The US economy is 7.8 times larger than India's at $32.4 trillion versus $4.15 trillion in nominal GDP, but India is growing nearly 3x faster at 6.48% annually versus the US growth rate, positioning India to become the world's third-largest economy by 2031.
Our Verdict
Choose the US if measuring current economic dominance, global influence, and per capita wealth—it controls over a quarter of global GDP with incomes 30+ times higher. Choose India if analyzing future economic growth potential and emerging market opportunities—it's expanding 3x faster and projected to become the world's third-largest economy within 5 years, driven by 6.9% forecasted growth and rising consumption.
All figures sourced from publicly available data. Last updated May 2026.
GDP Per Capita 2024
$2,813
1st🏆
Global Economic Rank 2026
6th
1st (stable)
Projected Rank by 2031
3rd🏆
~2.1% annually
Expected Growth 2026-2027
6.9% (Goldman Sachs forecast)🏆
26.2%🏆
Global GDP Share 2026
3.4%
Nominal GDP 2026
United States Economy
$32.4 trillion🏆
India Economy
$4.15 trillion
GDP Growth Rate 2026
United States Economy
~2.1%
India Economy
6.48%🏆
GDP Per Capita 2024
United States Economy
$86,173🏆
India Economy
$2,813
Global Economic Rank 2026
United States Economy
1st🏆
India Economy
6th
Projected Rank by 2031
United States Economy
1st (stable)
India Economy
3rd🏆
Expected Growth 2026-2027
United States Economy
~2.1% annually
India Economy
6.9% (Goldman Sachs forecast)🏆
Global GDP Share 2026
United States Economy
26.2%🏆
India Economy
3.4%
Pros & Cons
United States Economy
5 pros3 cons
Pros
Largest nominal GDP at $32.4 trillion—$28.25 trillion larger than India
Highest GDP per capita at $86,173, indicating strong individual wealth and living standards
Dominant global economic influence with 26.2% share of world GDP
Advanced financial markets, technology sector, and institutional stability
Diversified economy across manufacturing, services, tech, and energy sectors
Cons
Slower GDP growth rate of approximately 2.1% annually versus India's 6.48%
Declining share of global GDP as emerging markets grow faster
High federal debt and fiscal pressures limiting future growth potential
India Economy
5 pros3 cons
Pros
Fastest GDP growth among top economies at 6.48% annually—3x faster than US
Goldman Sachs forecasts 6.9% growth in 2026 and 6.8% in 2027, maintaining momentum
Consumption growth rising to 7.7% in 2026 from 7% in 2025, driven by income tax relief and lower inflation
Projected to become world's 3rd-largest economy by 2031, surpassing UK and Japan by 2027
Growing middle class and urbanization driving sustained economic expansion
Frequently Asked Questions
The US economy is $28.25 trillion larger in nominal terms ($32.4 trillion vs $4.15 trillion), making it 7.8 times bigger. However, this gap is narrowing as India grows at 6.48% annually versus the US at approximately 2.1%.
