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economy

US vs India GDP 2026: Economy Size, Growth Rate Comparison

The US has a nominal GDP of approximately $27.4 trillion compared to India's $3.7 trillion, making the US economy roughly 7.4x larger; however, India's economy is growing at 6-7% annually versus the US at 2.5%, and India has surpassed the US in PPP-adjusted GDP since 2023.

United States Economy

United States Economy

World's largest developed economy with advanced services, finance, and technology sectors

Investors seeking stability, advanced technology exposure, and established markets; analysts studying developed economy characteristics

Score63%
VS
IE

Indian Economy

World's fastest-growing major economy with emerging markets and diverse sectors

Investors seeking high-growth exposure and emerging market opportunities; researchers analyzing demographic dividends and digital transformation

Score63%

Quick Answer

AI Summary

The US has a nominal GDP of approximately $27.4 trillion compared to India's $3.7 trillion, making the US economy roughly 7.4x larger; however, India's economy is growing at 6-7% annually versus the US at 2.5%, and India has surpassed the US in PPP-adjusted GDP since 2023.

Our Verdict

AI-assisted

The United States maintains the world's largest and most developed economy with superior nominal GDP, higher income per capita, and advanced financial systems, making it the dominant economic power today. However, India's significantly higher growth rate and massive population position it as the world's fastest-growing major economy, likely to become the second-largest economy within the decade. Choose the US for current economic dominance and stability; choose India for understanding the world's highest-growth emerging market.

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United States Economy
8.3/10
Indian Economy
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United States Economy

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Investors seeking stability, advanced technology exposure, and established markets; analysts studying developed economy characteristics

I

Choose Indian Economy if

Investors seeking high-growth exposure and emerging market opportunities; researchers analyzing demographic dividends and digital transformation

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Key Differences at a Glance

  • Nominal GDP (2024):United States Economy wins($27.4 trillion vs $3.7 trillion)
  • PPP-Adjusted GDP (2024):United States Economy wins($27.7 trillion vs $14.9 trillion)
  • Annual GDP Growth Rate (2024):Indian Economy wins(6.8% vs 2.5%)
See all 7 differences

