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India Scores 71, US Just 36: What the Global Economic Rankings Reveal
Sentiment: NeutralHigh Priority
What Happened?
India is projected to be the most resilient economy among the world's ten largest economies from 2026 to 2030, scoring 71 out of 100. The US ranked last with a score of 36.
Key points
- India scored 71 out of 100 on the Comparative Macroeconomic Resilience Score.
- China ranked second with a score of 66, followed by Japan and Russia at 60 each.
- India's economy is projected to grow at an average real GDP growth rate of 6.9% during 2026-30.
- India ranks first in real GDP per capita growth and second in gross national savings.
- The report projects India's general government debt to decline from 84.8% of GDP during 2021-25 to around 79.9% during 2026-30.
- India's fiscal deficit is projected to narrow from 8.5% of GDP during 2021-25 to 7.1% during 2026-30.
Key insights
- India's strong growth outlook may attract foreign investments, particularly in manufacturing and digital services.
- A declining debt-to-GDP ratio could enhance fiscal sustainability, allowing for better economic management.
- The projected narrowing of the fiscal deficit indicates potential improvements in public finances.
Why it matters
India's economic resilience could influence global investment trends and domestic growth opportunities.
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Source
Business Standard
