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economy

US vs India GDP 2025: Economy Size & Growth Comparison

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 Economy

United States Economy

World's largest economy with $27.4 trillion GDP and advanced service/tech sectors.

Investors seeking stable, mature markets; companies targeting high-income consumers; understanding global economic leadership and capital markets.

Score63%
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India Economy

India Economy

World's 5th largest economy growing at 6.8% annually with 1.4 billion population.

Investors targeting high-growth emerging markets; companies seeking manufacturing alternatives or IT talent; analysis of future economic power shifts.

Score63%
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Quick Answer

AI Summary

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.

Our Verdict

AI-assisted

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.

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United States Economy
8.1/10
India Economy
6.9/10
United States Economy

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Investors seeking stable, mature markets; companies targeting high-income consumers; understanding global economic leadership and capital markets.

India Economy

Choose India Economy if

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Key Differences at a Glance

  • Total GDP (2024):✓ United States Economy wins($27.4 trillion vs $3.7 trillion)
  • GDP Per Capita (2024):✓ United States Economy wins($82,500 vs $2,750)
  • Annual GDP Growth Rate (2024):✓ India Economy wins(6.8% vs 2.5%)
See all 7 differences

Key Facts & Figures

288 numeric metrics compared

MetricUnited States EconomyIndia 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(USD Trillions)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(%)25-30% of global EVs——
Solar Panel Production(% of global)8-10%——
Unemployment Rate Projection(%)~4.0%——
Annual Infrastructure Investment(USD billion)$310 billion——
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(Percent)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(USD trillion)$31.5 trillion——
Projected Annual GDP Growth Rate(percent)2.1%——
Global Economic Ranking 2026(rank)1st——
Government Debt-to-GDP Ratio(percent)123% (combined public+private+household)——
Population(millions)0.34 billion1.42 billion
Annual R&D Investment(billions USD)$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)1st6th
Projected Global Rank 2031(rank)1st (maintained)3rd
Expected Consumption Growth 2026(%)~1.8%7.7%
Share of Global GDP 2026(percent)26.2%3.4%
Goldman Sachs Growth Forecast 2026(%)Not specified6.9%—
Total Nominal GDP (2026)(USD Trillion)$28.0 trillion——
GDP Per Capita (Nominal, 2026)(USD)$85,000——
Gross Domestic Product (GDP)(USD Trillion)$27.4 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%——
Population (2024)(millions)336 million——
Annual Real GDP Growth Rate (2024)(Percent)2.8%——
Manufacturing Sector Contribution(% of GDP)11.8%18%
Share of Global GDP(% of world economy)25.5%——
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)(%)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%——
Nominal GDP (2024)(USD Trillions)$27.4T——
Real GDP Growth Rate (2024)(Percent Annual)2.1%——
GDP Per Capita (2024)(USD)$82,000——
Foreign Exchange Reserves(USD Trillions)$0.13T——
Unemployment Rate (2024)(Percent)4.1%——
Global Manufacturing Share(Percent of Global)12%——
Tech Sector Market Capitalization(USD Trillions)$15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)——
Median Population Age(Years)38.9 years——
Total Exports(USD trillions)$2.1 trillion——
Total GDP 2024(USD Trillion)$27.4 trillion——