Key Facts & Figures

214 numeric metrics compared

MetricUnited States EconomyIndian EconomyRatio
Total Nominal GDP 2026(USD Trillion)$30.0-30.5 trillion
Global EV Production Share(%)17%
Global Battery (LFP) Production(%)~6%
Global Manufacturing Output(%)~16%
Unemployment Rate 2026 (Projected)(%)~3.8-4.0%
Global EV Market Share(%)20-25%
Projected GDP Growth Rate 2026(percent)2.2%
Government Defense Expenditure(USD Billions)$925.8 billion
Government Health Expenditure(USD Million)$4.18 trillion (2024)
Tariff Impact Risk on GDP(Percentage Points)0.3-0.5%
Total GDP 2026(trillion USD)30.0+
Government Defense Expenditure 2024(billion USD)$925.8 billion
Government Health Expenditure 2024(billion USD)$4,175 billion
Education Expenditure Per Capita 2023(USD)$4,481
EV Production Share(% of global)~20%
Solar Panel Manufacturing(% of global)6%
Global Solar Panel Production(%)~10%
GDP Growth Rate (2026)(%)2.0-2.5%
Defence Expenditure (2024)(billion USD)€925.8 billion
Expected GDP Growth Rate 2026(%)2.0-2.5%
Global EV Production Market Share(percent)25-30% of global EVs
Solar Panel Production(% of global)8-10%
Unemployment Rate Projection(%)~4.0%
2026 GDP Growth Target(percent)2.0-2.5%
Health Expenditure (Government)(million USD)$4,175,432 million (2024)
Defense Expenditure(Million Euros)€925,796.8 million
Per Capita GDP 2026(USD)$89,000
Total Government Expenditure 2024(USD Billion)$10,266.8
Defense Expenditure 2024(USD Billion)$925.8
Battery Production (LFP)(Percent (%))~6% of global
Government Defense Expenditure (2024)(billion €)€925.8 billion
GDP Growth Rate (2026 Target)(%)2.0-2.5%
LFP Battery Production Share(%)6%
Tariff Impact Risk to GDP(percentage points)Minimal
AI Adoption Growth Contribution(percentage points)0.4-0.6%
Lithium Iron Phosphate Battery Production(%)~15%
Per Capita GDP (Nominal)(USD)$89,000+
Global Solar Panel Production Share(%)9%
Potential Tariff Impact on GDP Growth(percentage points)0.2-0.4pp
AI Adoption Boost to Growth(Percentage Points)0.3-0.5% (from AI investment)
Real GDP Growth Rate 2026(%)2.2%
Lithium Iron Phosphate Battery Production Share(%)4%
EV Production (Global Share)(%)15%
Solar Panel Production (Global Share)(%)12%
Potential Tariff Impact (2026-2027)(billion USD annual reduction)$50-150B
PPP-Adjusted GDP 2026(trillion USD)$31.5 trillion
Projected Annual GDP Growth Rate(percent)2.1%
Global Economic Ranking 2026(rank)1st
Government Debt-to-GDP Ratio(%)123%
Population(billion)0.34 billion1.42 billion
Annual R&D Investment(USD billion)$809 billion
Unemployment Rate Forecast 2026(percent)~4.0%
Average EV Cost (Entry Model)(USD (converted))$35,000-45,000
GDP Per Capita (Nominal)(USD)$94,430
GDP Per Capita 2026(USD)$94,430
GDP Gap vs Competitor(USD Trillions)$11.1 trillion ahead
Global Economic Ranking(Rank)1st
GDP as Percentage of Global Economy(Percent)~25-26% of global GDP
Global Economic Rank 2026(rank)1st
Projected Global Rank 2031(rank)1st (maintained)
Expected Consumption Growth 2026(%)~1.8%
Share of Global GDP 2026(percent)26.2%
Total Nominal GDP (2026)(USD Trillion)$28.0 trillion
GDP Per Capita (Nominal, 2026)(USD)$85,000
Gross Domestic Product (GDP)(USD trillion)$31 trillion
Government Expenditure(USD Million)€10,217,935.3 million
Education Expenditure Per Capita(USD)$3,981
Fragile States Index(score)44.5
GDP Growth Rate (YoY)(Percentage)~2.8%
Exchange Rate vs Euro(EUR conversion)1 EUR = 1.1797 USD
GDP Growth Rate 2026(%)2.0-2.4%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))2.0%
GDP per Capita (estimated 2026)(USD)$96,500+
GDP Advantage Over Rival(USD Trillion)$11.53 trillion lead
Total Annual GDP(USD trillions)$27.23 trillion
Government Debt as % of GDP(percent)122.27%
Government Expenditure as % of GDP(percent)37.74%
Defence Expenditure(USD billions)$925.8 billion
Projected Economic Growth 2026(percent)3.5%
GDP Per Capita (2024)(USD)$76,398
Population (2024)(Millions)337 million
Annual Real GDP Growth Rate (2024)(Percent)2.8%
Manufacturing Sector Contribution(Percent of GDP)11.8%
Share of Global GDP(Percent (%))26.3%
Median Population Age(Years)38.5 years
Gross Domestic Product (2024)(USD Trillions)$27.4 trillion
Nominal GDP (2025)(USD trillion)$27.4 trillion
Unemployment Rate (2025)(percent)4.2%
Inflation Rate (2025)(%)2.9%
Annual Automotive Exports(USD billion)$156 billion
Global Fortune 500 Companies(count)167 companies
Exports as % of GDP(percent)11.2%
Total GDP 2024(USD Trillion)$27.4 trillion
GDP per Capita 2024(USD)$82,000
Nominal GDP (2024)(USD trillions)$28.3 trillion
GDP Per Capita(USD)$82,460$2,760
Real GDP Growth Rate (2024)(%)2.5%
Total Merchandise Trade Volume(USD trillion)$2.4 trillion
Foreign Direct Investment Inflows(USD billion)$285 billion (2023)
Nominal Gross Domestic Product(USD trillion)$27.4 trillion
GDP per Capita(USD)$82,500
Unemployment Rate(%)4.1%
Government Debt-to-GDP Ratio(%)123%
Average Annual Wage(USD)$62,400
