India leads the United States in terms of GDP by 2030

The top 10 economies in Asia, including India, are expected to grow robustly and reach more than $ 28 trillion in real GDP globally, more than the United States of America. 39, here 2030, according to a DBS report. , the economies of Asia-10 are China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. By 2030, the economies of Asia-10 will grow so robust that they will rise, in total, to more than $ 28.35 trillion in real GDP terms (constant 2010 dollars), while the United States will reach $ 22.33 trillion. expect Asia-10 to outstrip the United States by 2030, "added DBS, adding that this is neither a sufficient nor necessary condition to invest in Asia because Investment can not be based on a single indicator long-term horizon According to major global financial services, Asia has a bright economic future, however, all Asian economies face common problems – climate change growing inequality, deteriorating environment for trade and technological disruptions that can drive up growth figures The dynamics that have supported the economic development of Asian economies in recent decades are weakening, and There are many changes in the international environment, "said DBS

. may not be as valid now. A young population creates a "challenge" in terms of job creation, in the absence of which there will be high levels of unemployment, thus creating an economic and social / political challenge, the report notes.