India
- GDP: $3,755 billion dollars
- Per Capita Income: $2.460
- Annual GDP Growth Rate: 6.1%
India is the fifth-largest economy in the world, surpassing the United Kingdom. India’s GDP is now $3,755 billion, and its income per capita is $2,389. It has been growing rapidly in recent years.
This growth is due to a number of factors, including a large and growing population, a strong manufacturing sector, and a burgeoning IT industry.
India’s rise to become the world’s fifth-largest economy is a significant milestone, and it is a solid proof the country’s economic potential. India is expected to continue to grow in the coming years, and it is likely to become one of the world’s most important economies.
Top 10 World’s Largest Economies by Nominal GDP in 2024
As of 2023, the United States maintains its position as the world’s largest economy, with a Gross Domestic Product (GDP) of approximately $26.954 trillion. Following the United States, China holds the second spot with a GDP of about $17.786 trillion.
In this article, we will learn about the current ranking of the world’s top 10 biggest economies in 2024 in detail, their GDP and per capita income, and how the list of these highest-ranking countries is prepared.