IMF sees India becoming $4.52-trillion economy in 2027
What Happened
The International Monetary Fund projects India will become the world’s fourth-largest economy by nominal GDP in 2027, with output reaching about $4.52 trillion. Japan, which is projected to remain fourth in 2026, is forecast to fall to sixth in 2027, behind India and the United Kingdom. The United States, China and Germany are projected to remain the three largest economies.
Key Takeaways
The IMF has raised India’s 2026 growth forecast to 7%, compared with projected growth of 0.7% for Japan. Importantly, the ranking is based on nominal GDP, so it measures the overall size of economies at current market prices rather than purchasing-power-parity GDP.