Big achievement! India overtook Japan to become the 4th largest economy in 2025; Will be the third largest by 2028
According to the latest World Economic Outlook April 2025 edition of the International Monetary Fund, crossing Japan, the world’s fourth largest economy will be in 2025.India’s nominal GDP for 2025 (FY26) is expected to be $ 4,187.017 billion, which is modestly higher than the possible GDP of Japan, estimated to be $ 4,186.431 billion.
By 2024, India was the 5th largest economy in the world, but according to the latest IMF predictions, it is expected to become the fourth largest in the ongoing year. In the coming years, India is also likely to overtake Germany to become the third largest economy. By 2028, India’s GDP is $ 5,584.476 billion, which is more than Germany’s $ 5,251.928 billion. India will become an $ 5 trillion economy in 2027 with a $ 5,069.47 billion GDP.
top 10 The largest economies in the world 2025
Source: IMF World Economic Outlook April 2025
The United States and China will continue for the world’s top two largest economies in 2025 as well. They are expected to maintain these rankings through decade, as Peer IMF estimates.
Also read In 7 charts: How India’s GDP has doubled from $ 2.1 trillion.
In its latest world economic perspective, the IMF has warned that the global economic system under which most countries have operated for the last 80 years, the world is being transformed into a new era.
The IMF has adjusted India’s GDP growth forecast for 2025 to 6.2% in its report. This indicates a decrease from the first launch of 6.5% that was published in the January Outlook report.
The bottom adjustment in development estimates reflects uncertainty arising from decisions on the tariffs of US President Donald Trump. The IMF report states: “For India, the development approach is relatively more stable at 6.2 percent in 2025, especially supported by personal consumption in rural areas, but this rate is 0.3 percent lower than January 2025, which is Weo updated due to high level of trade stress and global uncertainty.,
