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Japan overtakes India to become world’s fourth largest economy

SPIL
Nepal Life

Kathmandu. The size of India’s economy has overtaken Japan to become the world’s fourth-largest economy.

According to the annual economic review of the Government of India, the size of the economy in 2025 is the fourth largest in the world.

Esewa
Crest

According to the report, India is expected to overtake Germany to become the world’s third-largest economy in the next three years.

India’s GDP has already reached about $418 billion. It is expected to reach $730 billion by 2030.

India’s real GDP grew by 8.2% in the second quarter of the last financial year 2025-26. It was 7.8% in the previous quarter.

Merchandise exports rose to $38.13 billion in November. It was $36.43 billion in January. This export is supported by engineering goods, electronics, pharmaceuticals and petroleum products.

However, official confirmation will depend on the release of the final annual GDP figures in 2026. The International Monetary Fund (IMF) had projected India to overtake Japan next year.

The Reserve Bank of India has revised its growth forecast for the financial year 2025-26 to 7.3%.

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