The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy which indicate a sign of a health economy
Let’s take a look at the Top 5 economies
- US - $14 trillion
- China - 9$ trillion
- Japan - $4 trillion
- India - $3.5 trillion
- Germany - $3 trillion
India is on the 4th position which is a positive indication regarding the growth of Indian economy.
These are GDP’s numbers at purchasing power parity – a mechanism of making different countries output comparable. The next five largest economies are UK, Russia, Brazil, & Italy.
Source : Anatomy of Froth by Swapnil Pawar
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