India’s GDP doubles in a decade, set to overtake Japan: IMF

India has doubled its Gross Domestic Product (GDP) in the last 10 years at a growth of 105 percent, from 2.1 trillion dollars in 2015 to 4.3 trillion dollars in 2025. According to the data released by the International Monetary Fund (IMF), India is now the fifth-largest country in terms of GDP in the world after the US, China, Germany and Japan. It added that India is set to outpace Japan soon, as the latter’s GDP grew nil in the past decade. In comparison, the United States and China’s GDP grew by 66 per cent and 44 per cent, respectively, during the same period. According to inflation-adjusted data from the IMF, India saw a 77 percent GDP growth over the decade. 
India's rapid growth has elevated it into the top five economies, set to surpass Japan in 2025 and potentially overtake Germany by 2027 to become third largest economy, as Japan's GDP growth rate stagnated over the past decade. The United States remains the world’s largest economy, with its GDP growing from $23.7 trillion in 2015 to $30.3 trillion in 2025, a 28% increase. Despite slower growth compared to Asian economies, the US continues to play a dominant role in global economic stability.
China experienced a 74% GDP growth, rising from $11.2 trillion in 2015 to $19.5 trillion in 2025. However, earlier projections of China surpassing the US have not materialized, hindered by pandemic-related setbacks and ongoing challenges in the real-estate sector. Brazil saw the lowest GDP growth among the top ten economies, with a modest 8% increase, rising from $2.1 trillion in 2015 to $2.3 trillion in 2025.