India is expected to overtake Germany in terms of GDP in 2025 and Japan in 2027 to become the third largest economy after the U.S. and China. Modi has pledged to make India a developed country by 2047, when it celebrates the 100th anniversary of its independence.
The United States remains the most powerful country in the world, followed by China and Russia. However, the balance of power may shift in the coming years as countries like India and Brazil continue to grow economically and assert themselves on the global stage.
What country will be the strongest in 2100? In the univariate model, China will be the largest economy in the world in 2100, producing some 27% of global output. India will be the second largest economy accounting for 16.2% of global output and the US will be third with 12.3% of global output.
From this, we can draw three main conclusions: First, despite China's impressive rise and the resulting shifts in the international system and global balance of power, China is not yet a superpower. It largely remains a regional power.
There is still much work to be done to propel China to the top of the world's economy, but it is certainly possible that the Chinese economy can surpass the power of the US by 2050. It may also be too early to make definitive projections of China's future.
If the projections used in the above video prove to be accurate, the largest economy in 2030 will be China with $64.2 trillion in GDP after adjusting for purchasing power parity (PPP). That's nearly $20 trillion more than India, which will be the second largest by that time.
The United States is the most powerful country in the world. Its capital is Washington, DC. The country has the highest GDP of $23 trillion. Also known as the USA, it has 50 states and a population of 331,893,745.
Nevertheless, the United Kingdom today has retained global soft power, including a formidable military. The United Kingdom continues to have a permanent seat on the UN Security Council alongside only 4 other powers, and is one of the nine nuclear powers.
In 2017, Center for International Development at Harvard University, published a research study, projecting that India has emerged as the economic pole of global growth by surpassing China and is expected to maintain its lead over the 2020s.
By 2025, the United States would still be the most powerful country of the world, but it would have a little over 18% of the global power. The US would be closely followed by China (nearly 16%), European Union (14%) and India (10%).
United States of America The United States is the world's most powerful country, with a dominant military, economic strength, and cultural influence.
The world's 12th largest economy
Strong growth in 2021 solidified Australia's position as the world's 12th largest economy in 2021. Nominal GDP was around A$2.2 trillion (US$1.6 trillion) in 2021. Australia is home to just 0.3% of the world's population, but accounts for 1.7% of the global economy.
According to a recent report by Harvard University, “From economic complexity growth estimates, India is growing at the annual list at the rate of 7.9 percent as the fastest growing country for the coming decade.
The US dominates the air with far more bases, fighter jets and bombers than Russia but Russia is superior on the ground with more tanks, artillery and land vehicles. At sea, the countries are more evenly matched, but here the US has the edge with more destroyers, submarines and aircraft carriers.
India Emerges As The Fastest Growing Country Among World's Top 5 Economies In Q1 Of 2023.
1. Ireland [ GDP-PPP: 145,196 dollars, Population: around 49 Lakh 61 thousand] Foremost richest country in this significant list of wealthiest countries 2023 is Ireland. This small country became the most prosperous country in the world in 2023.
India to overtake China as world's most populous country in April 2023, United Nations projects.
The United States is the richest country in the world with the highest GDP, as of 2021. China is the second richest country in the world with a $17.734 trillion GDP.