GDP Per Capita 2024(USD)$82,000$2,813
GDP per Capita(USD)$82,500$2,750
Real GDP Growth Rate (2024)(percent annual)2.8%——
Total Merchandise Trade Volume(USD trillion)$2.4 trillion——
Foreign Direct Investment Inflows(USD billions)$285 billion (2023)$85.1 billion
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(% annually)2.5%6.2%
Per Capita GDP(USD)$87,000$1,030
Foreign Exchange Reserves(USD Billion)$0.13 trillion——
Total Debt to GDP Ratio(% of GDP)129%——
Annual Exports(trillion USD)$2.1 trillion——
R&D Spending(% of GDP)3.5%——
GDP Growth Rate (2025)(% annual)2.1%——
Per Capita GDP (PPP)(USD)$80,412——
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(Millions)340 million——
Renewable Energy Share(%)21% of electricity——
Nominal GDP(USD trillion)$27.4 trillion$3.9 trillion
Fortune 500 Companies(count)135 companies——
Total Annual Exports(USD trillion)$2.1 trillion——
National Debt(Percent of GDP)123%84%
Annual GDP Growth Rate(percent)2.5%6.2%
Manufacturing Sector Share(% of GDP)11%——
Service Sector Share(% of GDP)80.1%——
Foreign Direct Investment (Annual)(USD Billion)$346 billion$85 billion
Projected GDP in 2030(USD trillion)$31.2 trillion——
Global Manufacturing Share(%)16%2.5%
Trade Surplus/Deficit(USD Billions)-$73 billion deficit——
Manufacturing Output (Global Share)(Percent)12%——
Unemployment Rate (2024)(%)4.1%——
Trade Balance (Annual)(USD Billion)$-$73 billion——
Debt-to-GDP Ratio(percent)123%84%
Total Merchandise Exports(USD billion)$2.3T$430 billion
GDP Growth Rate 2023(Percent Annual)2.5%——
Manufacturing Share of GDP(Percent)11.5%——
Unemployment Rate 2024(Percent)4.1%——
Defense Spending(USD billion)$820 billion——
Annual Patent Filings(Count)615,000——
GDP at Purchasing Power Parity(USD trillion)$27.4 trillion——
Global Export Share(% of global exports)8.2%——
GDP by Purchasing Power Parity(trillion USD)$28.0 trillion——
Annual Trade Balance(USD billions)-$773 billion (deficit)——
Foreign Direct Investment Annual Inflow(USD Billions)$285 billion——
Annual Real GDP Growth Rate(%)2.5%——
Trade Balance (2024)(USD Billions)-$73.1 billion——
Working-Age Population Growth Rate(% Annual Change)+0.4% (growing)——
Total GDP (nominal)(USD trillion)$27.9 trillion——
Manufacturing Output(USD trillion)11%——
Average Annual Wage(USD)$68,420——
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 of world)16.5%——
Total Trade Volume (2024)(USD Trillions)$7.1 trillion——
Manufacturing as Percentage of GDP(Percent (%))11.8%——
Foreign Direct Investment Inflows (2024)(USD Billions)$285B——
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(trillion USD)$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(USD billions)-$773 billion——
Inflation Rate(%)2.4%4.8%
Public Debt as Percentage of GDP(%)123%——
Patent Filings in Technology(Annual count)398,144——
Foreign Direct Investment(billion USD)$329 billion$85 billion
Working Age Population(million people)170 million workers——
Nominal GDP (2026)(USD trillion)$28.7 trillion$13.6 trillion
Foreign Direct Investment (2025)(USD Billion)$285 billion$85 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)2.6%——
Foreign Currency Reserves(USD Trillion)$130 billion——
GDP Per Capita (PPP)(USD)$76,398——
Manufacturing as % of GDP(percentage)11.2%15%
Patent Filings (2024)(thousands filed)415,000——
Stock Market Capitalization(USD trillion)$45.2 trillion——
Average Annual Wage (Tech Sector)(USD)$120,000——
Per Capita Income(USD)$76,500$2,389
Renewable Energy Capacity(Gigawatts)680 GW——
Global Trade Volume Share(%)8.2%——
Federal Debt-to-GDP Ratio(%)123%——
Total GDP(USD Trillion)$27.4 trillion$3.7 trillion
Annual Growth Rate(Percent)2.5%6.8%
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 of total)21.6%——
Share of Global Manufacturing Output(Percent)16%——
