Panchali Dey
Feb 4, 2024
The key contributing factors to the rankings
This list is as per the 2024 US News Power Rankings, which is based on leadership, economic and political influence, international alliances, and military strength, reveal a dynamic global power landscape.
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United States
Maintaining its lead, the US excels across sectors like technology, finance, and entertainment.
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China
Demonstrating remarkable technological advancements in AI and 5G, coupled with expanding economic influence, China edges closer to the top.
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Russia
Renowned for geopolitical influence and military strength, Russia secures the third position, underscoring its role in shaping global affairs.
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Germany
Championing green energy and digital transformation, Germany retains the fourth spot, showcasing Europe's economic strength and technological aspirations.
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United Kingdom
With focus on post-Brexit trade deals, nurturing tech industry growth, and supporting startups, the UK strives for economic development.
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South Korea
Excelling in technology and innovation, South Korea solidifies its global economic position with leading tech firms.
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France
Prioritising digitalization and green energy, France secures the seventh spot, contributing to European Union stability.
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Japan
Known for advanced chip manufacturing, AI, and electric vehicle technology, Japan aims to lead in innovation.
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Saudi Arabia
As a key US ally and major oil producer, Saudi Arabia ranks ninth, leveraging its oil reserves and investments in tourism and mega-projects.
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UAE
Featuring in 10th position, the UAE focuses on space exploration, consolidating its economic position on the global stage.
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India
Rising to the 12th position, India's robust economy, strong alliances, and military power contribute to its growing global stature, ranking fifth in world GDP after the US, China, Japan, and Germany.
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