| | + | In 1960, India was the tenth-largest economy, with a $35 billion GDP.<ref>https://en.wikipedia.org/wiki/List_of_countries_by_largest_historical_GDP</ref> In 1965, India kept the 10th place, with a $55 billion GDP. India only went to $65 billion in 1970, still being 10th. In 1975, India got bumped down to 12th by Brazil and Spain, with a $100 billion GDP. In 1980, Argentina, Mexico, and Netherlands bumped India, with a $190 billion GDP, to 14th. In 1985, India got $240 billion, this time getting to 14th, because of Argentina's crashing economy. In 1990, India, with a $325 billion GDP, went to 13th, bumping down the Netherlands. In 1995, India had a $366.7 billion GDP, but got bumped by South Korea to 14th. In 2000, the $475 billion economy, which is India, got to 13th place, bumping down Russia's declining economy. In 2005, India climbed to $833 billion, bumped down Brazil and Mexico, thus climbing to 11th. In 2010, India had a $1.725 billion GDP, and got to 9th, bumping down Canada, South Korea, and Spain, but being bumped down by Russia. In 2015, India hit the $2 trillion mark, and ultimately reaching $2.1 trillion, becoming the seventh-largest economy, bumping down Italy and Brazil. In 2020, India bumped down European powers the United Kingdom and France, and, with its $3 trillion GDP, India became the fifth-largest economy. In 2025, India is expected to have a $5 trillion GDP, and would become the fourth-largest economy, surpassing Europe's largest economy, Germany. If projections come true, India could become the third-largest economy, and Asia's second-largest economy, with a $8 trillion GDP, in 2030. |