According to World Bank and IMF data, India will become the world's third largest economy after China and the United States
Geneva ( latest. 04 August 2020) China can surpass the United States as the world's largest economy by 2024. According to World Bank and IMF data, India will become the world's third largest economy after China and the United States. According to the details, China is predicted to become the world's largest economy by 2024. According to a report by the World Economic Forum, China could emerge as the world's largest economy by 2024, surpassing the United States on the world stage. The report, citing the IMF and the World Bank, predicts that India and Indonesia, which are not yet among the world's major economies, could surprisingly rank third and fifth, respectively. According to the report, Asian countries will dominate the global economy in terms of GDP by 2024. The report of the World Economic Forum predicts that by 2024, the world's 10 largest economies, China will be in the first place, while the United States will be in the second place after a decline. The report predicts that India could emerge as the third largest economy. Japan will be ranked fourth. Regarding Indonesia, it is also predicted that this Islamic country may also come in fifth place. According to the report, Russia, Germany, Brazil, Britain and France will be ranked sixth, seventh, eighth, ninth and tenth respectively.