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India 's economy is now the fourth largest globally, surpassing Japan. NITI Aayog CEO BVR Subrahmanyam shares this news. Only the US, China, and Germany are ahead. India aims to be the third largest in 2.5-3 years. The IMF projects India 's 2025 GDP to exceed Japan's. India 's per capita income has doubled since 2014. Introduction India , the world’s fourth-largest economy , has emerged as the fastest-growing major economy and is on track to become the world’s third-largest economy with a projected GDP of $7.3 trillion by 2030. India is projected to be world’s fastest growing major economy (6.3% to 6.8% in 2025-26). This transformation is the result of a decade of decisive governance, visionary reforms, and global engagement under Prime Minister Narendra Modi. Driven by robust domestic demand, a ... India has overtaken Japan with a GDP of $4.19 trillion, becoming the 4th largest economy globally in 2025, confirms IMF data. Learn what this means for India ’s global role, growth, and future trajectory. The world GDP ranking 2025 shows the largest economies by nominal GDP in U.S. dollars, based on the IMF’s World Economic Outlook. The biggest economies in the world continue to be dominated by the U.S., China, Germany, India and Japan. Key Takeaways: US (United States) leads the world GDP ranking list with a GDP of $30.50 trillion. Currently, India is the 4th largest economy in the world GDP ranking 2025 list. The IMF forecasts that by 2028, India will overtake Germany to become the 3rd ...
