India has achieved a significant milestone, with its economy now surpassing the $4 trillion mark, making it the fifth-largest economy globally. The latest projections estimate that India’s real GDP will reach $4.3 trillion by 2025, positioning it just behind Japan’s $4.4 trillion and Germany’s $4.9 trillion economies. With its rapid growth, India is expected to overtake Japan in 2025 and Germany by 2027.
According to the most recent data from the International Monetary Fund (IMF), India has seen a remarkable 105% growth in its GDP over the past decade, doubling from $2.1 trillion in 2015 to a projected $4.3 trillion in 2025. This rapid expansion has positioned India as one of the fastest-growing major economies globally, outpacing both the United States and China. Over the same period, the US economy grew by 66%, and China’s GDP expanded by 76%.
In contrast, other major economies such as the United Kingdom experienced a modest 28% GDP growth, while France’s economy grew by 38%, from $2.4 trillion in 2015 to $3.3 trillion in 2025. Russia, despite facing sanctions and the ongoing war, saw a 57% increase in its economy, while Australia’s and Spain’s economies grew by 58% and 50%, respectively.
India’s growth trajectory also highlights an interesting comparison with France. In 2015, France’s economy was larger than India’s, standing at $2.4 trillion compared to India’s $2.1 trillion. However, by 2025, India’s GDP of $4.3 trillion is projected to be approximately 30% larger than France’s $3.3 trillion economy. Similarly, in 2015, the UK’s GDP of $2.9 trillion was ahead of India’s, but by 2025, India’s economy will have surpassed the UK’s, which is projected to be $3.7 trillion.
In the past decade, India has moved from being the world’s seventh-largest economy to its fifth-largest, having surpassed both France and the UK.
India’s current GDP of $4.3 trillion is just behind Japan’s $4.4 trillion. However, while India’s economy has more than doubled in the past decade, Japan’s GDP has remained stagnant, holding steady at $4.4 trillion since 2015. Given India’s projected growth rate of over 6.5% in 2025, the country is set to overtake Japan and become the world’s fourth-largest economy in the near future.
Overtaking Germany will take a bit longer. With a GDP of $4.9 trillion in 2025, Germany is currently ahead of India. However, with India’s rapid growth, it is expected to surpass Germany by 2027 and become the third-largest economy in the world.
Despite its impressive growth, India remains far behind China and the United States. In 2015, China’s economy stood at $11.1 trillion, more than five times larger than India’s. By 2025, China’s GDP is projected to reach $19.5 trillion, still about 4.5 times the size of India’s economy, which stands at $4.3 trillion.
While India has made remarkable strides in recent years, it still has a long way to go before catching up with the economic powerhouses of the United States and China. Nonetheless, the country’s consistent growth and economic trajectory continue to highlight its rising influence on the global stage.
