Translated with AI assistance
India, Indonesia, and China topped the ranking of the world’s largest economies by growth rate in 2026, compiled by Visual Capitalist based on the latest IMF forecast. The Indian economy is expected to grow by 6.4%, Indonesia’s by 5%, and China’s by 4.6%. All three countries are members of BRICS.
The gap with the largest developed markets remains significant. The US economy is forecast to grow by 2.3%, and the European Union as a whole by 1.2%. The United Kingdom will add about 1%, Germany 0.7%, France 0.6%, and Italy just 0.5% — the lowest figure among the G20 countries in the ranking. The global economy as a whole is expected to grow by approximately 3%.
Asia’s leadership is explained by different growth models. In India, it is supported by domestic consumption, services, and investment; Indonesia leverages its resource base to develop processing and infrastructure; China, despite slowing down compared to previous decades, maintains a pace significantly higher than most developed economies. In July, the IMF raised its forecast for China from 4.4% to 4.6%, while keeping its estimate for India at 6.4%.
What this means for BRICS business
The ranking shows where the largest demand markets are expanding most rapidly in 2026. India, Indonesia, and China simultaneously offer businesses three distinct directions: a fast-growing consumer market, industrialization and raw material processing, and the world’s largest manufacturing and technology ecosystem. For companies from other BRICS countries, this increases the importance of the Asian direction for trade, investment, production localization, and partner search.