Inflation Rate(%)2.8%
Population(millions)339 million
Global Venture Capital Share(%)65%
GDP Growth Rate(%)2.5%
Per Capita GDP(USD)$85,400
Foreign Exchange Reserves(trillion USD)$0.13 trillion
Manufacturing Output Share(Percent of Global)16%
Total Debt-to-GDP Ratio(%)123%
Annual Exports(USD Trillions)$2.1 trillion
R&D Spending(% of GDP)3.5%
GDP Growth Rate (2025)(% annual)2.1%
Per Capita GDP (PPP)(USD)$76,398
E-commerce as % of Retail(percentage)16.3%
Government Debt-to-GDP(Percent)123%
Technology Sector Market Cap(USD trillions)$12.8 trillion
Total GDP (2024)(USD trillions)$27.4 trillion
Total Population(billions)340 million
Renewable Energy Share(%)21% of electricity
Nominal GDP(USD trillion)$27.4 trillion$3.7 trillion
Fortune 500 Companies(count)136 companies
Total Annual Exports(USD trillion)$2.1 trillion
National Debt(USD trillion)$33.2 trillion
Annual GDP Growth Rate(percent)2.5%6.8%
Manufacturing Sector Share(Percent of GDP (%))11.2%
Service Sector Share(% of GDP)80.1%
Foreign Direct Investment (Annual)(billion USD)$285 billion
Projected GDP in 2030(USD trillion)$31.2 trillion
Global Manufacturing Share(Percent)16%
Trade Surplus/Deficit(USD Billions)-$73 billion deficit
Manufacturing Output (Global Share)(Percent)12%
Unemployment Rate (2024)(percent)4.0%
Trade Balance (Annual)(USD Billions)-$773 billion (deficit)
Debt-to-GDP Ratio(%)123%
Total Merchandise Exports(USD Trillions)$2.3T
GDP Growth Rate 2023(Percent Annual)2.5%
Manufacturing Share of GDP(Percent)11.5%
Public Debt to GDP Ratio(percent)123%
Unemployment Rate 2024(Percent)4.1%
Defense Spending(USD billion)$820 billion
Annual Patent Filings(Thousands)625,000
GDP at Purchasing Power Parity(USD trillion)$27.4 trillion
Real GDP Growth Rate(% annually)2.4%
Global Export Share(% of global exports)8.2%
GDP by Purchasing Power Parity(USD Trillions)$27.4 trillion
Annual Trade Balance(USD Billions)-$773 billion
Foreign Direct Investment Annual Inflow(USD Billions)$285 billion
Annual Real GDP Growth Rate(%)2.5%
Trade Balance (2024)(USD Billions)-$773 billion deficit
Working-Age Population Growth Rate(% Annual Change)+0.4% (growing)
Total GDP (Nominal)(USD Trillion)$27.4 trillion
Manufacturing Output(trillion USD annually)$2.4 trillion
National Debt to GDP Ratio(%)130%
Average Annual Wage(USD)$60,500
Patent Filings (Annual)(millions)0.38 million
Annual R&D Spending(USD Billion)$809 billion
Manufacturing Share of Global Output(percent)17%
EV Market Penetration (Domestic)(%)9.8%
Stock Market Capitalization (2024)(USD trillions)$42.8 trillion
Global Manufacturing Output Share(percent)16%
Total Trade Volume (2024)(USD Trillions)$7.1 trillion
Nominal Gross Domestic Product(trillion USD)$27.4 trillion
Manufacturing as Percentage of GDP(percent)11.8%
Foreign Direct Investment Inflows (2024)(USD Billions)$269 billion
PPP-Adjusted GDP(USD trillion)$27.7 trillion$14.9 trillion
Labor Force Participation Rate(percentage)63.0%
Federal/National Debt as % of GDP(percentage)123%
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)$14.2 trillion
Average Annual GDP Growth Rate (2010-2023)(%)2.4%
Purchasing Power Parity GDP(USD trillion)$28.2 trillion
Global Economic Share(%)26% of world GDP
Foreign Direct Investment Inflow (2023)(USD Billion)$285 billion
GDP Growth Rate (2024)(%)2.5%
Gini Coefficient (Income Inequality)(0-1 scale)0.41
Healthcare Spending (% of GDP)(%)17.3%
Trade Balance(billion USD annually)-$773 billion deficit
Inflation Rate(%)3.4%
Median Age(years)38.9 years28.2 years
Public Debt as Percentage of GDP(%)123%
Patent Filings in Technology(Annual count)398,144
Foreign Direct Investment(USD billions annually)$285 billion
Working-Age Population(Millions)209 million
Nominal GDP (2026)(USD trillions)$28.7 trillion
Foreign Direct Investment (2025)(USD Billions)$285 billion
Tech Sector Market Cap(USD trillions)$12.4 trillion
Global Manufacturing Share (2024)(percent)16%
Patent Filings Annually (2023)(thousand filings)615,000
Inflation Rate (2024)(percent)2.9%
Foreign Currency Reserves(USD trillions)$0.13 trillion
GDP Per Capita (PPP)(USD)$76,398
Manufacturing as % of GDP(Percent)11.8%
Patent Filings (2024)(Thousands)415,000
Stock Market Capitalization(USD Trillion)$42 trillion
Average Annual Wage (Tech Sector)(USD)$120,000
Per Capita Income(USD)$76,500
Renewable Energy Capacity(GW)680 GW
Global Trade Volume Share(%)8.2%
Federal Debt-to-GDP Ratio(%)123%
Total GDP(USD Trillion)$27.4T
Annual Growth Rate(percent)2.7%
Manufacturing Sector(percent of GDP)12%
Technology Sector(percent of GDP)12%
World GDP Share(percent)32.4%
Healthcare Spending % of GDP(percent)16.9%
Renewable Energy Generation(percent)21.6%
Share of Global Manufacturing Output(%)16%
Total Trade Volume(trillion USD)$2.9 trillion
Nominal GDP 2026(trillion USD)$28.7 trillion
Unemployment Rate(Percent)4.1%
Services Sector Share of GDP(percent)80%55%
Global GDP Share(percent)25.4%3.4%

