07-09-2006, 01:12 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>India 12th wealthiest nation in 2005: World Bank</b>
link
Press Trust of India
Washington, July 8, 2006
India has emerged as the 12th wealthiest nation in the world with its GDP touching $785.47 billion or Rs 35,34,615 crore in 2005, calculated by the World Bank.
US was the wealthiest nation with GDP of $12.46 trillion, according to a list of 15 wealthiest countries prepared by the World Bank in terms of their gross domestic product.
The GDP figures have been adjusted to reflect purchasing power.
While India was way down compared to <b>China, positioned fourth with $2.23 trillion </b>of GDP, it was wealthier than Mexico, Russia and Australia.
The first nine countries had GDP of more than $1 trillion.
The United States was followed by <b>Japan with $4.51 trillion and Germany $2.78 trillion.</b>
<b>Britain, France and Italy occupied fifth, sixth and seventh rank with GDP of $2.19 trillion, $2.11 trillion and $1.72 trillion, respectively</b>.
Next came<b> Spain, Canada, Brazil and South Korea with their GDP estimated at $1.124 trillion, $1.115 trillion, $794.10 billion and $787.62 billion</b>, respectively.
There was no African country among the 15 richest nations, while <b>India was the only south Asian country in the list.</b><!--QuoteEnd--><!--QuoteEEnd-->
link
Press Trust of India
Washington, July 8, 2006
India has emerged as the 12th wealthiest nation in the world with its GDP touching $785.47 billion or Rs 35,34,615 crore in 2005, calculated by the World Bank.
US was the wealthiest nation with GDP of $12.46 trillion, according to a list of 15 wealthiest countries prepared by the World Bank in terms of their gross domestic product.
The GDP figures have been adjusted to reflect purchasing power.
While India was way down compared to <b>China, positioned fourth with $2.23 trillion </b>of GDP, it was wealthier than Mexico, Russia and Australia.
The first nine countries had GDP of more than $1 trillion.
The United States was followed by <b>Japan with $4.51 trillion and Germany $2.78 trillion.</b>
<b>Britain, France and Italy occupied fifth, sixth and seventh rank with GDP of $2.19 trillion, $2.11 trillion and $1.72 trillion, respectively</b>.
Next came<b> Spain, Canada, Brazil and South Korea with their GDP estimated at $1.124 trillion, $1.115 trillion, $794.10 billion and $787.62 billion</b>, respectively.
There was no African country among the 15 richest nations, while <b>India was the only south Asian country in the list.</b><!--QuoteEnd--><!--QuoteEEnd-->