What is the size of Indian Economy in absolute terms and in terms of PPP?

Answer 1

India became third biggest economy in terms of purchasing power parity (PPP), according to a World Bank.

India's share in World GDP in terms of PPP was 6.4% in 2011 compared with China's 14.9% and the US' 17.1%.

In terms of per ca-pita GDP, even in PPP terms, India ranks very low at 127 in the 199-country ranking.

In term of absolute economy it is 5,741,791 Crore In Rupee for 2014.

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