Indian Economy: A big good news has come for India before Budget 2026. The International Monetary Fund (IMF) has estimated in its latest data that India’s contribution to global economic growth in 2026 will be the second largest. China is at number one.
IMF said that in 2026, the share of India and China alone in global growth will be 43.6 percent. Just last year, India overtook Japan to become the world’s fourth largest economy in terms of nominal GDP.
Elon Musk said this
Although America is still the world’s largest economy in terms of total size, now India is on the verge of competing with it. With the latest growth rate (6.2 to 7.3 percent depending on the sector), it is now contributing more to the total global growth than any other country except China. In this regard, the world’s richest man Elon Musk believes that the global economy is entering a new phase. He has written in his official account on X, “The balance of power is changing.” This list puts India ahead of the United States in terms of contribution to global economic growth for 2026.
🌍 Top 10 contributors to global real GDP growth (2026)
1.🇨🇳 China — 26.6%
2.🇮🇳 India — 17.0%
3.🇺🇸 United States — 9.9%
4.🇮🇩 Indonesia — 3.8%
5.🇹🇷 Turkey — 2.2%
6.🇳🇬 Nigeria — 1.5%
7.🇧🇷 Brazil — 1.5%
8.🇻🇳 Vietnam — 1.6%
9.🇸🇦 Saudi Arabia — 1.7%
10.🇩🇪 Germany — 0.9%…— World of Statistics (@stats_feed) January 31, 2026
America at number three
IMF data shows that China and India together will contribute about 44 percent to global real GDP growth. This clearly shows that the pace of economic growth is now moving towards the East instead of the West. At the top of the list is China, which is expected to contribute 26.6 percent to the global real GDP growth in 2026. India is right behind it with a share of 17 percent. United States is at number three. Its estimated contribution is 9.9 percent, which is less than a quarter of the total contribution of China and India.
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