India was the fastest growing major economy in the world during the second quarter of the current financial year.

Which economy is the fastest growing in the world?

India was the fastest growing major economy in the world during the second quarter of the current financial year.

Which country had the highest GDP per capita in 2012?

The tiny European nation of Luxembourg is mighty in at least one respect: It has the highest gross domestic product per capita in the world.

Which country has the fastest growing economy in the world 2022?

4 days ago
India
India is the world’s fastest-growing major economy in the world, according to Gross domestic product (GDP) growth projections in the Financial Year (FY) 2022 by the International Monetary Fund (IMF).

What is the strongest economy in the world?

United States
The top 20 largest economies in the world by GDP

Rank Country GDP (Nominal) (billions of $)
1 United States 20,807.27
2 China 15,222.16
3 Japan 4,910.58
4 Germany 3,780.55

Why is Libya’s economy growing so fast?

Libya has one of the highest GDP per capita in Africa. Libya’s territory (90 percent of which is a desert) has the largest oil reserves in Africa and one of the largest in the world. As a result, Libya’s economy is highly dependent on oil production which accounts for 94 percent of government revenues.

Which are the 13 fastest-growing economies in the world?

The 13 fastest-growing economies in the world 1 Ethiopia 2 Turkmenistan 3 Democratic Republic of the Congo 4 Myanmar/Burma 5 Uzbekistan 6 Cote d’Ivoire 7 Papua New Guinea 8 India 9 Bhutan 10 Mozambique

What is the global economic outlook for 2012?

According to the IMF’s World Economic Outlook report published in April 2012, “global growth is projected to drop from about 4 percent in 2011 to about 3½ percent in 2012 because of weak activity during the second half of 2011 and the first half of 2012.”

Is China’s economy the biggest growth story in the world?

China’s crazy growth has been one of the biggest stories over the past several decades. But the Chinese economy certainly isn’t the only one posting huge growth rates.

How much did the global economy grow between 2000 and 2010?

At exchange rates, the global economic output expanded by US$32.0 trillion from 2000 to 2010. At purchasing power parity, the global economic output expanded by US$39.1 trillion from 2000 to 2010.