The most powerful countries in the world according to The Great Powers Index 2024, are evaluated using factors such as economic output, military strength, technological innovation, and reserve currency status.
The index provides insights into each nation’s current standing and prospects over the next decade.
Here are the 10 most powerful countries in the world
1. United States of America (USA)
The United States remains the most powerful nation, with a strength gauge of 0.89 and a happiness gauge of 0.98. The U.S. economy is projected to grow at 1.4% overall, with a per capita growth rate of 1.2%.Its global influence remains unmatched due to its economic size, military strength, and technological advancements.
Read also: 10 countries with the largest immigrant population in the United States
2. China
China follows closely behind, boasting a high future real growth estimate of 4.0% and per capita growth of 4.3%. Although its happiness gauge is 1.27, its strength gauge is slightly lower at 0.80. China’s rising economic prowess, rapid technological development, and growing global influence ensure its position among the most powerful nations.
3. Eurozone
The Eurozone, comprising major European economies, holds a collective strength gauge of 0.56 and a happiness gauge of 2.15, reflecting strong social systems. However, its economic growth forecast is weak at 0.2%, with per capita growth at 0.9%. Despite this, its economic unity and diplomatic influence keep it among the leading global powers.
Read also: 10 countries with the largest immigrant population in the United States
4. Germany
Germany, the economic powerhouse of Europe, scores 0.38 on the strength gauge and an impressive 2.06 on the happiness gauge. However, it faces economic headwinds, with a future real growth estimate of -0.5% and a per capita growth rate of 0.6%. Germany remains influential due to its industrial base and strong diplomatic relationships.
5. Japan
Japan maintains a strength gauge of 0.33 and a happiness gauge of 2.42, one of the highest among the top nations. With projected economic growth at 1.2% and per capita growth at 1.9%, Japan continues to be a leader in technology and innovation, reinforcing its global standing.
6. South Korea
South Korea’s strength gauge stands at 0.32, with a happiness gauge of 2.30. Its economy is projected to grow at 1.8%, with per capita growth at 3.0%. South Korea’s strong technology sector and economic resilience sustain its position.
Read also: Top 15 most powerful business leaders in the world
7. India
India exhibits high future growth potential with a 6.3% overall growth estimate and 5.3% per capita growth. However, it has a relatively low strength gauge of 0.30 and a negative happiness gauge at -1.41. As the fastest-growing major economy, India’s strategic importance continues to rise.
8. United Kingdom
The UK holds a strength gauge of 0.29 and an impressive happiness gauge of 2.29. Its economic growth is projected at 1.3%, with per capita growth at 0.9%. Despite challenges from Brexit, the UK remains a diplomatic and financial leader globally.
9. France
France ranks with a strength gauge of 0.27 and a happiness gauge of 2.19. Its economy is set to grow at 0.9%, with per capita growth at 1.0%. France’s global influence is driven by its strong military, cultural appeal, and diplomatic reach.
10. Russia
Russia rounds out the list with a strength gauge of 0.26 and a health gauge of 0.28. While economic uncertainties persist, its military power and natural resource wealth maintain its global position.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp