India Surpasses Japan With $4.18T GDP | When Can India Overtake Germany as 3rd Largest Economy?
Автор: India Today Global
Загружено: 2026-01-01
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India’s rise through the global economic rankings has been swift and headline-grabbing. After overtaking the UK and Japan, India is now the world’s fourth-largest economy by nominal GDP. But the next target, Germany, raises a harder question. Is India truly ready to become the world’s third-largest economy, or are the numbers hiding deeper weaknesses?
India’s nominal GDP stands at $4.18 trillion as of 2025, and government projections suggest it could touch $7.3 trillion by 2030. IMF forecasts and estimates from the World Bank, OECD, Moody’s and S&P place India among the fastest-growing major economies globally, with growth rates between 6 and 7 percent.
Yet size is not the same as prosperity. India’s GDP per capita remains just $2,694, roughly ₹2.2 lakh a year, which is far below Germany or Japan. Add to that a weakening rupee, global trade tensions, tariff risks linked to Russian oil imports, and the challenge of creating high-quality jobs for a massive young population.
So, when might India overtake Germany? Possibly by 2028 or 2029. But the real battle is not rankings, it’s whether India can convert economic scale into broad-based prosperity.
#IndiaEconomy #GlobalEconomy #IndiaVsGermany #GDPGrowth #EconomicPowerShift #IndiaGrowthStory #WorldEconomy
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