Paul Romer's 
new blog has 
this excellent map which illustrates the 
geographic variations in the level of economic activity across the globe (the lighted areas indicating economically active regions). Going by this yardstick, India is one of the most economically active regions in the world. Contrast this with China, whose economic activity is predominantly concentrated in the eastern coast.  

Update 1
See 
this Vox article that explores alternate indicators to measure economic activity.
 
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