Archive · 2 Jun 2025
India Now the World's Fourth-Largest Economy
India is now the fourth biggest economy in the world, according to a top government official.
This information comes from the International Monetary Fund (IMF).
India is expected to pass Japan in 2025.
The IMF thinks India's economy will grow a lot in the next few years.
They predict growth of over 6% each year.
This means India's economy is doing well and is expected to continue growing rapidly.
NITI Aayog CEO stated India is the fourth-largest economy, based on IMF data.
India's nominal GDP for FY26 is projected to be approximately $4.187 trillion.
Japan's estimated GDP is expected to be $4.186 trillion, slightly lower than India's.
The IMF projects India will grow at 6.2% in 2025 and 6.3% in 2026.
The NITI Aayog CEO also revealed a second round of asset monetization is being prepared.
- Who
- BVR Subrahmanyam, NITI Aayog CEO
- What
- India's overtaking of Japan as the fourth-largest economy.
- When
- May 24, 2024, based on IMF data
- Where
- Global economic landscape
- Why
- To understand India's economic standing and future projections.
- Key Figure
- BVR Subrahmanyam
- Current Status
- Fourth largest economy
- India's Projected GDP (FY26)
- $4.187 trillion
- Japan's Projected GDP (FY26)
- $4.186 trillion
- India's GDP Growth (2025)
- 6.2%
- India's GDP Growth (2026)
- 6.3%
- Data Source
- IMF
Sources
India overtakes Japan to become the world’s fourth largest economy, says NITI Aayog CEO
India now fourth-largest economy, ahead of Japan: Niti Aayog CEO
India overtakes Japan to become the world's fourth largest economy: NITI Aayog CEO
India becomes world's fourth largest economy, overtaking Japan: NITI Aayog CEO
Naidu, Pawan laud Modi on India overtaking Japan to become world’s fourth largest economy
Sonowal hails India’s rise as world’s 4th-largest economy
India on track to overtake Japan in 2025, but not yet no. 4: IMF data
