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CEBR Forecast on Indian Economy
December 31 , 2022
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- The “World Economic League Table” is an annual publication of the CEBR (Centre for Economics and Business Research).
- This report tracks the macroeconomic trends at the global and national levels.
- It presents economic forecasts for 191 countries until 2037.
- India is expected to become the third economic superpower by 2037 and a 10 trillion USD economy by 2035.
- Over the next five years, India’s GDP growth is expected to average 6.4 percent each year.
- After this, the GDP is expected to grow at an average of 6.5 percent in the subsequent 9 years.
- On the World Economic League Table, India will jump in the global ranking from the present 5th position in 2022 to 3rd place by 2037.
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