PHDCCI International Economic Resilience Rank
As per the International Economic Resilience (IER) Rank, Germany has topped and India will be the 2nd most resilient economy in 2021. the report was released by PHD Chamber of Commerce and Industry (PHDCCI).
- Followed by South Korea has got the 3rd place in ranking.
IER (International Economic Resilience) Rank: Top 10 Countries in 2021
Top 10 Leading Economies | International Economic Resilience (IER) Rank | Real GDP growth Rate | Merchandise Export Growth | Current Account Balance % of GDP | General Govt. net lending / borrowing (% of GDP) | Gross Debt to GDP ratio | Aggregate of ranks of each leading indicator |
Germany | 1 | 7 | 5 | 1 | 2 | 3 | 18 |
India | 2 | 1 | 1 | 6 | 8 | 4 | 20 |
South Korea | 3 | 8 | 10 | 2 | 1 | 1 | 22 |
China | 4 | 2 | 8 | 5 | 9 | 2 | 26 |
Canada | 5 | 6 | 2 | 9 | 6 | 6 | 29 |
France | 5 | 3 | 7 | 7 | 5 | 7 | 29 |
Japan | 5 | 8 | 4 | 3 | 4 | 10 | 29 |
USA | 5 | 4 | 3 | 8 | 6 | 8 | 29 |
Italy | 6 | 9 | 6 | 4 | 3 | 9 | 31 |
UK | 7 | 5 | 9 | 10 | 7 | 5 | 3 |
International Economic Resilience (IER) Rank indicators
- real GDP growth rate,
- merchandise export growth rate,
- current account balance (as a percentage of GDP),
- general government net lending/borrowing (as a percentage of GDP)
- gross debt-to-GDP ratio.