GDP projection by IMF & Goldman Sachs: India to overtake USA
IMF and Goldman Sachs have made predictions for the top 10 economies by 2075. Interestingly, India is all set to overtake the largest economic country India by 2075. Currently, there is no comparison between India and the USA but by 2075, India will become the second largest country economically overtaking the USA and just behind China, according to IMF and Goldman Sachs. The list also includes Indonesia, Nigeria, Brazil, Germany, the UK, Japan, and Russia.
According to them, India’s GDP stands at 3.94 trillion dollars this year and it might touch 5.5 trillion dollars in the next four years. According to the projection, in the next 50 years, India’s GDP could be multifold to 52.5 trillion dollars overtaking the USA’s projection of 51.5 trillion dollars by 2075.
Here are the other countries’ GDP projections by IMF and Goldman Sachs.
China GDP:
2024: $18.53 trillion
2028: $27.4 trillion
2075: $57 trillion
India GDP:
2024: $3.94 trillion
2028: $5.5 trillion
2075: $52.5 trillion
US GDP:
2024: $28.78 trillion
2028: $32.3 trillion
2075: $51.5 trillion
Indonesia GDP:
2024: $1.48 trillion
2028: $2 trillion
2075: $13.7 trillion
Nigeria GDP:
2024: $0.25 trillion
2028: $0.9 trillion
2075: $13.1 trillion
Brazil GDP:
2024: $2.33 trillion
2028: $2.7 trillion
2075: $8.7 trillion
Germany GDP:
2024: $4.53 trillion
2028: $5 trillion
2075: $8.1 trillion
UK GDP:
2024: $3.50 trillion
2028: $4.2 trillion
2075: $7.6 trillion
Japan GDP:
2024: $4.11 trillion
2028: $5.3 trillion
2075: $7.5 trillion
Russia GDP:
2024: $2.06 trillion
2028: $2.2 trillion
2075: $6.9 trillion
France GDP:
2024: $3.13 trillion
2028: $3.3 trillion
2075: $6.5 trillion
Saudi Arabia GDP:
2024: $1.11 trillion
2028: $1.2 trillion
2075: $6.1 trillion
Canada GDP:
2024: $2.24 trillion
2028: $2.6 trillion
2075: $5.2 trillion