- By Deeksha Gour
- Sun, 01 Feb 2026 08:47 PM (IST)
- Source:JND
Elon Musk has reacted to the latest global growth projections released by the International Monetary Fund, which place India ahead of the United States in terms of contribution to global economic growth.
Sharing the IMF’s January 2026 projections on X, Musk posted a chart showing the world’s top growth contributors and commented that the “balance of power is changing”, signalling a shift in the global economic order.
India, China Drive Global Growth In 2026
According to the IMF data, China and India together are expected to account for nearly half of global real GDP growth in 2026. Their combined contribution stands at 43.6 per cent.
ALSO READ: No Money For Chabahar: India Drops Iranian Port Funding From Budget As US-Iran Sanctions Tighten
India alone is projected to contribute 17 per cent to global growth, underlining its increasing role in the world economy. China remains the largest contributor at 26.6 per cent. In comparison, the United States is expected to add just under 10 per cent.
The projections come at a time of market uncertainty, with global trade facing pressure due to tariff actions announced by US President Donald Trump against several countries.
Top Contributors To Global GDP Growth In 2026
Rank | Country | Share of Global Growth |
1 | China | 26.6 per cent |
2 | India | 17.0 per cent |
3 | United States | 9.9 per cent |
4 | Indonesia | 3.8 per cent |
5 | Türkiye | 2.2 per cent |
6 | Nigeria | 1.5 per cent |
7 | Brazil | 1.5 per cent |
8 | Vietnam | 1.6 per cent |
9 | Saudi Arabia | 1.7 per cent |
10 | Germany | 0.9 per cent |
What IMF Rankings Mean
The IMF tracks global economic performance by analysing data on production, consumption, investment and trade. GDP growth shows how quickly an economy is expanding compared to the previous year.
These rankings are published in the IMF’s World Economic Outlook and are closely followed by governments, investors and policy experts to understand changing global economic trends.