International Journal of Applied Research
Vol. 6, Issue 5, Part G (2020)
An empirical study of gross domestic product for emerging nations in the world
Ketankumar G Sumesara
Gross domestic product is the total market value of all final goods and services from a country in a given year. Nations are shorted by nominal Gross Domestic product estimates from financial and statistical institution, which are calculated at market or government official exchange rates. Nominal Gross Domestic Product does not take into account difference in the cost of living in difference countries and the result can vary greatly from one country to another. In this study researcher try to identified emerging nation in the world because of that time period should be considered as 3 years which was 2017 to 2019. For the collection of data secondary source are used and descriptive type of research conducted to identify the emerging nations in relation with gross domestic product in the world. In this study major finding was United State, Chine shows first and second position in relation with Gross domestic product and India considered as emerging nation because in 2017 it was in seventh position and in the year 2019 it took fifth potion out of all the nations’ countries
How to cite this article:
Ketankumar G Sumesara. An empirical study of gross domestic product for emerging nations in the world. International Journal of Applied Research. 2020; 6(5): 433-435.