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On top it may seem India is winning, math tells otherwise: Arin V
short by / on Thursday, 7 March, 2024
In 2024, the USA's GDP hit $28T, with India trailing at $3.7T. India grows at 8%, USA at 6%. Despite India's seemingly higher growth rate, the US adds $1.68T annually, while India adds $296B. The US outpaces India in absolute GDP growth by 5.5 times, highlighting the significance of scale in economic comparison.
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