what is the current gdp of India as per 2020?
Answers
Answer:
$3.2 trillion (nominal; 2020 est.) $11.3 trillion (PPP; 2020 est.)
Answer:
India GDP Data 2020: Owing to a strict nationwide lockdown due to the novel coronavirus (COVID-19) during the bulk of the first quarter of the financial year 2020-21, India’s Gross Domestic Product (GDP) for the April-June quarter slipped by a sharp 23.9 per cent, as per provisional estimates released by Ministry of Statistics and Programme Implementation (MoSPI) on Monday. The GDP had expanded by 5.2 per cent in the corresponding quarter of 2019-20.
According to the economists surveyed by Bloomberg, India’s GDP is estimated to have declined 18 per cent in the quarter ended June. Earlier this month, the State Bank of India (SBI) Ecowrap report said the country’s GDP to contract by 16.5 per cent during the first quarter.