Based on available data and forecasts, here’s a comparison of total consumer spending in India and China for the year 2024. Since exact figures for 2024 are not fully available as of March 21, 2025, I’ll use the most recent data and projections to provide an informed estimate.

For India, consumer spending in 2023 was reported at approximately $2.14 trillion USD (MacroTrends). With a growth rate of around 4.82% from 2022 to 2023, and assuming a similar trend in 2024, consumer spending could be estimated at roughly $2.24 trillion USD for 2024. Additionally, Statista forecasts India’s total consumer spending to reach $2.58 trillion USD by 2025, suggesting a consistent upward trajectory that supports this estimate.

For China, precise 2024 consumer spending data is less directly available, but Statista reports total consumer spending at $7.73 trillion USD projected for 2025. Working backward, and considering China’s economic trends, consumer spending in 2023 was likely around $7 trillion USD, with a moderate growth rate (e.g., 3-4% annually) due to factors like a slowing economy and cautious consumer behavior. This places China’s 2024 consumer spending at approximately $7.2-$7.3 trillion USD.

Comparison:

• India (2024 estimate): ~$2.24 trillion USD

• China (2024 estimate): ~$7.2-$7.3 trillion USD

China’s total consumer spending in 2024 is thus estimated to be about 3.2 to 3.3 times higher than India’s. This gap reflects China’s larger economy (approximately $18.2 trillion GDP in 2024 per X posts) compared to India’s ($3.68 trillion GDP in 2024 per X posts), as well as differences in population spending power, urbanization, and economic structure. India’s consumption is a larger share of its GDP (around 58%) compared to China’s (around 38%), but China’s sheer economic scale drives its higher absolute spending.

These figures are estimates based on trends and projections, as full 2024 data isn’t yet finalized. For precise numbers, official statistics released later in 2025 would be needed.