Global Economic Power Shift: India and China Outpace US in GDP Contribution, Elon Musk Observes

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India, China Lead Global GDP Growth, Surpassing US: Elon Musk Highlights Power Shift

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CNBC Awaaz•24-02-2026, 07:16

India, China Lead Global GDP Growth, Surpassing US: Elon Musk Highlights Power Shift

•Elon Musk highlighted a major shift in global economic power, noting India and China's dominant contribution to global GDP.
•According to the IMF, China (26.6%) and India (17%) will contribute the most to global GDP by 2026, totaling 43.6%.
•The US ranks third with a 9.9% contribution, followed by developing nations like Indonesia, Turkey, and Nigeria.
•This trend signifies a shift in global economic influence from the West towards Asia and the Global South.
•IMF projects global growth at 3.3% in 2026, with warnings about political tensions and debt impacting growth.

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