Indian Economy in 2030: In the whole world, India is progressing rapidly in terms of economic power, according to an estimate, India will leave America behind in the year 2030. According to this estimate, in the year 2030, among the world’s 10 largest economic powers, China will rank first, India will rank second and the United States will rank third. This estimate shows the situation in the year 2017 and the changes that will occur in the year 2030.
Visual Capita List has published the report in the year 2019 according to the estimates of Standard Chartered, a multinational bank headquartered in London. According to this, today’s emerging markets will be tomorrow’s powerhouses. Visual Capita has published a report about the top 10 economic powers of the world, according to which 7 cities of India are progressing rapidly. Visual Capita has identified Agra, Nagpur, Hyderabad, Bengaluru, Rajkot, Surat, and Tiruppur as the fastest growing cities.
Top ten countries of the world in the year 2030
Visual Capita, while publishing a report about the economic condition of 10 countries, has also told the difference between the year 2017 and 2030. According to this, in the year 2030, China, India, United States, Indonesia, Turkey, Brazil, Egypt, Russia, Japan and Germany will be the top ten economic powers of the world respectively.
Order | Country | Projected GDP (2030, PPP) | GDP (2017, PPP) | Change |
---|---|---|---|---|
1 | China | $64.2 trillion | $23.2 trillion | +177% |
2 | India | $46.3 trillion | $9.5 trillion | +387% |
3 | United States of america | $31.0 trillion | $19.4 trillion | +60% |
4 | Indonesia | $10.1 trillion | $3.2 trillion | +216% |
5 | turkiye | $9.1 trillion | $2.2 trillion | +314% |
6 | Brazil | $8.6 trillion | $3.2 trillion | +169% |
7 | egypt | $8.2 trillion | $1.2 trillion | +583% |
8 | Russia | $7.9 trillion | $4.0 trillion | +98% |
9 | Japan | $7.2 trillion | $5.4 trillion | +33% |
10 | Germany | $6.9 trillion | $4.2 trillion | +64% |
According to this report, by the year 2030, India will be the second largest economy in terms of PPP according to many different models. Besides, India will also be the most populous country in the world by then. India can overtake China in terms of population in the year 2026.
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