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India Beats Japan! Becomes World’s 4th Largest Economy

India

India has surpassed Japan to become the world’s fourth-largest economy, according to NITI Aayog CEO B.V.R. Subrahmanyam. Citing IMF figures, he confirmed India’s economy now stands at around $4 trillion, placing it ahead of Japan. Currently, only the United States, China, and Germany rank above.

India overtakes Japan

If current growth trends continue, India could become the third-largest economy in the world within the next three years, beating Germany. The IMF’s latest World Economic Outlook predicts India’s nominal GDP will grow steadily, crossing $5.5 trillion by 2028. India remains the fastest-growing major economy, expected to maintain growth above 6% in the coming years.

Meanwhile, Germany and Japan are seeing slower progress, largely due to global trade challenges. Germany’s GDP growth is forecast to remain under 1%, while Japan is expected to grow at just 0.6%. India’s rapid economic rise signals its growing influence on the global stage.

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