India's GDP Share of the Global Economy - 2019
India's GDP Share of the Global Economy - 2019 According to the economic outlook released by the IMF in 2019, India's Economy (GDP) is said to be $2.9 Trillion. Currently, the United States is the number one country in the world economy with about $22 Trillion. China is in the Second place which is valued at $14 Trillion. Japan ranks third and Germany at Fourth. India ranks in the Fifth position in the Global Economy. The country is also said to be one of the Fastest growing economy. In terms of Purchasing Power Parity (PPP), China holds the number one position in the world. The United States comes in the Second and India is in the third position. India's Economy growing is due to the High Consumption and the emerging in the Service Industry. The Service sector holds the maximum percentage than the Agriculture and Manufacturing in India. It has contributed 60 Percent of the growth in GDP and 28 Percent of the employment has been generated through the Service Industry. Where