Comparing its key indicators
Brazil is a large and relatively industrialised economy,
and comparing its key indicators with India gives a clear
picture. It is 2.6 times the size of India by area but has just
a sixth of the population.
According to World Bank figures, Brazil’s gross domestic
product (GDP) in purchasing power parity (PPP) terms
was $1.3 trillion 2003, whereas India’s was around $3
trillion.
However, the per capita income figures (2003) are
vastly different due to the difference in population size –
$7,700 for Brazil and $2,900 for India.
Yet, a telling
indicator of consumption patterns are the non-PPP GDP
figures in current US dollars for 2004, which are $578
billion for Brazil and $598 billion for India.
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