India leads to becoming the fourth largest economy: India is becoming a rapid emerging global economy. World Economic scenario – According to the report, India will become the fourth largest economy in the world by exiting Japan by 2025. Which will be a significant success in the journey of India’s economy.
According to the World Economic Scenario-April 2025 report released by the IMF, India’s GDP will be $ 4187.017 billion (about Rs 348 lakh crore) in the current financial year 2025-26. While Japan’s GDP will be recorded at $ 4186.43 billion (Rs 347.9 lakh crore). With this slight margin, India will leave Japan behind and become the fourth superpower in the world. India currently ranks fifth among the top economies of the world.
The world’s third largest economy will be in 2028
This report also provides anticipation of future growth. In which India will become the third largest economy in the world by exiting Germany by 2028. If considering the existing factors, India will enter GDP of $ 5584.47 billion by 2028. While Germany will achieve a GDP growth of $ 5252.93 billion during this period. The report states that India will become a $ 5 trillion economy by 2027.
America-China dominance will continue
The IMF report predicts that the world’s top superpowers, America and China, will maintain their dominance. In the year 2025, the US will remain the world’s leading economy in terms of GDP growth, while China will remain second. In 2025, the US GDP will reach $ 30.5.5 trillion and will reach China’s $ 19.2 trillion. This ranking will remain till the end of the decade.
GDP growth estimates of various countries in 2025
Country | GDP growth estimates |
America | 30,507.22 |
China | 19,231.71 |
Germany | 4,744.80 |
India | 4,187.02 |
Japan | 4,186.43 |
UK | 3,839.18 |
France | 3,211.29 |
Italy | 2,422.86 |
Canada | 2,225.34 |
Brazil | 2,125.96 |
GDP growth slowed due to global challenges
It is noteworthy that the IMF has reduced India’s GDP growth estimate in its report. India’s GDP growth rate in 2025 has come down from 6.5% to 6.2% due to global tariffs and geopolitical crises. However, it will not have any effect on personal consumption.