India has emerged as the fastest-growing major economy globally, with its Gross Domestic Product (GDP) more than doubling in the last decade. According to the latest data from the International Monetary Fund (IMF), India’s GDP stands at $4.3 trillion in 2025, compared to $2.1 trillion in 2015, marking a remarkable 105% growth.
India to Overtake Japan and Germany
India is on the verge of overtaking Japan, whose GDP currently stands at $4.4 trillion, by the third quarter of 2025. If the current growth trajectory continues, India is expected to surpass Germany, the world’s third-largest economy with a GDP of $4.9 trillion, by the second quarter of 2027.
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Outperforming Major Global Economies
India’s exceptional growth rate has outperformed major economies like:
- China: 76% growth
- USA: 66% growth
- Germany: 44% growth
- France: 38% growth
- UK: 28% growth
Commerce and Industry Minister Piyush Goyal hailed this performance as “outstanding,” emphasizing that India has outpaced all nations in the G7, G20, and BRICS groups in terms of economic growth.
Journey to Economic Milestones
India’s economic growth journey has been remarkable:
- Reached the first $1 trillion mark in 2007 (after 60 years).
- Took 7 years to double to $2 trillion by 2014.
- Despite COVID-19, India crossed the $3 trillion milestone in 2021.
- The leap from $3 trillion to $4 trillion took just 4 years.
India’s Future Economic Prospects
At this rate, India is expected to add $1 trillion to its GDP every 1.5 years, potentially becoming a $10 trillion economy by the end of 2032.
Global Economic Comparison
Currently, the top two economies remain:
- United States: $30.3 trillion
- China: $19.5 trillion
India’s steady growth trajectory indicates that it could potentially break into the top two spots in just over two decades
