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What makes you think india is "super super" poor? India's GDP is humongous (https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) https://en.wikipedi
by adityamwagh 2mo ago
What makes you think india is "super super" poor? India's GDP is humongous (https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...).
- kortilla 2mo agoThe denominator
- antonvs 2mo agoThe page you need to look at is GDP per capita: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi... …which lists India as #148, below countries like Zimbabwe, Haiti, Bangladesh, Cambodia, and Palestine.
- triceratops 2mo agoThat only matters if you want to know how much an average individual can spend. Gross GDP is more relevant when you're discussing how much the state could spend on defence programs.
- eldaisfish 2mo agoIndia's total exports are in the same ballpark as the Netherlands, a country with half the population of the city of Bombay. India may not be a poor country, but GDP doesn't capture the real state of india's wealth.
- adityamwagh 2mo agoYes, GDP doesn't say anything about the individual wealth. But we are talking about the whole country here.