India Becomes 4th Largest Economy in the World

India has officially surpassed Japan to become the world’s fourth-largest economy, marking a significant milestone in its economic journey. This development was confirmed by B.V.R. Subrahmanyam, CEO of NITI Aayog, during the 10th Governing Council meeting of the policy think tank.

Key Highlights

• GDP Milestone: India’s nominal Gross Domestic Product (GDP) for 2025 is projected at $4.187 trillion, slightly surpassing Japan’s estimated $4.186 trillion.
• Global Ranking: India now ranks fourth globally, trailing only the United States, China, and Germany.
• Growth Trajectory: The International Monetary Fund (IMF) projects India to grow at over 6% annually for the next two years, positioning it as the fastest-growing major economy.
• Future Outlook: If current trends continue, India is poised to overtake Germany and become the third-largest economy within the next 2.5 to 3 years.

🇮🇳 National Reactions

The achievement has been met with widespread acclaim across the nation. Industrialist Anand Mahindra expressed his pride, stating that surpassing Japan in GDP was once a distant dream during his business school days. He emphasized the importance of continued effort to maintain and enhance this growth.

Bollywood icon Amitabh Bachchan also shared his elation on social media, calling it an “incredible achievement” and extending congratulations to all Indians.

List of Top 10 Economies (As per GDP in US$)

According to the latest data, the top five economies by nominal GDP are:

1. United States: GDP current prices at $30.51 trillion.
2. China: GDP current prices at $19.23 trillion. 
3. Germany: GDP current prices at $4.74 trillion.
4. India: GDP current prices at $4.19 trillion.
5. Japan: GDP current prices at $4.19 trillion.
6. United Kingdom: GDP current prices at $3.84 trillion.
7. France: GDP current prices at $3.21 trillion.
8. Italy: GDP current prices at $2.42 trillion.
9. Canada: GDP current prices at $2.23 trillion. 
10. Brazil: GDP current prices at $2.13 trillion.

India’s ascent reflects its robust domestic consumption, expanding service sector, and technological advancements. While challenges like income inequality persist, this milestone underscores India’s growing influence on the global economic stage.