Nominal GDP (2024)(USD trillions)$27.4 trillion——
Nominal GDP 2026(USD trillions)$28.7 trillion$4.15 trillion
Manufacturing Output Share(% of Global)16%——
Tech Sector Market Capitalization(USD trillion)$12.5 trillion——
Projected GDP 2030(USD trillion)$32 trillion——
Services Sector Share of GDP(%)80%——
Global GDP Share(%)26%——
Nominal Gross Domestic Product(USD trillions)$28.7 trillion——
PPP-Adjusted GDP(USD trillion)$27.9 trillion——
Global Trade Exports(USD Trillions)$2.1 trillion——
Share of Global GDP (2024)(Percent)31%——
Venture Capital Investment(USD billion)$189 billion——
Total Gross Domestic Product(USD Billions)$27.4 trillion——
Unemployment Rate(%)3.9%3.2%
R&D Spending (% of GDP)(percent)3.4%——
Services Sector Share(Percent of GDP)80%60%
Gini Coefficient (Inequality)(0-1 scale)41.1——
Gross Domestic Product(USD trillion)$28.7 trillion$12.0 trillion
National Debt as % of GDP(percent)123%——
Average Annual GDP Growth (2015-2024)(Percent)2.1%——
Gross Domestic Product(USD trillion)$27.4 trillion——
Annual GDP Growth Rate(%)2.5%——
Gini Coefficient (Income Inequality)(0-1 scale)0.41——
Statutory Minimum Wage(USD/hour)$7.25——
Labor Productivity(USD/hour)$68.40——
Manufacturing as % of GDP(%)11.8%——
Venture Capital Investment(USD billion)$119 billion——
Foreign direct investment inflow(billion USD)$285 billion$85 billion
Annual Merchandise Exports(Trillion USD)$2.1 trillion——
Annual GDP Growth Rate (2020-2026 Average)(percent)2.4%——
Fortune 500 Tech Companies(companies)195 companies——
Median Age(Years)38 years28 years
Tech Patent Filings (Annual)(Count)285,000——
EV Production Market Share(% of Global)18%——
Total Nominal GDP(USD trillions)$28.7 trillion——
Research & Development Spending(percent of GDP)3.5%——
Average Annual GDP Growth Rate(% per year)2.1%——
Household Savings Rate(percent of disposable income)3.4%——
Patent Filings(millions (2023))0.84 million——
Share of Global Trade(%)13.3%——
National Debt to GDP Ratio(%)123%——
R&D Investment(billion USD annually)$840 billion——
Global Trade Share(% of world trade)12.3%——
Public Debt to GDP Ratio(percent)123%84%
Tech Sector as % of GDP(%)8.2%5.1%
GDP Per Capita (2024)(USD)$81,045——
Annual GDP Growth Rate (2024)(Percent (%))2.8%——
Global GDP Share (2024)(Percent (%))26.4%——
National Debt as Percentage of GDP(%)123%——
Per Capita GDP (2024)(USD)$83,250——
Total Exports (2024)(USD trillions)$2.1 trillion——
Foreign Direct Investment Inflow (2024)(USD billion)$285 billion——
Real GDP growth rate(percent per year)2.1%6.2%
Total Trade Volume(USD Trillions)$7.2 trillion——
PPP GDP (Purchasing Power Parity)(USD Trillions)$28.2T——
Manufacturing Output as % of GDP(%)11.4%——
R&D Spending as % of GDP(%)3.45%——
Tech Sector Valuation(USD Trillions)$12.4 trillion——
Sovereign Debt to GDP(%)123%——
Nominal GDP 2025(USD trillions)$28.7 trillion——
GDP Purchasing Power Parity 2025(USD trillions)$28.7 trillion——
Annual GDP Growth Rate 2024(percent)2.5%——
Share of Global Manufacturing(%)16%——
Annual Exports 2024(USD trillions)$2.1 trillion——
Foreign Direct Investment Inflows 2024(USD billions)$285 billion——
Population 2025(billions)0.34 billion——
Corporate Income Tax Rate(percent)21%——
Manufacturing Output Growth(percent annual)1.8%——
Global Trade Export Share(% of global)8.1%——
Real GDP Growth Rate (2025)(% annual)6.8%6.8%
Foreign Direct Investment (2024)(USD billion)$85.2 billion$85.2 billion
IT Services & Software Exports(USD Billion)$245 billion$245 billion
Merchandise exports(billion USD)$430 billion$430 billion
Digital Payment Transaction Value(USD trillion)$2.5 trillion$2.5 trillion
Services Sector Contribution(% of GDP)54%54%
Gross Domestic Product (nominal)(trillion USD)$13.7 trillion$13.7 trillion
Consumer price inflation(percent per year)4.9%4.9%