Sourced from publicly available data ·

Key Differences

7 attributes compared head-to-head

United States Economy
4United States Economy
United States Economy leads1 tie
IE
2Indian Economy
  • Nominal GDP (2024)

    United States Economy

    $27.4 trillion(winner)

    Indian Economy

    $3.7 trillion

  • PPP-Adjusted GDP (2024)

    United States Economy

    $27.7 trillion(winner)

    Indian Economy

    $14.9 trillion

  • Annual GDP Growth Rate (2024)

    United States Economy

    2.5%

    Indian Economy

    6.8%(winner)

  • GDP Per Capita (Nominal)

    United States Economy

    $82,460(winner)

    Indian Economy

    $2,760

  • Largest Economic Sectors

    United States Economy

    Services (80%), Finance, Tech, Healthcare

    Indian Economy

    Services (55%), Agriculture (18%), Manufacturing (27%)

  • Global GDP Share (2024)

    United States Economy

    25.4%(winner)

    Indian Economy

    3.4%

  • Projected 5-Year Average Growth

    United States Economy

    2.1%

    Indian Economy

    6.2%(winner)

Full Comparison

United States Economy
IIndian Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
Total GDP 2026(trillion USD)
30.0+
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
Total GDP 2024(USD Trillion)
$27.4 trillion
Nominal GDP (2024)(USD trillions)
$28.3 trillion
Show 8 more attributes
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
Total GDP (2024)(USD trillions)
$27.4 trillion
Nominal GDP(USD trillion)
$27.4 trillion
$3.7 trillion
GDP by Purchasing Power Parity(USD Trillions)
$27.4 trillion
Total GDP (Nominal)(USD Trillion)
$27.4 trillion
Nominal Gross Domestic Product(trillion USD)
$27.4 trillion
PPP-Adjusted GDP(USD trillion)
$27.7 trillion
$14.9 trillion
Nominal GDP (2026)(USD trillions)
$28.7 trillion
Global EV Production Share(%)
17%
Global Battery (LFP) Production(%)
~6%
Global Manufacturing Output(%)
~16%
Unemployment Rate 2026 (Projected)(%)
~3.8-4.0%
Unemployment Rate Projection(%)
~4.0%
Unemployment Rate Forecast 2026(percent)
~4.0%
Unemployment Rate (2025)(percent)
4.2%
Unemployment Rate 2024(Percent)
4.1%
Show 2 more attributes
Labor Force Participation Rate(percentage)
63.0%
Unemployment Rate(Percent)
4.1%
Advanced Semiconductor Market Leadership(Qualitative)
Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes
AI Chip Technology Leadership(competitive ranking)
Global leader in design and manufacturing
Semiconductor & Chip Design Leadership(Qualitative)
Global market leader
AI Adoption Growth Contribution(percentage points)
0.4-0.6%
Tech Sector Market Cap(USD trillions)
$12.4 trillion
Global EV Market Share(%)
20-25%
Tariff Impact on GDP (2026 risk)(percentage points reduction)
Moderate exposure
Projected GDP Growth Rate 2026(percent)
2.2%
GDP Growth Rate (YoY)(Percentage)
~2.8%
Annual Real GDP Growth Rate (2024)(Percent)
2.8%
GDP Growth Rate(%)
2.5%
Real GDP Growth Rate(% annually)
2.4%
Show 1 more attribute
GDP Growth Rate (2024)(%)
2.5%
Government Defense Expenditure(USD Billions)
$925.8 billion
Government Defense Expenditure 2024(billion USD)
$925.8 billion
Defence Expenditure (2024)(billion USD)
€925.8 billion
Total Government Expenditure 2024(USD Billion)
$10,266.8
Government Defense Expenditure (2024)(billion €)
€925.8 billion
Show 1 more attribute
Government Expenditure(USD Million)
€10,217,935.3 million
Government Health Expenditure(USD Million)
$4.18 trillion (2024)
Tariff Impact Risk on GDP(Percentage Points)
0.3-0.5%
Potential Tariff Impact on GDP(USD billion)
Minimal (exporter advantage)
Government Health Expenditure 2024(billion USD)
$4,175 billion
Education Expenditure Per Capita 2023(USD)
$4,481
Education Expenditure Per Capita(USD)
$3,981
EV Production Share(% of global)
~20%
Semiconductor Technology Tier(nanometers)
Leading edge (3nm and below)
Solar Panel Manufacturing(% of global)
6%
Tariff Impact Risk 2026(% GDP reduction)
Minimal negative impact
Global Solar Panel Production(%)
~10%
Solar Panel Production(% of global)
8-10%
