The US GDP is approximately $27.4 trillion compared to India's $3.7 trillion as of 2024, making the US economy roughly 7.4x larger. However, India's economy is growing at 6-7% annually versus the US at 2.5%, meaning India is narrowing the gap significantly.
United States vs India GDP — Side-by-side comparison on A Versus B
The United States maintains the world's largest economy with substantially higher GDP per capita and accumulated wealth, making it dominant in absolute economic terms. However, India's rapidly accelerating growth rate of 6.8% annually positions it to become the world's 3rd largest economy by 2030 and demonstrates stronger economic momentum. Choose US focus for understanding current global economic dominance and capital markets; choose India focus for analyzing the fastest-growing major economy and emerging market opportunities.
Compare United States Economy vs India Economy
World's largest economy by nominal GDP with technology-driven growth and global financial leadership.
World's 5th largest economy growing at 6.8% annually with 1.4 billion population.
United States vs India GDP — Comparison Data
Structured comparison data for United States vs India GDP with 304 attributes.
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United States vs India GDP — Attribute Category Vocabulary
Taxonomy of attribute categories used to classify comparison data for United States vs India GDP.
Will India's economy ever surpass the US?
In nominal terms, India is projected to become the world's 3rd largest economy by 2030 (behind US and China), but likely won't surpass the US until 2070+ based on current growth trajectories. In purchasing power parity (PPP) terms, India already ranks 3rd globally. The key difference: the US will maintain absolute economic dominance due to its massive wealth accumulation, but India's growth rate is 2.7x faster, indicating shifting global economic power.
Why is India's growth rate so much higher than the US?
India benefits from a younger population (median age 28 vs 38), rapid urbanization (only 35% urban currently), rising middle class consumption, manufacturing migration from China, and a massive digital economy expansion. The US economy is mature and developed, growing from a higher base, so percentage growth naturally slows. India is still in catch-up mode with significant productivity gains ahead.
How does GDP per capita affect quality of life?
The US's $82,500 per capita GDP reflects higher individual purchasing power, better infrastructure, and services access. India's $2,750 per capita masks significant inequality—urban tech workers earn $15,000-40,000 annually while rural populations earn $1,000-2,000. Both figures represent averages; India has 415 million people in poverty, while the US has structural wealth that enables universal access to healthcare, education, and infrastructure that India is still developing.
For stability and mature returns: US offers lower risk through established markets, Fortune 500 companies, and predictable 2-3% returns. For high growth potential: India offers 15-25% returns in emerging sectors (tech, e-commerce, fintech) but with higher volatility and regulatory risk. Ideal investment strategy: US equities for core holdings, India for high-growth allocation (5-15% of portfolio).
What's the impact of India's informal economy on GDP statistics?
India's official $3.7 trillion GDP excludes an estimated $5.2 trillion informal economy (street vendors, small traders, unregistered businesses representing 45% of total economic activity). If included, India's true economic size would be ~$8.9 trillion, making it roughly 4.8 times larger than currently reported and closing the gap with US faster than nominal figures suggest. This is why PPP comparisons often show India as relatively larger than nominal GDP data.