Sourced from publicly available data ·

Key Differences

7 attributes compared head-to-head

United States Economy
5United States Economy
United States Economy leads1 tie
India Economy
1India Economy
  • Total GDP (2024)

    United States Economy

    $27.4 trillion(winner)

    India Economy

    $3.7 trillion

  • GDP Per Capita (2024)

    United States Economy

    $82,500(winner)

    India Economy

    $2,750

  • Annual GDP Growth Rate (2024)

    United States Economy

    2.5%

    India Economy

    6.8%(winner)

  • Projected GDP by 2030

    United States Economy

    $32.1 trillion(winner)

    India Economy

    $7.2 trillion

  • Largest Economic Sectors

    United States Economy

    Services (80%), Technology, Healthcare, Finance

    India Economy

    Services (60%), Manufacturing, Agriculture (18%), IT

  • Global Economic Rank

    United States Economy

    1st largest economy(winner)

    India Economy

    5th largest economy (behind US, China, Germany, Japan)

  • Foreign Direct Investment (2023)

    United States Economy

    $346 billion(winner)

    India Economy

    $85 billion

Full Comparison

United States Economy
India Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
—
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
—
Gross Domestic Product (2024)(USD trillions)
$27.4 trillion
—
Nominal GDP (2025)(USD trillion)
$27.4 trillion
—
Nominal GDP (2024)(USD Trillions)
$27.4T
—
Show 11 more attributes
Total GDP 2024(USD Trillion)
$27.4 trillion
—
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
—
Total GDP (2024)(USD trillions)
$27.4 trillion
—
Nominal GDP(USD trillion)
$27.4 trillion
$3.9 trillion
GDP by Purchasing Power Parity(trillion USD)
$28.0 trillion
—
Total GDP (nominal)(USD trillion)
$27.9 trillion
—
Nominal GDP (2026)(USD trillion)
$28.7 trillion
$13.6 trillion
Total GDP(USD Trillion)
$27.4 trillion
$3.7 trillion
PPP GDP (Purchasing Power Parity)(USD Trillions)
$28.2T
—
Nominal GDP 2025(USD trillions)
$28.7 trillion
—
GDP Purchasing Power Parity 2025(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)(%)
4.2%
—
Unemployment Rate (2024)(Percent)
4.1%
—
Show 6 more attributes
Unemployment Rate(%)
4.1%
—
Unemployment Rate (2024)(%)
4.1%
—
Unemployment Rate 2024(Percent)
4.1%
—
Labor Force Participation Rate(percentage)
63.0%
—
Unemployment Rate(%)
3.9%
3.2%
Statutory Minimum Wage(USD/hour)
$7.25
—
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%
—
Real GDP Growth Rate (2024)(percent annual)
2.8%
—
GDP Growth Rate (2024)(%)
2.5%
—
Show 2 more attributes
Average Annual GDP Growth (2015-2024)(Percent)
2.1%
—
Annual GDP Growth Rate(%)
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)
—
Total GDP 2026(USD Trillions)
30.0+
—
PPP-Adjusted GDP 2026(USD trillion)
$31.5 trillion
—
Total Annual GDP(USD trillions)
$27.23 trillion
—
Purchasing Power Parity GDP(trillion USD)
$28.2 trillion
—
Nominal GDP (2024)(USD trillions)
$27.4 trillion
—
Show 3 more attributes
Gross Domestic Product(USD trillion)
$27.4 trillion
—
Total Nominal GDP(USD trillions)
$28.7 trillion
—
Gross Domestic Product (nominal)(trillion USD)
$13.7 trillion
—
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
—
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%
—
Real GDP Growth Rate 2026(Percent)
2.2%
—
Annual GDP Growth Rate (2020-2026 Average)(percent)
2.4%
—
Show 2 more attributes
Annual GDP Growth Rate (2024)(Percent (%))
2.8%
—
Annual GDP Growth Rate 2024(percent)
2.5%
—
Global EV Production Market Share(%)
25-30% of global EVs
—
Annual Infrastructure Investment(USD billion)
$310 billion
—
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%
—
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+
—
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)
—
Lithium Iron Phosphate Battery Production Share(%)
4%
—
EV Production (Global Share)(%)
15%
—
Solar Panel Production (Global Share)(%)
12%
—
Projected Annual GDP Growth Rate(percent)
2.1%
—
Global Economic Ranking 2026(rank)
1st
—
Global Economic Ranking(Rank)
1st
—
Government Debt-to-GDP Ratio(percent)
123% (combined public+private+household)
—
Government Debt as % of GDP(percent)
122.27%
—
Government Debt-to-GDP Ratio(%)
123%
—
Total Debt to GDP Ratio(% of GDP)
129%
—
Government Debt-to-GDP(Percent)
123%
—
Show 10 more attributes
National Debt(Percent of GDP)
123%
84%
Debt-to-GDP Ratio(percent)
123%
84%
Federal/National Debt as % of GDP(percentage)