Semiconductor Technology Leadership(index (0-100))
Leading in design and manufacturing
Global EV Production Market Share(percent)
25-30% of global EVs
GDP Growth Rate (2026)(%)
2.0-2.5%
Expected GDP Growth Rate 2026(%)
2.0-2.5%
GDP Growth Rate (2026 Target)(%)
2.0-2.5%
Annual GDP Growth Rate(percent)
2.5%
6.8%
Annual Real GDP Growth Rate(%)
2.5%
2026 GDP Growth Target(percent)
2.0-2.5%
GDP Growth Rate 2026(%)
2.0-2.4%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
2.0%
Real GDP Growth Rate (2024)(%)
2.5%
Health Expenditure (Government)(million USD)
$4,175,432 million (2024)
Healthcare Spending % of GDP(percent)
16.9%
Defense Expenditure(Million Euros)
€925,796.8 million
Defense Expenditure 2024(USD Billion)
$925.8
Defence Expenditure(USD billions)
$925.8 billion
Per Capita GDP 2026(USD)
$89,000
Per Capita GDP (Nominal)(USD)
$89,000+
GDP Per Capita (Nominal)(USD)
$94,430
Tariff Vulnerability Impact(USD Billions)
Lower exposure
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$50-150B
Battery Production (LFP)(Percent (%))
~6% of global
Lithium Iron Phosphate Battery Production(%)
~15%
LFP Battery Production Share(%)
6%
Tariff Impact Risk to GDP(percentage points)
Minimal
Global Solar Panel Production Share(%)
9%
Potential Tariff Impact on GDP Growth(percentage points)
0.2-0.4pp
AI Adoption Boost to Growth(Percentage Points)
0.3-0.5% (from AI investment)
Real GDP Growth Rate 2026(%)
2.2%
Lithium Iron Phosphate Battery Production Share(%)
4%
EV Production (Global Share)(%)
15%
Solar Panel Production (Global Share)(%)
12%
PPP-Adjusted GDP 2026(trillion USD)
$31.5 trillion
Projected Annual GDP Growth Rate(percent)
2.1%
Global Economic Ranking 2026(rank)
1st
Global Economic Ranking(Rank)
1st
Government Debt-to-GDP Ratio(%)
123%
Government Debt as % of GDP(percent)
122.27%
Government Debt-to-GDP Ratio(%)
123%
Total Debt-to-GDP Ratio(%)
123%
Government Debt-to-GDP(Percent)
123%
Show 7 more attributes
National Debt(USD trillion)
$33.2 trillion
Debt-to-GDP Ratio(%)
123%
Public Debt to GDP Ratio(percent)
123%
National Debt to GDP Ratio(%)
130%
Federal/National Debt as % of GDP(percentage)
123%
Public Debt as Percentage of GDP(%)
123%
Federal Debt-to-GDP Ratio(%)
123%
Population(billion)
0.34 billion
1.42 billion
Population (2024)(Millions)
337 million
Median Population Age(Years)
38.5 years
Population(millions)
339 million
Total Population(billions)
340 million
Show 2 more attributes
Median Age(years)
38.9 years
28.2 years
Working-Age Population(Millions)
209 million
Annual R&D Investment(USD billion)
$809 billion
Annual Patent Filings(Thousands)
625,000
Patent Filings (Annual)(millions)
0.38 million
Patent Filings in Technology(Annual count)
398,144
Patent Filings Annually (2023)(thousand filings)
615,000
Show 1 more attribute
Patent Filings (2024)(Thousands)
415,000
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
GDP Per Capita 2026(USD)
$94,430
GDP per Capita (estimated 2026)(USD)
$96,500+
GDP Per Capita (2024)(USD)
$76,398
GDP per Capita 2024(USD)
$82,000
GDP per Capita(USD)
$82,500
Show 3 more attributes
Per Capita GDP(USD)
$85,400
GDP Per Capita (PPP)(USD)
$76,398
Per Capita Income(USD)
$76,500
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion ahead
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
Data not available
Q1 2026 Industrial Output Growth(Percent Year-over-Year)
Data not available
GDP as Percentage of Global Economy(Percent)
~25-26% of global GDP
Q1 2026 Inflation Rate(Percent)
Data not available
Inflation Rate(%)
2.8%
Inflation Rate(%)
3.4%
Inflation Rate (2024)(percent)
2.9%
Global Economic Rank 2026(rank)
1st
World GDP Share(percent)
32.4%
Projected Global Rank 2031(rank)
1st (maintained)
Expected Consumption Growth 2026(%)
~1.8%
Share of Global GDP 2026(percent)
26.2%
Goldman Sachs Growth Forecast 2026(%)
Not specified
GDP Per Capita (Nominal, 2026)(USD)
$85,000
Gross Domestic Product (GDP)(USD trillion)
$31 trillion
Inflation Rate (2025)(%)
2.9%
Fragile States Index(score)
44.5
Exchange Rate vs Euro(EUR conversion)
1 EUR = 1.1797 USD
