India to overhaul Japan as world’s 4th largest economic system in 2025, poised to surpass Germany by 2028: IMF – Firstpost
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India’s nominal GDP for 2025 (FY26) is predicted to be $4,187.017 billion — barely forward of Japan’s estimated $4,186.431 billion, in response to a report, citing the Worldwide Financial Fund’s newest World Financial Outlook launched in April 2025
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India is ready to turn out to be the world’s fourth-largest economic system in 2025, overtaking Japan, in response to a report, citing the Worldwide Financial Fund’s newest World Financial Outlook launched in April 2025.
In accordance with a Occasions of India report, India’s nominal GDP for 2025 (FY26) is predicted to be $4,187.017 billion — barely forward of Japan’s estimated $4,186.431 billion.
Till 2024, India ranked because the world’s fifth-largest economic system, however in response to the most recent IMF projections, it’s anticipated to rise to fourth place in 2025.
Within the coming years, India can be poised to surpass Germany and turn out to be the third-largest economic system. By 2028, India’s GDP is projected to succeed in $5,584.476 billion, exceeding Germany’s estimated $5,251.928 billion. India is predicted to cross the $5 trillion mark in 2027, with a projected GDP of $5,069.47 billion, added the report.
America and China are projected to stay the world’s two largest economies in 2025 and are anticipated to carry these positions all through the last decade, reported ToI, citing the most recent IMF estimates.
In its April 2025 World Financial Outlook, the IMF additionally cautioned that the worldwide financial order that has formed worldwide commerce and finance for the previous 80 years is present process a big reset, signaling the start of a brand new period.
The report revised India’s GDP progress forecast for 2025 to six.2%, down from the sooner estimate of 6.5% launched in January.
The downward revision displays rising world uncertainty, significantly as a consequence of tariff-related coverage choices by US President Donald Trump.
“For India, the expansion outlook is comparatively extra secure at 6.2% in 2025, supported by personal consumption, significantly in rural areas, however this charge is 0.3 share level decrease than that within the January 2025 WEO Replace on account of upper ranges of commerce tensions and world uncertainty,” ToI quoted the IMF report as saying.
With inputs from businesses
