- Great Powers Index 2024 evaluates the leading 24 countries based on economic output, military strength, technological innovation, and reserve currency status
- China is ranked as the top country in the index for 2024
- The index provides insights into each nation's current standing and prospects over the next decade
The Great Powers Index 2024, evaluates the leading 24 countries based on factors such as economic output, military strength, technological innovation, and reserve currency status.
Top 10 most powerful countries in the world
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The index provides insights into each nation's current standing and prospects over the next decade.
Top 10 Strongest Nations in 2024
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- United States
- Strength Gauge Score: 0.89
- Per Capita Score: 0.79
- Future Real Growth Estimate: 1.4%
- Overview: The United States maintains its position as the world's foremost power, boasting formidable capital markets, an unrivalled military, and the dollar's status as the global reserve currency. However, challenges include domestic conflicts and an unfavourable economic/financial position.
2.China
- Strength Gauge Score: 0.80
- Per Capita Score: 0.30
- Future Real Growth Estimate: 4.0%
- Overview: China is a strong power on a rapid ascent, with significant strengths in infrastructure, innovation, and education. The nation's growing military might and substantial economic output are notable, though challenges include rising debt levels.
3.Eurozone
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- Strength Gauge Score: 0.56
- Per Capita Score: 0.43
- Future Real Growth Estimate: 0.2%
- Overview: The Eurozone is a strong power in gradual decline, with robust financial markets and a prominent role in global trade. However, high labour costs and a lack of natural resources present challenges.
4.Germany
- Strength Gauge Score: 0.38
- Per Capita Score: 0.54
- Future Real Growth Estimate: -0.5%
- Overview: Germany's efficient allocation of labour and capital, along with top-notch health indicators, are significant strengths. However, a shrinking workforce and a relative shortage of natural resources are concerns.
Top 10 most powerful countries in the world
The United States Secret Service offers around-the-clock protection to the spouses and children of the US president and vice president.Children of non-sitting presidents are only ensured protection until they turn 16 years old. Presidents can petition for continued security after they leave office.After he left office in January 2021, Donald Trump extended Secret Service protection for his four adult children for another six months, The Washington Post reported. His youngest son, Barron, has also been under the protection of the Secret Service since he began attending New York University.
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5.Japan
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- Strength Gauge Score: 0.33
- Per Capita Score: 0.40
- Future Real Growth Estimate: 1.2%
- Overview: Japan's high internal order, effective allocation of labour and capital, and reserve currency status are notable strengths. The lack of natural resources and an ageing population are key challenges.
6.South Korea
- Strength Gauge Score: 0.32
- Per Capita Score: 0.54
- Future Real Growth Estimate: 1.9%
- Overview: South Korea is a global leader in technology and innovation, with a highly educated workforce. Challenges include a shrinking workforce due to a rapidly ageing population.
7.India
- Strength Gauge Score: 0.30
- Per Capita Score: 0.07
- Future Real Growth Estimate: 6.3%
- Overview: India's resilient economy, cost-competitive labour force, and high self-reliance are strengths. However, challenges include widespread corruption and a significant wealth gap.
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8.United Kingdom
- Strength Gauge Score: 0.29
- Per Capita Score: 0.46
- Future Real Growth Estimate: 1.3%
- Overview: The UK's strong legal framework and high happiness rating are positives. However, an unfavourable economic/financial position and poor infrastructure due to underinvestment are concerns.
9.France
- Strength Gauge Score: 0.27
- Per Capita Score: 0.45
- Future Real Growth Estimate: 0.9%
- Overview: France's social well-being, exceptional healthcare system, and relatively narrow wealth gap are strengths. Challenges include high debt levels and workforce productivity issues.
10.Russia
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- Strength Gauge Score: 0.26
- Per Capita Score: 0.28
- Future Real Growth Estimate: 2.9%
- Overview: Russia's rich natural resources and relatively strong military are strengths. However, internal conflicts, corruption, poor infrastructure, and international sanctions due to geopolitical actions are significant challenges.
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The Great Powers Index 2024 offers a comprehensive analysis of the current global power dynamics and provides insights into the future trajectories of these nations.
