5 Largest Economies in the World in 2024

In this article, we will take a look at the 5 largest economies in the world in 2024. If you wish to see our detailed analysis, you can go to 25 Largest Economies in the World in 2024.

5. India

GDP: $3.73 Trillion

GDP Per Capita: $2,610

Ranked by GDP, India is the world’s fifth-largest economy. It has also been forecasted that it will become a developed nation by 2047. According to the IMF, India’s GDP was $3.73 trillion in 2023.

4. Japan

GDP: $4.23 Trillion

GDP Per Capita: $33,950

Japan ranks as one of the 25 largest economies in the world. According to the IMF, the country’s GDP was $4.23 trillion in 2023. Real GDP of Japan has been forecasted to grow by 0.9% in 2024.

3. Germany

GDP: $4.43 Trillion

GDP Per Capita: $52,820

According to the IMF, the GDP of Germany was $4.43 trillion in 2023 and the country had a GDP per capita of $52,820. The national economy is focused on exports and builds upon its efficient labor.

2. China

GDP: $17.7 Trillion

GDP Per Capita: $12,540

The second-largest economy in the world is China. According to the IMF, the country’s GDP was $17.7 trillion in 2023. Real GDP of China has been forecasted to grow by 4.6% in 2024.

1. United States

GDP: $26.95 Trillion

GDP Per Capita: $80,410

The United States has been capable of preserving its status as the leading global economy. According to the IMF, the GDP of the US was $26.95 trillion in 2023.

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