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CompareEconomy.com Comparison of world economies

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Economy power of India & Papua New Guinea

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India vs Papua New Guinea

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India Papua New Guinea
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World Rank 3 27.15 World Rank 123 1.66
One of the fastest developing countries at this moment and the third biggest economy in the world if we include PPP factor into equations. The Republic of India is located in South Asia and it is the second most populous country in the entire world. In terms of land, they are the seventh-largest. Interestingly, this is the most populous democracy in the world. They also have an enormous amount of native languages (around 447). More about India The official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

India Papua New Guinea
Position in the ranking of countries 5 (2023) 104 (2023)
GDP [US$] 3,567,551,674,623 30,729,242,919
Percentage of the other 11609.6 % 0.9 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

India Papua New Guinea
Position in the ranking of countries 5 (2023) 103 (2023)
GNI [US$] 3,515,454,309,538 28,819,335,417
Percentage of the other 12198.2 % 0.8 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

India Papua New Guinea
Position in the ranking of countries 147 (2023) 48 (2004)
External balance [US$] -79,393,265,768 520,159,449
Percentage of the other -15263.3 % -0.7 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

India Papua New Guinea
Position in the ranking of countries 147 (2023) 48 (2004)
Unemployment [%] 4.20 2.74
Percentage of the other 153.3 % 65.2 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

India Papua New Guinea
Position in the ranking of countries 1 (2023) 91 (2023)
Population 1,438,069,596 10,389,635
Percentage of the other 13841.4 % 0.7 %

Population growth (annual %)

Density

Gender

Demography