Monday, October 30, 2006

Comparison of economies

If two economies have to be compared, one of the neutral indicators is the oil consumption levels.
(in thousand barrels daily)

Compare India and Brazil










































Year 1965 1966 1967 1968 1969 1970 1971 1972
Brazil 314 344 355 425 471 530 590 675
India 253 283 291 326 394 392 416 448




















































































Year 1973 1974 1975 1976 1977 1978 1979 1980 1981
Brazil 838 907 940 1006 1030 1125 1190 1155 1117
India 474 464 476 502 541 588 633 643 696








Year 1982 1983 1984 1985 1986 1987 1988 1989 1990
Brazil 1129 1089 1093 1116 1211 1242 1271 1292 1274
India 726 765 822 895 943 974 1069 1164 1211

Year 1991 1992 1993 1994 1995 1996 1997
Brazil 1289 1328 1354 1418 1498 1601 1729
India 1233 1296 1313 1413 1580 1700 1828

Year 1998 1999 2000 2001 2002 2003 2004 2005
Brazil 1800 1879 1855 1896 1853 1785 1776 1819
India 1963 2134 2254 2284 2374 2420 2573 2485


The effect of economic reforms in India since 1991 is clearly visible. Also the debt crisis in Brazil in 1980's led to a recession, and the the statistics speak for themselves.

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