16:09 - 10.07.2023

---

July 10, Fineko/abc.az. India's GDP will reach $52.5 trillion by 2075, as a result, the country will take 2nd place in this indicator.

ABC.AZ reports that American TV channel CNBC informed about this with reference to investment bank Goldman Sachs.

The TV channel says that by 2075, India, which is currently the fifth economy in the world, "will take second place after China, overtaking the United States, Japan and the eurozone economy". At that, China's fortune will amount to $57 trillion, India - $52.5 trillion, the U.S. - $51.5 trillion, the eurozone - $30.3 trillion, Japan - $7.5 trillion.

Goldman Sachs analysts also believe that development of the Indian economy will largely occur due to the active growth of the population and labor force.