123%
—
Public Debt as Percentage of GDP(%)
123%
—
Federal Debt-to-GDP Ratio(%)
123%
—
National Debt as % of GDP(percent)
123%
—
National Debt to GDP Ratio(%)
123%
—
Public Debt to GDP Ratio(percent)
123%
84%
National Debt as Percentage of GDP(%)
123%
—
Sovereign Debt to GDP(%)
123%
—
Population(millions)
0.34 billion
1.42 billion
Population (2024)(millions)
336 million
—
Median Population Age(Years)
38.5 years
—
Median Population Age(Years)
38.9 years
—
Population(millions)
339 million
—
Show 2 more attributes
Total Population(Millions)
340 million
—
Median Age(Years)
38 years
28 years
Annual R&D Investment(billions USD)
$809 billion
—
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
—
Venture Capital Investment(USD billion)
$189 billion
—
Foreign direct investment inflow(billion USD)
$285 billion
$85 billion
Foreign Direct Investment Inflows 2024(USD billions)
$285 billion
—
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
—
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
—
GDP Per Capita (Nominal)(USD)
$94,430
—
GDP per Capita (estimated 2026)(USD)
$96,500+
—
GDP Per Capita (2024)(USD)
$82,000
—
Per Capita GDP (PPP)(USD)
$80,412
—
GDP Per Capita (PPP)(USD)
$76,398
—
Show 2 more attributes
Per Capita Income(USD)
$76,500
$2,389
Per Capita GDP (2024)(USD)
$83,250
—
GDP Per Capita 2026(USD)
$94,430
—
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion ahead
—
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
Data not available
—
Real GDP growth rate(percent per year)
2.1%
6.2%
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 (2025)(%)
2.9%
—
Inflation Rate(%)
2.8%
—
Inflation Rate(%)
2.4%
4.8%
Inflation Rate (2024)(Percent)
2.6%
—
Global Economic Rank 2026(rank)
1st
6th
World GDP Share(percent)
32.4%
—
Global GDP Share (2024)(Percent (%))
26.4%
—
Projected Global Rank 2031(rank)
1st (maintained)
3rd
Expected Consumption Growth 2026(%)
~1.8%
7.7%
Share of Global GDP 2026(percent)
26.2%
3.4%
Goldman Sachs Growth Forecast 2026(%)
Not specified
6.9%
GDP Per Capita (Nominal, 2026)(USD)
$85,000
—
Nominal Gross Domestic Product(USD trillions)
$28.7 trillion
—
Gross Domestic Product (GDP)(USD Trillion)
$27.4 trillion
—
GDP per Capita(USD)
$82,500
$2,750
Gross Domestic Product(USD trillion)
$28.7 trillion
$12.0 trillion
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
—
Government Expenditure as % of GDP(percent)
37.74%
—
Projected Economic Growth 2026(percent)
3.5%
—
Manufacturing Sector Contribution(% of GDP)
11.8%
18%
Manufacturing Sector Share(% of GDP)
11%
—
Service Sector Share(% of GDP)
80.1%
—
Manufacturing Share of GDP(Percent)
11.5%
—
Manufacturing as Percentage of GDP(Percent (%))
11.8%
—
Show 7 more attributes
Manufacturing as % of GDP(percentage)
11.2%
15%
Manufacturing Sector(percent of GDP)
12%
—
Technology Sector(percent of GDP)
12%
—
Services Sector Share(Percent of GDP)
80%
60%
Manufacturing as % of GDP(%)
11.8%
—
Manufacturing Output as % of GDP(%)
11.4%
—
Services Sector Contribution(% of GDP)
54%
—
Share of Global GDP(% of world economy)
25.5%
—
Global Economic Share(%)
26% of world GDP
—
Annual Automotive Exports(USD billion)
$156 billion
—
Global Fortune 500 Companies(count)
167 companies
—
Exports as % of GDP(percent)
11.2%
—
Real GDP Growth Rate (2024)(Percent Annual)
2.1%
—
Foreign Exchange Reserves(USD Trillions)
$0.13T
—
Global Manufacturing Share(Percent of Global)
12%
—
Global Manufacturing Output Share(percent of world)
16.5%
—
Share of Global Manufacturing Output(Percent)
16%
—
Share of Global Manufacturing(%)
16%
—
Tech Sector Market Capitalization(USD Trillions)
$15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)
—
Total Exports(USD trillions)
$2.1 trillion
—
Total Merchandise Trade Volume(USD trillion)
$2.4 trillion
—
Total Annual Exports(USD trillion)
$2.1 trillion
—
Trade Balance (Annual)(USD Billion)
$-$73 billion
—
Global Export Share(% of global exports)
8.2%
—
Show 7 more attributes
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
—
Global Trade Exports(USD Trillions)
$2.1 trillion
—
Annual Merchandise Exports(Trillion USD)
$2.1 trillion
—
Share of Global Trade(%)
13.3%
—
Total Exports (2024)(USD trillions)
$2.1 trillion
—
Annual Exports 2024(USD trillions)
$2.1 trillion
—
Merchandise exports(billion USD)
$430 billion
—
GDP Per Capita 2024(USD)
$82,000
$2,813
Per Capita GDP(USD)
$87,000
$1,030
Foreign Direct Investment Inflows(USD billions)
$285 billion (2023)
