India vs China Economy 2026

China's economy is approximately 1.3x larger than India's in nominal GDP ($17.9 trillion vs $13.6 trillion in 2024), but India is growing faster at 6.2% annually compared to China's 5.0%, positioning India to potentially surpass China within 15-20 years. China dominates in manufacturing and exports, while India leads in services and has a younger demographic advantage.