India officially become the 4th largest economy in the world after surprising Japan. On Saturday, NITI Aayog CEO BVR Subrahmanyam announced that India has overtake Japan in the global economic rankings, securing the 4th largest economy worldwide. With a booming GDP crossing the $4 trillion mark. India now stands tall behind only the United States, China, and Germany — marking a historic achievement in the nation’s growth story.
During a press briefing after the 10th Governing Council meeting of NITI Aayog, CEO BVR Subrahmanyam proudly announced:
“We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak, and this is not my data. This is IMF data. India today is larger than Japan.”
India has now moved ahead of Japan, with only the United States, China, and Germany above us. This marks a huge milestone in India’s journey towards becoming a global economic powerhouse.
He also added, “It’s only the United States, China, and Germany which are larger, and if we stick to, you know, what is being planned, what is being thought through, it’s a matter of another 2, 2.5 to 3 years; we would become the third largest economy”.
India Overtakes Japan to Become 4th Largest Economy
India has reached a major milestone by becoming the world’s forth-largest economy, with its GDP now at $4.187 trillion, just slightly ahead of Japan’s $4.186 trillion. This marks a significant shift in the global economic order.
However, while the total GDP is impressive, India still lags in terms of per capita income. The average income per person in India stands at $2,880, compared to $33,960 in Japan and $55,910 in Germany.
Germany still holds the 4th spot, with a total GDP of $4.74 trillion, ahead of both India and Japan, according to IMF Data.
Looking ahead, India’s economy is expected to grow faster than most major countries. The IMF projects that India will grow by 6.2% in 2025 and 6.3% in 2026, while global growth is expected to stay much lower — around 2.8% in 2025 and 3.0% in 2026.
This makes India one of the fastest-growing economies in the world, with a bright future ahead.
