India surpasses the ranking of global power in the UK, France and Russia, only behind…; view the list here
Ray Dalio’s Big Power Index 2024 ranked the U.S. at its highest, highlighting China’s rise and India’s rapid economic growth, which surpassed Japan in the Asian power index.
India leads the power rankings in the UK, France and Russia. China remains dominant
Ray Dalio’s Big Power Index 2024: India’s influence in global and regional rankings rises
In a major update to global dynamic dynamics, well-known investor Ray Dalio released the 2024 Big Power Index, ranking the world’s most influential countries. The index is evaluated based on key factors such as economic strength, military strength, trade and per capita influence. The results show that global power has changed, and emerging countries such as China and India have challenged traditional Western dominance.
The United States retains its highest position in the rise, China and India
The United States continues to have the most powerful power in the world, with a total advantage score of 0.89, maintaining the leading edge of other countries. However, the report highlights China’s rapid growth, which ranks second with a total strength of 0.80 and India’s steady growth in global influence.
According to the 2024 Big Power Index, the traditional structure of power in the world is developing. China’s growing economic and military expansion, as well as India’s growing global position, demonstrates the development towards a multipolar world order. Other developing countries are also strengthening their positions to make the global landscape more competitive.
Ranking of the top 10 world powers (2024)
rank nation Total intensity Per capita strength
1 USA 0.89 0.71
2 China 0.80 0.30
3 Eurozone 0.56 0.43
4 Germany 0.38 0.54
5 Japan 0.33 0.40
6 South Korea 0.32 0.54
7 India 0.30 0.07
8 U.K. 0.29 0.46
9 France 0.27 0.45
10 Russia 0.26 0.28
India’s economic growth and future potential
One of the most important gains from the report is the rapid economic expansion of India. The country is expected to achieve its fastest real GDP growth in the next decade, positioning itself as a major player in the global economy.
India surpasses Japan in Asia’s electricity index 2024
In addition to its growing global reach, India has also achieved milestones in regional power rankings. According to an official statement from the Ministry of Information and Broadcasting, India has surpassed Japan to become the third largest power in the Asia Power Index. This achievement reflects strong economic growth in India in the Asia-Pacific region, increasing young population and geopolitical influence.
“In a major shift, India surpassed Japan to become the third largest power in the Asian Power Index, reflecting its growing geopolitical status,” the ministry said.
What is the Asian Power Index?
The Asia Power Index, launched by Lowy Institute in 2018, is an annual assessment of electricity dynamics in the Asia-Pacific region. It evaluates 27 countries based on its ability to shape and respond to regional development.
The 2024 Asian Power Index highlights the steady growth of India’s influence, which strengthens its position as a key regional power. As India continues to expand its economic and strategic impact, it is expected to play a crucial role in shaping the future of the Asia-Pacific region.
