India-China: Tale of Two Economies (1990-2025)

• Author(s): Vanshika Arora
• Paper ID: 1714755
• Page: 13-23
• Published Date: 05-03-2026
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 9 Issue 9 March-2026

Abstract

The comparison of India and China's economies over almost the last three decades reveals the massive potential of economic growth of the two countries. In the 1980s and before India and China had an almost equal GDP and until 1992-93 India’s GDP was higher than that of China. Current scenario according to 2025 reports- China’s economy if 5 times bigger than India’s having a total GDP of $19.2 trillion in comparison to $4.3 trillion of India. GDP per capita accounts more than $13,000 in China whereas $2,700 in India. Nowadays, most of the major economic indicators are in favors of China. For instance- Technology average export in China is 26.57% against 14.93% in India. The important question here is "how did China manage to edge over India economically by such a margin in a span of roughly four decades?"

Keywords

GDP Growth Rate, FDI, Infrastructure, Investments, Human Capital

Citations

IRE Journals:
Vanshika Arora "India-China: Tale of Two Economies (1990-2025)" Iconic Research And Engineering Journals Volume 9 Issue 9 2026 Page 13-23 https://doi.org/10.64388/IREV9I9-1714755

IEEE:
Vanshika Arora "India-China: Tale of Two Economies (1990-2025)" Iconic Research And Engineering Journals, 9(9) https://doi.org/10.64388/IREV9I9-1714755