Income of Indians will double faster than...
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Until recently, average incomes in advanced countries were increasing at much faster rates than in the rest of the world.
But now the cycle has turned.
Average incomes of those working in the developing countries are projected to increase at a much faster rate than in the developed world, according to a study conducted by Angus Maddison, University of Groningen, McKinsey, IMF and The Economist.
Let's see in how many years the GDP will double in selected countries, including India.
NOTE: GDP is at purchasing-power parity
Forecast is based on average growth, 2011-2016
Click NEXT to see how many years it will take in India...
Image: Income in developing countries are growing faster.
Photographs: Reuters
Income of Indians will double faster than...
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India
GDP will double in how many years: 9
GDP per person (2011): $3,700
Population (2011): 1.2 billion
Click NEXT to see rest of the countries...
Image: Eleven-year-old tigress Gayetri carries her two-month-old cub in her mouth at the Alipore Zoo in Kolkata.
Photographs: Reuters
Income of Indians will double faster than...
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China
GDP will double in how many years: 7
GDP per person (2011): $8,400
Population (2011): 1.3 billion
Click NEXT to read more...
Image: Students wash their classmate's hair in China Fukang Beauty and Hair School in Shanghai.
Photographs: Reuters
Income of Indians will double faster than...
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South Korea
GDP will double in how many years: 14
GDP per person (2011): $31,800
Population (2011): 49 million
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Image: A woman reads a book beside a bronze statue in front of Sejong Centre for the Performing Arts in Seoul.
Photographs: Reuters
Income of Indians will double faster than...
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Japan
GDP will double in how many years: 23
GDP per person (2011): $34,400
Population (2011): 128 million
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Image: Japanese soldiers work on a snow sculpture celebrating the 25th anniversary of the Tokyo Disney Resort at the snow festival in Sapporo, Japan.
Photographs: Reuters
Income of Indians will double faster than...
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The United States
GDP will double in how many years: 24
GDP per person (2011): $48,100
Population (2011): 313 million
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Image: A view of downtown Los Angeles.
Photographs: Reuters
Income of Indians will double faster than...
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The United Kingdom
GDP will double in how many years: 25
GDP per person (2011): $36,000
Population (2011): 63 million
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Image: Youths skateboard through a shopping arcade at Covent Garden in London.
Photographs: Reuters
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Germany
GDP will double in how many years: 27
GDP per person (2011): $37,900
Population (2011): 81 million
Image: People ride a merry-go-round in a Christmas market, in front of the television tower in Berlin.
Photographs: Reuters
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