Income of Indians will double faster than...

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...

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...

China

GDP will double in how many years: 7

GDP per person (2011): $8,400

Population (2011): 1.3 billion

...

South Korea

GDP will double in how many years: 14

GDP per person (2011): $31,800

Population (2011): 49 million

...

Japan

GDP will double in how many years: 23

GDP per person (2011): $34,400

Population (2011): 128 million

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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

...

The United Kingdom

GDP will double in how many years: 25

GDP per person (2011): $36,000

Population (2011): 63 million

...

Germany

GDP will double in how many years: 27

GDP per person (2011): $37,900

Population (2011): 81 million