Introduction: India may be the second largest country by population with over 1 billion people, but the statistic that is more important to American investors is India’s Gross Domestic Product (GDP). The GDP is currently at $1.089 trillion dollars and grows at a rate of approximately 7.5% per year, which makes India the 12th largest country in terms of economic size. The United States has a much larger GDP, but only grows about 2% on average each year. As a developing nation, India has one of the fastest growing economies in the world and one of the largest labor forces, second only to China. According to Goldman Sachs, the size of India’s economy is expected to surpass that of the United States by 2043.
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