The rapid expansion of the GDP has enabled India to surpass Japan and secure fourth place on the list of the world’s largest economies with a figure of $4.18 trillion.
India has become the fourth largest economy globally, overtaking Japan with a GDP size of $4.18 trillion, reports RIA “Novosti.” This is stated in an official government proclamation, which clarifies that within the next three years, the Indian economy might surpass Germany to reach third position, increasing its GDP to $7.3 trillion by 2030.
Presently, the USA and China occupy the leading positions in the global economic ranking. In the second quarter of the 2025-26 fiscal year, India’s real GDP expanded by 8.2%, which is higher than the figures of previous months and marked a six-quarter peak amid volatile worldwide trade.
Expectations from international agencies also confirm the nation’s solid expansion. The World Bank forecasts 6.5% growth for the Indian economy in 2026, Moody’s agency anticipates momentum of 6.4% and 6.5% over the next two years, and the IMF elevated its projections to 6.6% for 2025 and 6.2% for 2026.
The Organisation for Economic Co-operation and Development projects growth at the level of 6.7% in 2025 and 6.2% in 2026. Among other agencies, S&P anticipates an increase in Indian GDP by 6.5% and 6.7%, the Asian Development Bank raised its forecast to 7.2%, and Fitch – to 7.4%. Largely, the positive outlook is linked to the rise in domestic consumer demand.
The Indian Government emphasizes: “India is among the fastest-growing major economies worldwide and is well-positioned to maintain this momentum.” Official authorities note that the country intends to join the ranks of high-income nations by 2047, relying on structural reforms, economic expansion, and societal advancement.
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