India to become 4th largest economy in 2025 as it crosses $4-trillion-mark surpassing Japan
India to become the 4th largest economy in the world in 2025, exceeding Japan. By 2030, it is expected to be larger than the size of the German economy.
India will become the fourth-largest economy in the world in 2025, exceeding Japan, according to the latest World Economic Outlook April 2025 edition of the International Monetary Fund.
India Shining - Recent statistics
India’s nominal GDP for 2025 (FY26) is expected to be $4,187.017 billion, compared to $4.186 billion for Japan.
In 2024, India was the fifth-largest economy in the world, with a GDP of $3.9 billion, in contrast to Japan's $4.1 billion.
The Indian economy is expected to grow 6.3 per cent in real terms, compared to the 6.5 per cent projected earlier, the IMF noted in its World Economic Outlook released last month.
Meanwhile, Japan is expected to grow 0.6 per cent in real terms.
India has been inching closer to becoming the third-largest economy and shall do so in 2028, surpassing Germany.
As reported, India will cross the $5-trillion mark in 2027 with a projected GDP of $5.07 trillion, just $13 million short of Germany’s economy.
By 2030, India’s economy is expected to be a fifth larger than the size of the German economy, with a size of $6.8 trillion and over a third larger than the Japanese economy.
India surpassed the UK to become the fifth-largest economy in 2020.
The IMF projects the economy to grow 10.1 per cent over the next four years.
The United States of America and China will continue to be the world's two largest economies in 2025. They are expected to retain these rankings through the decade, according to the IMF.