Overview

• India’s nominal GDP is projected at $4.187 trillion in 2025, surpassing Japan’s $4.186 trillion, according to the IMF’s latest World Economic Outlook report.
• India continues to lead as the fastest-growing major economy, with growth expected to exceed 6% annually over the next two years.
• Japan faces stagnation, with GDP growth forecast at just 0.6% for 2025 and 2026, partly due to global trade tensions.
• By 2028, India’s GDP is projected to reach $5.584 trillion, overtaking Germany to become the third-largest economy globally.
• Advanced economies, including Germany and the Euro Area, are expected to see minimal growth, with Germany’s GDP growth flatlining at 0% in 2025.