GDP Advantage Over Rival(USD Trillion)
$11.53 trillion lead
Total Annual GDP(USD trillions)
$27.23 trillion
Nominal GDP (2025)(USD trillion)
$27.4 trillion
Total GDP(USD Trillion)
$27.4T
Nominal GDP 2026(trillion USD)
$28.7 trillion
Government Expenditure as % of GDP(percent)
37.74%
Projected Economic Growth 2026(percent)
3.5%
Manufacturing Sector Contribution(Percent of GDP)
11.8%
Share of Global GDP(Percent (%))
26.3%
Global Economic Share(%)
26% of world GDP
Global GDP Share(percent)
25.4%
3.4%
Gross Domestic Product (2024)(USD Trillions)
$27.4 trillion
Annual Automotive Exports(USD billion)
$156 billion
Global Fortune 500 Companies(count)
167 companies
Exports as % of GDP(percent)
11.2%
GDP Per Capita(USD)
$82,460
$2,760
Total Merchandise Trade Volume(USD trillion)
$2.4 trillion
Annual Exports(USD Trillions)
$2.1 trillion
Total Annual Exports(USD trillion)
$2.1 trillion
Total Merchandise Exports(USD Trillions)
$2.3T
Global Export Share(% of global exports)
8.2%
Show 2 more attributes
Annual Trade Balance(USD Billions)
-$773 billion
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
Foreign Direct Investment Inflows(USD billion)
$285 billion (2023)
Unemployment Rate(%)
4.1%
Average Annual Wage(USD)
$62,400
Global Venture Capital Share(%)
65%
R&D Spending(% of GDP)
3.5%
Annual R&D Spending(USD Billion)
$809 billion
Foreign Exchange Reserves(trillion USD)
$0.13 trillion
Foreign Currency Reserves(USD trillions)
$0.13 trillion
Manufacturing Output Share(Percent of Global)
16%
Manufacturing Output (Global Share)(Percent)
12%
Global Manufacturing Share (2024)(percent)
16%
GDP Growth Rate (2025)(% annual)
2.1%
Per Capita GDP (PPP)(USD)
$76,398
E-commerce as % of Retail(percentage)
16.3%
Technology Sector Market Cap(USD trillions)
$12.8 trillion
Renewable Energy Share(%)
21% of electricity
Fortune 500 Companies(count)
136 companies
Manufacturing Sector Share(Percent of GDP (%))
11.2%
Service Sector Share(% of GDP)
80.1%
Manufacturing Share of GDP(Percent)
11.5%
Manufacturing as Percentage of GDP(percent)
11.8%
Manufacturing as % of GDP(Percent)
11.8%
Show 3 more attributes
Manufacturing Sector(percent of GDP)
12%
Technology Sector(percent of GDP)
12%
Services Sector Share of GDP(percent)
80%
55%
Foreign Direct Investment (Annual)(billion USD)
$285 billion
Projected GDP in 2030(USD trillion)
$31.2 trillion
Global Manufacturing Share(Percent)
16%
Manufacturing Output(trillion USD annually)
$2.4 trillion
Global Manufacturing Output Share(percent)
16%
Share of Global Manufacturing Output(%)
16%
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
Unemployment Rate (2024)(percent)
4.0%
Trade Balance (Annual)(USD Billions)
-$773 billion (deficit)
Global Trade Volume Share(%)
8.2%
GDP Growth Rate 2023(Percent Annual)
2.5%
Annual Growth Rate(percent)
2.7%
Defense Spending(USD billion)
$820 billion
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
Trade Balance (2024)(USD Billions)
-$773 billion deficit
Trade Balance(billion USD annually)
-$773 billion deficit
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
Average Annual Wage(USD)
$60,500
Manufacturing Share of Global Output(percent)
17%
EV Market Penetration (Domestic)(%)
9.8%
Stock Market Capitalization (2024)(USD trillions)
$42.8 trillion
Stock Market Capitalization(USD Trillion)
$42 trillion
Foreign Direct Investment Inflows (2024)(USD Billions)
$269 billion
Foreign Direct Investment (2025)(USD Billions)
$285 billion
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$14.2 trillion
Average Annual GDP Growth Rate (2010-2023)(%)
2.4%
Purchasing Power Parity GDP(USD trillion)
$28.2 trillion
Foreign Direct Investment Inflow (2023)(USD Billion)
$285 billion
Gini Coefficient (Income Inequality)(0-1 scale)
0.41
Healthcare Spending (% of GDP)(%)
17.3%
Foreign Direct Investment(USD billions annually)
$285 billion
Average Annual Wage (Tech Sector)(USD)
$120,000
Renewable Energy Capacity(GW)
680 GW
Renewable Energy Generation(percent)
21.6%
Total Trade Volume(trillion USD)
$2.9 trillion

