India Expected to Rank as World’s Fourth Largest Economy by 2025
According to a recent International Monetary Fund (IMF) report, India is set to become the fourth largest economy globally by the fiscal year 2025, surpassing Japan.
This projection follows India’s recent rise to the fifth spot among the world’s fastest-growing economies, with a GDP estimated at $4.34 trillion.
United States Maintains Lead Among Top Global Economies
Leading the IMF’s list, the United States is projected to retain its position as the world’s largest economy in 2025, with an estimated GDP of $29.84 trillion. Despite economic challenges and sanctions, China is expected to follow closely, holding the second position with a GDP of $19.79 trillion.
Germany and India Ascend in Global Economic Rankings
Germany, which narrowly avoided recession, is positioned as the third largest economy, with a projected GDP of $4.59 trillion in 2025. India’s growth momentum continues as it climbs to the fourth spot, overtaking Japan, whose GDP is expected to be around $4.31 trillion. Japan’s economic slowdown places it just behind India in the rankings.
Other Leading Economies in the Top Ten
The IMF report also highlights that the United Kingdom will retain its position as the sixth largest economy, with a GDP of $3.68 trillion. France is expected to stay in seventh place, reaching $3.22 trillion. Brazil is projected to move up to eighth, with a nominal GDP of $2.44 trillion, surpassing Italy, which will slip to ninth with $2.39 trillion. Canada rounds out the top ten with a projected GDP of $2.36 trillion.
As these economies evolve, the IMF’s report reflects shifting economic dynamics, with India emerging as a key player in the global economy by 2025.
