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India overtakes Japan to become 4th largest economy

By IndianMandarins- 26 May 2025
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New Delhi (26.05.2025): Chief Executive Officer (CEO) of NITI Aayog BVR Subrahmanyam on May 25, 2025 citing International Monetary Fund (IMF) data said that India has overtaken Japan to become the world's fourth-largest economy. The official IMF data of Gross Domestic Product (GDP) for 2025 marked India's position at $4.19 trillion based on the current prices. 
“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,” BVR Subrahmanyam said at the 10th NITI Aayog Governing Council Meeting.
Subrahmanyam also predicted that India may soon surpass Germany and become the third-largest economy in the world. “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,” said the CEO. 
The list of top ten economies is as follows:
  1. United States: GDP current prices at $30.51 trillion.
  2. China: GDP current prices at $19.23 trillion. 
  3. Germany: GDP current prices at $4.74 trillion.
  4. India: GDP current prices at $4.19 trillion.
  5. Japan: GDP current prices at $4.19 trillion.
  6. United Kingdom: GDP current prices at $3.84 trillion.
  7. France: GDP current prices at $3.21 trillion.
  8. Italy: GDP current prices at $2.42 trillion.
  9. Canada: GDP current prices at $2.23 trillion. 
  10. Brazil: GDP current prices at $2.13 trillion.
According to the IMF data cited above, all the current GDP numbers are based on the 2025 data release.

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