‘Historic Achievement’ As India’s Economy Reaches $4 Trillion Threshold; Set To Surpass Japan Soon
In a remarkable achievement, the Indian economy has reached the significant milestone of 4 trillion US dollars, positioning it as the fifth-largest global economy.
Recent projections suggest that by 2025, India's actual GDP will be around 4.3 trillion US dollars, closely following Japan's 4.4 trillion and Germany's 4.9 trillion. Based on the current growth trajectory, India is on track to overtake Japan in 2025 and Germany by 2027.
Importantly, data from the International Monetary Fund (IMF) indicates that India has seen its Gross Domestic Product (GDP) double in the last ten years, increasing by 105 percent from 2.1 trillion US dollars in 2015 to an anticipated 4.3 trillion US dollars in 2025.
This swift expansion positions India as one of the fastest-growing major economies globally, outpacing both the US and China. Over the past decade, the US experienced a GDP growth of 66 percent, while China's GDP saw a 76 percent increase.
According to the IMF, the United Kingdom's GDP increased modestly by 28 percent during this time. France's economy grew by 38 percent, rising from 2.4 trillion US dollars in 2015 to 3.3 trillion US dollars by 2025.
In spite of sanctions and conflict, the Russian economy expanded significantly by 57 percent, with the Australian economy growing by 58 percent and Spain’s economy increasing by 50 percent.
In 2015, France's GDP was 2.4 trillion US dollars, larger than India's GDP of 2.1 trillion US dollars. However, by 2025, France's GDP is projected to be 3.3 trillion US dollars, while India's is expected to hit 4.3 trillion US dollars, making India's economy about 30 percent larger than France's.
The UK GDP was 2.9 trillion US dollars in 2015, also larger than India’s. Nevertheless, by 2025, the UK's GDP is forecasted to be 3.7 trillion US dollars, trailing behind India's 4.3 trillion US dollars.
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March 26, 2025 at 04:22PM
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