Pros & Cons

10 pros·6 cons across both

United States Economy
IE
United States Economy

United States Economy

+5-3

Pros

  • Largest nominal GDP at $27.4 trillion (2024)
  • Highest GDP per capita at $82,460, indicating strong individual wealth
  • Dominant global financial center with NYSE and NASDAQ
  • Advanced technological and innovation ecosystem driving productivity
  • Stable institutional frameworks and transparent regulatory systems

Cons

  • Slowest growth rate at 2.5% annually among major economies
  • High income inequality with Gini coefficient of 0.41
  • Aging demographic profile limiting workforce expansion
IE

Indian Economy

+5-3

Pros

  • Fastest growth rate at 6.8% annually among G20 nations
  • Surpassed US in PPP-adjusted GDP, now world's third-largest by this measure
  • Massive population of 1.4 billion providing labor and consumer market
  • Rapidly expanding digital and IT services sector (global leader in software exports)
  • Young demographic profile with median age of 28, supporting sustained growth

Cons

  • Lowest GDP per capita at $2,760, indicating widespread poverty
  • Infrastructure gaps and inconsistent regulatory implementation
  • High dependency on agriculture (18% of GDP) creates weather vulnerability

Frequently Asked Questions

5 questions

  1. GDP per capita—economic output per person—is drastically different. US GDP per capita is $82,460 while India's is $2,760 (nearly 30x lower). This reflects differences in worker productivity, technology adoption, capital investment, and development level. India has low average wages despite having more people.

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