IMF’s April Outlook projects India to become fourth largest in 2025
The International Monetary Fund (IMF)’s April Outlook held that India would surpass Japan to become the fourth largest economy. The global financial institution tasked to promote economic stability estimates India’s gross domestic product, at current prices, is expected to scale about $4,187.02 billion in 2025. This would be marginally higher than its nearest peer Japan estimated to reach $4,186.43 billion. United States (with a GDP of $30,507.22 billion), China ($19,231.71) and Germany ($4,744.8 billion) continue being the three largest economies globally in the same order.
Battle for growth: On India’s economic trajectoryIMF projects India to surpass Japan as the fourth largest economy, aiming to reach $5 trillion by 2027. | Source: The Hindu
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