$85.1 billion
Foreign Direct Investment (Annual)(USD Billion)
$346 billion
$85 billion
GDP Per Capita(USD)
$82,500
—
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
—
GDP Growth Rate(% annually)
2.5%
6.2%
GDP Growth Rate 2023(Percent Annual)
2.5%
—
Annual Real GDP Growth Rate(%)
2.5%
—
Annual Growth Rate(Percent)
2.5%
6.8%
Average Annual GDP Growth Rate(% per year)
2.1%
—
Foreign Exchange Reserves(USD Billion)
$0.13 trillion
—
Annual Exports(trillion USD)
$2.1 trillion
—
Annual Trade Balance(USD billions)
-$773 billion (deficit)
—
Global Trade Share(% of world trade)
12.3%
—
GDP Growth Rate (2025)(% annual)
2.1%
—
E-commerce as % of Retail(percentage)
16.3%
—
Tech Sector Valuation(USD Trillions)
$12.4 trillion
—
Technology Sector Market Cap(USD trillions)
$12.8 trillion
—
Renewable Energy Share(%)
21% of electricity
—
Fortune 500 Companies(count)
135 companies
—
Annual GDP Growth Rate(percent)
2.5%
6.2%
Average Annual GDP Growth Rate (2010-2023)(%)
2.4%
—
Projected GDP in 2030(USD trillion)
$31.2 trillion
—
Projected GDP 2030(USD trillion)
$32 trillion
—
Global Manufacturing Share(%)
16%
2.5%
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
—
Manufacturing Output (Global Share)(Percent)
12%
—
Global Manufacturing Share (2024)(percent)
16%
—
Manufacturing Output Share(% of Global)
16%
—
Total Merchandise Exports(USD billion)
$2.3T
$430 billion
Defense Spending(USD billion)
$820 billion
—
Annual Patent Filings(Count)
615,000
—
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
—
Trade Balance (2024)(USD Billions)
-$73.1 billion
—
Trade Balance(USD billions)
-$773 billion
—
Global Trade Volume Share(%)
8.2%
—
Global Trade Export Share(% of global)
8.1%
—
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
—
Manufacturing Output(USD trillion)
11%
—
Average Annual Wage(USD)
$68,420
—
Patent Filings (Annual)(millions)
0.38 million
—
Patent Filings in Technology(Annual count)
398,144
—
Patent Filings Annually (2023)(thousand filings)
615,000
—
Patent Filings (2024)(thousands filed)
415,000
—
R&D Spending (% of GDP)(percent)
3.4%
—
Show 6 more attributes
Venture Capital Investment(USD billion)
$119 billion
—
Tech Patent Filings (Annual)(Count)
285,000
—
Research & Development Spending(percent of GDP)
3.5%
—
Patent Filings(millions (2023))
0.84 million
—
R&D Investment(billion USD annually)
$840 billion
—
R&D Spending as % of GDP(%)
3.45%
—
Manufacturing Share of Global Output(percent)
17%
—
EV Market Penetration (Domestic)(%)
9.8%
—
Stock Market Capitalization (2024)(USD trillions)
$42.8 trillion
—
Foreign Direct Investment Inflows (2024)(USD Billions)
$285B
—
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$14.2 trillion
—
Tech Sector Market Capitalization(USD trillion)
$12.5 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(billion USD)
$329 billion
$85 billion
Foreign Direct Investment (2025)(USD Billion)
$285 billion
$85 billion
Foreign Direct Investment (2024)(USD billion)
$85.2 billion
—
Working Age Population(million people)
170 million workers
—
Foreign Currency Reserves(USD Trillion)
$130 billion
—
Stock Market Capitalization(USD trillion)
$45.2 trillion
—
Average Annual Wage (Tech Sector)(USD)
$120,000
—
Renewable Energy Capacity(Gigawatts)
680 GW
—
Renewable Energy Generation(percent of total)
21.6%
—
Nominal GDP 2026(USD trillions)
$28.7 trillion
$4.15 trillion
Services Sector Share of GDP(%)
80%
—
Global GDP Share(%)
26%
—
PPP-Adjusted GDP(USD trillion)
$27.9 trillion
—
Share of Global GDP (2024)(Percent)
31%
—
Total Gross Domestic Product(USD Billions)
$27.4 trillion
—
Gini Coefficient (Inequality)(0-1 scale)
41.1
—
Gini Coefficient (Income Inequality)(0-1 scale)
0.41
—
Labor Productivity(USD/hour)
$68.40
—
Fortune 500 Tech Companies(companies)
195 companies
—
EV Production Market Share(% of Global)
18%
—
Household Savings Rate(percent of disposable income)
3.4%
—
Tech Sector as % of GDP(%)
8.2%
5.1%
GDP Per Capita (2024)(USD)
$81,045
—
Foreign Direct Investment Inflow (2024)(USD billion)
$285 billion
—
Total Trade Volume(USD Trillions)
$7.2 trillion
—
Population 2025(billions)
0.34 billion
—
Corporate Income Tax Rate(percent)
21%
—
Manufacturing Output Growth(percent annual)
1.8%
—
Real GDP Growth Rate (2025)(% annual)
6.8%
—
IT Services & Software Exports(USD Billion)
$245 billion
—
Digital Payment Transaction Value(USD trillion)
$2.5 trillion
—
Consumer price inflation(percent per year)
4.9%
—

