The world's tallest statue will be twice the size of the Statue of Liberty

Earlier this year, we told you that Saudi Arabia will erect the world's tallest tower, which would be two Freedom Towers tall. That's pretty big.

Well, not to be outdone, India has unveiled plans to build a monument that's nearly double the size of the Statue of Liberty. Because apparently everyone wants to do things twice as big as the United States?

The proposed monument would also be the world's tallest, of course, towering nearly 600ft high, opposite Sardar Sarovar Dam in Gujarat, according to The Washington Post.

At 597ft, the Statue of Unity -- which will honor one of the nation's founding fathers and leaders of Congress, Sardar Vallabhbhai Patel -- is set to surpass China's 502ft-high Spring Temple Buddha, currently the tallest statue on Earth, for the top spot.

As well as being the largest structure, the Indian idol will feature an aquarium, research center, gallery, and a 360-degree observation deck.

Though plans for the Statue of Unity were revealed back in 2010 by India's current Prime Minister Naranda Mori, the nation's annual budget recently set aside $34 million for the project. Total costs could spiral toward a staggering $415 million, however. 

A lack of financing won't be the only factor to set back the statue. According to Scroll India, a dwindling iron supply could also hold up construction, as Sardar Sarovar Narmada Nigam Limited, the company handling the project, is "unable to work out how to source the amount of iron ore required for a 597-foot sculpture". Turner Construction, which developed Dubai's Burj Khalifa tower, is also offering counsel on the statue.

Meanwhile, another structure planned for the coast of Mumbai threatens to take the title from Statue of Unity for the tallest, at 624ft -- though that's presently more pie-in-the-sky than towering-in-the-sky, since there's no funding.

Who knows? In a few years, maybe someone will try to take a selfie on it. In the meantime, here's a video about the Statue of Unity.

Chloe Pantazi is an editorial assistant on Thrillist's travel team. Yes, that's a British accent. No, she hasn't met the queen. Follow her on Twitter at @ChloePantazi.