India's Economic Milestone

India is on track to become the fourth largest economy in the world by 2025, surpassing Japan, according to the latest World Economic Outlook April 2025 edition of the International Monetary Fund (IMF).

With an estimated nominal GDP of $4,187.017 billion for 2025, India is set to marginally outpace Japan's $4,186.431 billion. This marks a significant leap from its position as the fifth largest economy in 2024.

Future Projections

Looking ahead, India is also projected to overtake Germany to secure the third spot by 2028, with a GDP of $5,584.476 billion against Germany's $5,251.928 billion. The nation is expected to cross the $5 trillion mark by 2027.

Global Economic Rankings

The United States and China continue to lead as the top two economies, with projections indicating they will maintain their positions throughout the decade.

Challenges Ahead

The IMF has adjusted India's growth forecast for 2025 to 6.2%, citing increased uncertainties from global trade tensions. Despite these challenges, India's growth is supported by robust private consumption, especially in rural areas.