Top 10 Largest Economies In the World: India Grows over 90% In Just 10 Years! How Much Have the US, China Grown? Check List

Top 10 Largest Economies In The World: Did you know that India, which is the world’s 5th largest economy, has leapt from the 11th to the 5th spot in just a decade? In fact, India’s economy has grown over 90% in the last 10 years from 2013 to 2023 as per IMF’s World’ Economic Outlook data. This is the highest growth by any major economy in the world in the last ten years! How much have the United States and China grown? We take a look at the growth in nominal GDP size of the top 10 largest economies in the world over the last 10 years: (AI image)

Top 10 Largest Economies: The United States of America is the world’s largest economy with a nominal GDP of $27,358 billion in 2023. Its GDP in 2013 stood at $16,881 billion. The US economy has shown a growth of 62.06% in the last 10 years. (AI image)

China ranks second in the list of the top 10 largest economies in the world in nominal GDP terms. The Chinese economy has grown 83.50% in the last ten years – from $9,625 billion in 2013 to $17,662 billion in 2023 as per IMF data. (AI image)

Germany is the 3rd largest economy in the world at present with a nominal GDP of $4,457 billion in 2023. According to IMF data, Germany’s economy had a GDP of $3,734 billion in 2013. It has exhibited a growth of 19.38% in the last 10 years. (AI image)

Japan ranks 4th on the list of the world’s top 10 largest economies as of now. However back in 2013 it was the world’s 3rd largest economy, ahead of Germany. Japan’s nominal GDP in 2013 was $5,212 billion, and it came down to $4,213 billion in 2023, according to IMF data. Japan’s economy has de-grown 19.18% in the last 10 years. (AI image)

India is the world’s 5th largest economy and is all set to become the third largest economy in the coming years, surpassing Japan and Germany. As per IMF’s data, India’s nominal GDP was $1,857 billion in 2013 (FY14) and it has grown leaps to $3,572 billion in 2023 (FY24). The Indian economy has grown 92.38% in the last 10 years – the highest growth shown by a major economy in the last 10 years. (AI image)

The United Kingdom, the world’s sixth largest economy right now, has grown 20.02% in the last 10 years from 2013 to 2023. According to IMF data, the UK’s nominal GDP in 2013 was $2,787 billion. It has grown to $3,345 billion in 2023. (AI image)

In the world’s top 10 largest economies list, France ranks 7th as per the latest IMF data. The nominal GDP of France has grown from $2,812 billion in 2013 to $3,032 billion 2023, exhibiting a growth of 7.81% in the last 10 years. (AI image)

Italy’s economy has shown a modest growth in the last 10 years. Italy is currently the world’s 8th largest economy, according to the IMF. In 2013, Italy’s nominal GDP was $2,142 billion. It has grown to $2,256 billion by 2023, showing a growth of 5.3% in 10 years. (AI image)

Brazil, which is the 9th largest economy in the world as per IMF’s 2023 data, ranked in the 7th position in 2013. Brazil’s nominal GDP stood at $2,472 billion in 2013 and it has come down to $2,174 billion, as per IMF data. Brazil’s economy has de-grown 12.05% in the last 10 years. (AI image)

Canada ranks 10th on the list of the world’s top 10 largest economies. Canada’s nominal GDP has grown from $1,847 billion in 2013 to $2,140 billion in 2023, according to IMF data. Canada’s economy has seen a growth of 15.89% in the last 10 years. (AI image)