- S&P world Market Intelligence just published a report on the world economy.
- According to this report, India would become Asia’s second-largest economy by 2030.
- In 2030, India’s economy will be worth 7.3 trillion dollars.
- With $7.3 trillion, India will surpass Japan.
- Aside from that, India will become the world’s fifth largest economy by 2030.
- With a GDP of $25.5 trillion, the United States is still the world’s largest economy.
- China is in second place, with a GDP of almost $18 trillion.
- Japan ranks third with a GDP of $4.2 trillion, and Germany ranks fourth with a GDP of $4 trillion.
- With a $3.5 trillion economy, India ranks sixth.