The possibility of development for India in 2025 is more stable
According to the latest World Economic Outlook April 2025 edition of the International Monetary Fund (IMF), India will become the fourth largest economy in the world, overtaking Japan in 2025. India’s nominal GDP is expected to be $ 4187.017 billion for 2025 (FY 26), slightly higher than the possible GDP of Japan, for which an estimated of $ 4186.431 billion. By the year 2024, India was the 5th largest economy in the world, but according to the latest IMF estimates, it is expected to become its fourth largest economy in the current year.
India will become the third largest economy in the world by 2028
Not only this, in the coming years, India is also likely to become the third largest economy, leaving behind Germany. By 2028, India’s GDP is estimated to be $ 5584.476 billion, which is more than $ 5251.928 billion in Germany. India will become a $ 5 trillion economy in 2027, which will have a GDP of $ 5069.47 billion. The United States and China will also continue to have two largest economy in the world in 2025. It is believed that the US and China will remain on this rank by 2030.
IMF reduced India’s GDP growth forecast
In its latest world economic scenario, the IMF has warned that the global economic system under which most of the countries have been working for the last 80 years are being re -established, which the world is entering a new era. The IMF in its report has adjusted India’s GDP growth forecast to 6.2% for 2025. This is less than an estimate of 6.5% published in the January Outlook report.
The possibility of development for India in 2025 is more stable
The reason for the decline in the country’s GDP growth’s forecast is being told about the uncertainty arising from the decisions of US President Donald Trump over tariffs. The IMF report said, “For India, the possibility of development in 2025 is relatively more stable, especially supported by personal consumption in rural areas, but this rate is 0.3 percent lower than the WEO update of January 2025 due to high levels of trade stress and global uncertainty.”
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