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With the economy slowing down, where does India rank against Brazil, Russia and China?
Let's take a look at some economic indicators in India and the rest of the Bric group.
Source: The Economist
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GDP growth
India: 7.2 per cent
Brazil: 2.7 per cent
Russia: 4.3 per cent
China: 9.2 per cent
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Inflation
India: 8.6 per cent
Brazil: 6.6 per cent
Russia: 8.4 per cent
China: 5.4 per cent
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Unemployment
India: 9.8 per cent
Brazil: 6 per cent
Russia: 6.5 per cent
China: 4 per cent
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Investment/GDP
India: 34.4 per cent
Brazil: 20.6 per cent
Russia: 23.2 per cent
China: 48.3 per cent
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Savings/GDP
India: 31.6 per cent
Brazil: 18.4 per cent
Russia: 28.6 per cent
China: 51 per cent
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Current-account balance/GDP
India: -2.8 per cent
Brazil: -2.1 per cent
Russia: 5.5 per cent
China: 2.8 per cent
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Budget balance/GDP
India: -8.7 per cent
Brazil: -2.6 per cent
Russia: 1.6 per cent
China: -1.2 per cent