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India's GDP Doubled In Last 10 Years: Will It Beat Germany & Become World’s 3rd Largest Economy by 2027? Check IMF Report
India's gdp doubled in last 10 years: will it beat Germany & become world’s 3rd largest economy by 2027? check IMF report
New Delhi: India's economy doubled in the past decade and now stands at $4.3 trillion in 2025, International Monetary Fund (IMF) data said. In the last 10 years, the GDP has grown at a spectacular 105% growth rate.
As per the IMF, India currently stands as the fifth largest economy after US, China, Germany, and Japan. The report further highlighted that India is expected to beat Japan's economy by the third quarter of FY25 and could be just behind the US and China by 2027.
India’s economic growth over the past decade has surpassed several major global economies, with its GDP expanding by 105%. In comparison, the US and China grew by 66% and 44%, respectively, while developed nations like Germany, France, and the UK recorded significantly lower growth rates.
With Japan’s GDP stagnant at $4.4 trillion, India is set to surpass it within the next year. Germany, with a GDP of $4.9 trillion, is expected to be overtaken by 2027, making India the world’s third-largest economy.
India’s economic milestones highlight its rapid ascent:
- It took 60 years to reach its first $1 trillion GDP in 2007.
- By 2014, GDP had doubled to $2 trillion.
- Despite the COVID-19 impact, India crossed $3 trillion in 2021.
- The leap from $3 trillion to $4 trillion happened in just four years.
- At its current pace, India could add $1 trillion to its economy every 1.5 years, potentially reaching $10 trillion by 2032.
MSN