IMF Outlook: According to the latest World Economic Outlook by the IMF, India is set to become the world’s fourth-largest economy in 2025, surpassing Japan. India’s nominal GDP is projected to reach $4,187.02 billion, slightly ahead of Japan’s $4,186.43 billion.
Growth Forecast: India is expected to remain the fastest-growing major economy, with a growth rate above 6% for the next two years. This contrasts with Japan, which is forecasted to see a muted growth rate of only 0.6% in both 2025 and 2026, impacted by the global trade slowdown.
Future Projections: By 2028, India’s GDP is projected to rise to $5,584.48 billion, surpassing Germany, and positioning India as the third-largest economy globally.
Implications for India:
Strong economic momentum driven by domestic consumption, investment, and digital transformation.
India’s growing economy highlights its increasing influence in global trade, finance, and geopolitics.
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