Pros & Cons

10 pros·6 cons across both

United States Economy
India Economy
United States Economy

United States Economy

+5-3

Pros

  • Largest total GDP at $27.4 trillion with 30+ years of consistent growth
  • Highest GDP per capita at $82,500, reflecting strong individual purchasing power
  • Dominates global technology, finance, and pharmaceutical sectors
  • Largest stock market (NYSE) with $35 trillion market capitalization
  • Reserve currency status (US Dollar) provides economic leverage

Cons

  • Slowest growth rate among major economies at 2.5% annually
  • Aging population creating demographic headwinds for labor force expansion
  • High national debt at $33 trillion (123% of GDP)
India Economy

India Economy

+5-3

Pros

  • Fastest growth rate at 6.8% annually among major economies, doubling every 10 years
  • Youngest population globally (median age 28) providing massive labor force growth
  • $85 billion annual FDI and emerging as manufacturing alternative to China
  • World's largest IT services exporter ($228 billion industry in 2023)
  • Projected to become 3rd largest economy by 2030 with $7.2 trillion GDP

Cons

  • GDP per capita only $2,750, 30x lower than the US, reflecting uneven wealth distribution
  • Infrastructure gaps in rural areas (45% of population) limit productivity gains
  • Estimated $5.2 trillion in informal economy not captured in official statistics

Frequently Asked Questions

5 questions

  1. 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.

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