Brazilians have 7 times more cars.

"India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by the Bank of Baroda." Even though, "global headwinds such as slowdown in the world economy and geopolitical uncertainty could impact India's exports, disrupt supply chains, and lead to higher commodity prices." ET. "Back in 1991, India was on the edge of a financial crisis." "At the same time, Brazil looked far ahead, with its economy twice the size of India's." "Fast forward more than three decades," and "India was until now the world's fourth-largest economy, which recently slipped to sixth position because of depreciation of the rupee, while Brazil is at 11th place. The country has grown at an average of around 6.5% a year, while Brazil's growth has been closer to 2,5%." India's economy is based on services, Brazil's on commodities. msn.com. India has a higher credit rating according to S&P, Moody's and Fitch and a much lower interest rate at 5.25% compared to 14.75% in Brazil. However, India's population is over 1.40 billion crammed into 3.3 million sq km, while Brazil has a population of just 213 million spread out over 8.5 million sq km. Naturally, Brazil's GDP per capita was $10,282 while India's was $2,592 in 2024 and there were 218.59 motor vehicles per 1000 people in Brazil in 2020 and only 32.57 per 1000 people in India. countryeconomy.com. Clearly, on an individual level Brazilians are much more prosperous. "During the financial year ended 31 March 2026, India's imports from China rose to $131.6 billion, up from $65.2 billion in 2020-21. By contrast, India's exports to China in 2025-26 stood at $19.5 billion - still below the $21.2 billion in 2020-21. India's trade deficit with China widened from $44 billion in 2020-21, to $112.1 billion 2025-26, an increase of 155% in five years." DH. In 2024, Brazil exported a total of $378 billion and imported a total of $368 billion, thus earning a trade surplus in goods and services. atlas.hks.harvard.edu. In FY 2024-25, India incurred a cumulative trade deficit in merchandise and services of $-94.26. pib.gov.in. According to a Reuters poll of economists, India's GDP is expected to grow 6.7% in this financial year, but the figures do not capture "an already-notable hit to the country's vast informal sector." About 90-93% of India's workforce is employed in the informal sector, which had 65 million unincorporated enterprises employing 110 million workers in 2022-23. Vajiram & Ravi. Also, "India is facing inflation threats from heat waves and below normal rainfall this year, creating new economic pressures for policymakers already grappling with soaring energy costs." ET. How is it that our economy keeps growing gangbusters while per capita GDP is only $2,813 in 2026 (IMF)? An increase of just 8.5% from 2024. India is better off than Brazil. But Brazilians are better off than Indians. They have more cars. And oil.