List of Top 10 Largest Economies In The World 2029-30: India To Be Third Largest Economy! Check Where The US, China, Japan & Germany Will Rank?

Top 10 Largest Economies In The World 2029-30: Did you know that India will become the third largest economy in the world by the end of this decade? Did you know that even by 2029, the US GDP will still be 5.5 times higher than India? India is the fastest growing large economy in the world and will move from fourth to third place in the coming years.

So, what will the world economic order look like by the end of the decade? What will be the top 10 largest economies in the world in 2029? Let us tell you this list based on the data of the latest World Economic Outlook of the International Monetary Fund (IMF) in October 2024.

1. United States of America (USA)
   The United States will remain the world’s largest economy in 2029 as well. According to IMF estimates, the nominal GDP of the US in 2029 is likely to be around $35,458 billion. This figure will be about 5.5 times more than the GDP of the US in 2024.
2. China
   China will remain the world’s second-largest economy in 2029. According to the IMF, China’s nominal GDP is estimated to be $24,590 billion in 2029. Currently, China’s GDP is likely to be around $18,273 billion in 2024.
3. India
   India will become the world’s third-largest economy by 2029-30 (FY30), according to IMF estimates. India may reach the third position by 2028. India’s nominal GDP is expected to be around $6,307 billion in 2029, while the figure is estimated to be around $3,889 billion in 2024.
4. Germany
   Germany, which is currently the world’s third-largest economy, will fall to the fourth position by 2029. According to the latest data from the IMF, Germany’s GDP will be around $5,566 billion in 2029.
5. Japan
   Japan will be the fifth largest economy in the world in 2029, after India overtook it a few years ago. According to the IMF, Japan’s GDP is estimated to be around $5,075 billion in 2029.
6. United Kingdom
   The United Kingdom will remain the sixth largest economy in the world in 2029, and it is also in sixth place in 2024. According to the IMF, Britain’s GDP will be around $4,372 billion in 2029.
7. France
   France, which is currently the seventh largest economy in the world, will retain this position till 2029. According to IMF estimates, France’s GDP will be $3,726 billion in 2029.
8. Brazil
   Brazil, which is currently the ninth largest economy in the world, will move to the eighth position in 2029. Brazil’s GDP is projected to be $2,855 billion in 2029, and it will overtake Italy.
9. Canada
   Canada, which will be the ninth largest economy in the world in 2029, will move from tenth place to ninth, overtaking Italy. Canada’s GDP is likely to be $2,794 billion in 2029.
10. Italy
    Italy, which is currently the eighth largest economy in the world, will fall to tenth place by 2029. According to the IMF, Italy’s GDP will be $2,736 billion in 2029.
11. Russia
    Russia, which will remain the eleventh largest economy in the world in 2029, is likely to have a GDP of around $2,413 billion in 2029.

Conclusion

As you can see, changes are clearly on the cards in the list of Top 10 Largest Economies In The World 2029-30. India is rapidly accelerating its growth, and is on its way to become the world’s third largest economy in the next few years.

The US, China, India, and other major economies will be re-ranked by 2029. This list will shape the future global economic landscape.