP
terms at $257 billion while per capita income was $1,860, while for
Bangladesh it was $209 billion and $1,590, respectively.

In the case of Sri Lanka the per capita income was $3,460 while Gross
National Income in PPP terms was $67 billion, it added. PTI

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