The US stands at the top of the rank with a GDP of $30.34 trillion and with a population of 34.5 crore.
China is the second most powerful country, with a GDP of $19.53 trillion and a population of 1.419 billion.
Russia, with a $2.2 trillion GDP and a population of 84 million, has been ranked third on the list of the world's most powerful countries.
The United Kingdom is fourth on the list this year, with a GDP of $3.73 trillion and a population of 69 million.
Germany has been ranked fifth on the list. It possesses a $4.92 trillion economy and has a population of 8.54 crore.
Due to the combination of economic power, technological advancement, and military strength, South Korea has been ranked sixth on the list. It has a GDP of $1.95 trillion and a population of 5.17 cr
France is the seventh most powerful country in the world, with a GDP of $3.28 trillion and a population of 6.65 crore.
Japan has also been featured on the list. With a GDP of $4.39 trillion and a population of 12.37 million, it has been ranked eighth this year.
Saudi Arabia ranked ninth, with a GDP of $1.14 trillion and a population of 3.39 crore.
Israel has been ranked tenth on the list this year. It has a GDP of $550.91 billion and a population of 93.8 lakh.
India is ranked 12th among the world's most powerful countries, with its GDP estimated at $3.55 trillion and a population of 1.43 billion.