By Florian Zandt – Statista
The growth of most highly developed economies has tapered off since the turn of the century due to an already high level of economic performance. Yet, two countries that are now among the nations with the highest gross domestic product worldwide have continued their ascendancy through the ranks: India and China. While the former is still projected to show significant real GDP growth over the next few years, the latter’s economic upturn is estimated to slow considerably, according to the most recent IMF World Economic Outlook from October 2023.