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Economy

India to surpass Japan as 4th-largest economy in 2025, IMF says

Latest estimate shows weak yen hastening reversal by a year

A New Delhi auto show in February. India already surpassed Japan in domestic car sales in 2022. (Photo by Ryosuke Hanada)

MUMBAI -- India's nominal gross domestic product will likely outstrip Japan's in 2025 to become the world's fourth-largest economy, according to an International Monetary Fund estimate, a year earlier than the previous projection.

India's GDP will likely total $4.3398 trillion in 2025, compared with Japan's $4.3103 trillion, the IMF said in its latest estimate.

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